PARIS (Bloomberg) -- PSA/Peugeot-Citroen plans to build a car factory in Morocco as part of an effort to increase its sales in Africa, following in the footsteps of French rival Renault, two people familiar with the matter said.
May 21, 2015 05:00 AM
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Ford says Trump tariffs to cost $1.5 billion as Q1 net income dives 65%
The expected tariff cost is significantly lower than the $4 billion to $5 billion crosstown rival General Motors estimates, which Ford attributes to its higher mix of U.S.-built vehicles.
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