PSA seeks partner to replace Fiat in van venture

PSA is looking for a new partner for light commercial vehicles to replace Fiat, which is withdrawing from the companies' existing venture. PSA wants to share the cost of developing and manufacturing replacements for its Peugeot Expert and Citroen Jumpy vans built at a plant in France shared with Fiat, CEO Philippe Varin said. Read More »

Toyota notches up 400,000 hybrid sales in Europe Toyota says it has delivered the 400,000th hybrid car in Europe, 12 years after launching the first-generation Prius in the region. ... Read More »
Fiat plants in Italy to resume work on Monday Fiat's factories in Italy will resume production on Monday after a strike by truckers ended on Friday. Fiat lost production of 8,400 vehicles after parts deliveries were ... Read More »
Sweden repays bankrupt Saab's EU loan Sweden's Debt Office has paid back a loan made by the European Investment Bank to Saab, making the country the bankrupt carmaker's biggest creditor. ...
Fiat to launch 500L, fourth variant of retro-styled 500 minicar Fiat says the fourth variant of its 500 model lineup will be called the 500L, with L standing for large.The five-seat subcompact will go on sale in Europe in the summer. ...
PSA sets 550,000 output target for new 208 PSA has set an annual production target of 550,000 cars for its new 208 subcompact model, the automaker's industrial director, Denis Martin said. "The production target i ...
Ford quarterly profit slips to $1.1 billion on Europe, Asia losses Ford said its pretax operating earnings in the fourth quarter fell 15 percent to $1.1 billion, in part due to widening losses in Europe, as the company posted its third s ...
GM seen accelerating Opel restructuring as sales plunge The financial crisis in Europe is adding new urgency to General Motors' attempt to turn around its money-burning Opel unit. The U.S. carmaker is trying a number of moves ...