Tag Archives: Groupe PSA

Groupe PSA, Punch Powertrain Expand EV JV

Punch Powertrain will contribute its DT2-related business unit, including engineering, manufacturing, and support functions to the new entity which is expected to be operational by the third quarter 2020. Continue reading

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Groupe PSA Q1 2020 Revenue -15% at €15.2 Billion

PSA says the outlook is currently difficult to assess and will depend on the scale, duration, and geographic extent of the Covid-19 crisis, as well as the measures taken by the countries concerned. Continue reading

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General Motors Closes Deal on Selling Opel/Vauxhall

This ends almost 100 years of GM in Europe, leaving only the slow expansion of the Cadillac brand, and the sale – it’s more like a hobby than a business – of niche vehicles, the Chevrolet Camaro and Corvette, both imports, as GM’s only presence in the world’s third largest vehicle market. GM’s Lyft and Maven will eventually appear in Europe, AutoInformed opines. Continue reading

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