Scale only gets you so much, says PSA's chief: more purchasing power in dealing with suppliers and higher volume on which to amortize new product and technology investments. Beyond that, it could just as well be a liability.
French automaker PSA plans to bring electrified options to its full car and light-truck lineup by 2025, joining other automakers in pledging to widely deploy partial or fully electric powertrains to lower emissions, CEO Carlos Tavares said Wednesday.
GM could return to Europe by offering self-driving technology or mobility services, CEO Mary Barra said. GM has been investing more in self-driving cars, electric vehicle technology and ride-sharing services.