-
Recent Posts
- Ferrari Enzo Sets Record at The Quail Auction
- AAA Foundation – Speeding and Counter Measures Growing
- First Look – 2027 Toyota Corolla 60th Anniversary Edition
- August 2026 Light Vehicle Production Forecast – Fog of War
- First Look – 2027 Mercedes-Benz C-Class
- Software Recall – 500,000 Toyota Camry Hybrids
- IndyCar 2026 – Markum Street Race Ups and Downs
- California Car Week – Acura NEXERA Vision Concept Debuts
- Annals of Nostalgia Marketing – McLaren McL 6GT
- Annals of Marketing – Cadillac V-ONE Concept Shown
- Aston Martin Valen Super Car Debuts in California
- Mustang Dark Horse SC Convertible Debuts
- First Look – 2027 Nissan Kicks Rock Creek Edition
- Ford Motor to Stop Producing Lincolns in China
- Audi Nuvolari Debuts in U.S. at Monterey Car Week
Recent Comments
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
- 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
Archives
Meta
Tag Archives: psa gm
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
