PSA Groupe to buy GM’s Opel/Vauxhall for $2.3 billion
GM to keep European pension obligations, get out of money-losing businesses.
GM to keep European pension obligations, get out of money-losing businesses.
PSA Chairman Carlos Tavares committed to keeping European labor agreements in place.
Some at GM have been seeking European divestiture since 2008.
Toyota, Fiat Chrysler post heavy losses; Nissan, Honda gain ground.
Partnership will create 100 jobs, manufacturing hydrogen cells for cars by 2020.
Electric vehicle push to include 13 new vehicles throughout next five years.
Safety warning reminds parents to check rear seats for children.
Vehicle to serve as test bed for high-powered technologies.
GM, Ford, FCA, Hyundai, Volvo, Honda, Nissan, Jaguar, Mazda all have finalist contenders.
Fast-turnaround truck goes from order to delivery in 180 days, about half typical delivery times.
With a change in parties coming to the White House, motor vehicles producers face possible shifts in policy.
Smaller losses in Europe and South America, booming results in North America lead to big profits.