Tag Archives: gm peugeot

Peugeot Annual Meeting Kills Dividend. Q1 Revenues Drop

The Q1 downturn comes as Peugeot is in the process of establishing a global alliance with General Motors, which is also losing money in Europe for more than a decade – $700 million in 2011 alone. Continue reading

Posted in auto news, financial results, results | Tagged , , , , , , , , | Leave a comment

Anti Nuke Group Protests Iran Business Ties of Mazda

Mazda is tied to the IRGC through its long-standing partnership with the Bahman Group, a Tehran-based manufacturing conglomerate that is licensed to manufacture Mazda vehicles. Bahman is 45.5% owned by the IRGC’s Sepah Cooperative Foundation, according to UANI. In 2010, Bahman produced a total of 36,891 Mazda vehicles in Iran. Continue reading

Posted in auto news, news, news analysis, transportation | Tagged , , , , , , , , , , | Leave a comment