-
Recent Posts
- Ford and Lincoln Recalls For Bad Pedestrian Backup Warnings
- Ford Leads All Manufacturers in NHTSA Recalls
- CARB Adds $70M of Funding for Clean Off-Road Equipment
- Goodyear Blimp Returns to NYC for the Fourth of July
- BMW iX5 Electric Vehicle Debuts in Spartanburg SC
- Volvo Cars Q2 2026 Sales Drop ~6%
- Stellantis Pro One to Unveil an Autonomous Commercial Van
- Abu Dhabi Autonomous Racing League to Run at Imola!
- Bridgewater Interiors Workers Ratify New UAW Contract
- Mass Production eVTOL Soon? Joby Aviation and Toyota JV
- More Ford Motor Recalls for Rollaways ~740,000 Affected
- IMSA Watkins Glen: Cadillac, Corvette, Porsche Run Solid
- Sudden EV Power Loss – Toyota BZ, Lexus RZ, Subaru Solterra Recalled
- Milestones – 15 Million Honda Accords Sold in U.S.
- UAW to “Practice Pickett” Tomorrow at Woodward MPC
Recent Comments
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
Archives
Meta
Tag Archives: gm psa
GM Buys 7% of PSA Peugeot Citroën to Share Parts, Vehicles
PSA already has partnerships with Ford on diesel engines, and Toyota, BMW, and Mitsubishi on components and engines. A previous GM venture started in Europe with Fiat in 2000 failed in 2005 when GM spent $2 billion to buy its way out of a put option in the deal that allowed Fiat to sell its automotive company to GM for market value. Globally, alliances have had mixed results at automakers. Continue reading
PSA Peugeot Citroën in Alliance Talks with GM
Neither General Motors nor PSA have officially confirmed the talks, other than to say that discussions with other automakers routinely occur. Last week Peugeot posted weak results as Group operating income declined to €1,315 million from €1,796 million in 2010. GM has been losing money at Opel for more than a decade – $700 million in 2011 alone. Continue reading
Posted in auto news, economy, financial results, news analysis, results
Tagged auto informed, autoinformed.com, automotive news, citroën, gm europe, gm psa, Ken Zino, opel, pas group, psa gm, psa peugeot citroen, psa results
Leave a comment
