Carlos Tavares

Opel will develop PSA's 4-cylinder engines for Europe, China, N.A.

June 15, 2018 06:01 CET
Opel's engineering center in Ruesselsheim will develop PSA's new 4-cylinder gasoline engines for use in Europe, China and North America.

PSA has new heads for Russia, purchasing; sends sales expert to Opel

May 17, 2018 15:01 CET
PSA has appointed executives to accelerate growth in Russia, boost sales at Opel, and improve purchasing efficiencies and synergies within the company.

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

Check out the ANE monthly magazine for May

May 7, 2018 06:01 CET
The latest issue of the Automotive News Europe monthly magazine is ready to view. The new edition looks at how PSA Group CEO Carlos Tavares' integration of Opel/Vauxhall is progressing.

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

PSA boss Tavares sees signs his big bet on Opel will pay off

May 6, 2018 06:01 CET
PSA CEO Carlos Tavares shook up the industry by purchasing GM's money-losing Opel and Vauxhall brands and vowing to have them turn a profit by 2020. So far, Tavares says, things are on the right track.

ANE's May issue goes live on Monday

May 4, 2018 06:01 CET
The latest issue of the Automotive News Europe monthly magazine goes live on Monday. The new edition looks at how PSA Group CEO Carlos Tavares' integration of Opel/Vauxhall is progressing.

2018 BEIJING AUTO SHOW

DS 7 net pricing on par with Audi Q3, CEO Bonnefont says

April 28, 2018 06:01 CET
The DS 7 Crossback, the first SUV of the PSA's near-luxury brand, has hit its pricing target.

Opel workers protest cuts as PSA's Tavares digs in

April 25, 2018 11:14 CET
Hundreds of Opel workers gathered outside the automaker's plant in Eisenach, Germany, to protest PSA's plans to rein in wages in return for production investments.

PSA wants 3,700 Opel job cuts in Germany, labor chief says

April 20, 2018 16:02 CET
PSA wants 3,700 job cuts at Opel in Germany by 2020 and a process of contract buyouts and early retirement has already resulted in a reduction of about 2,000 positions, Opel's labor chief said.

PSA's Tavares faces toughest opponent yet in German union

April 20, 2018 09:16 CET
PSA boss Carlos Tavares, who is no stranger to thrashing out difficult labor deals, is now taking on Germany's powerful IG Metall union, which has been the undoing of many a cost cutter.

Opel labor leaders fear Eisenach plant work force could halve

April 20, 2018 09:48 CET
German labor leaders fear Opel's Eisenach factory could lose half its 1,800-person work force unless a deal with owner PSA is struck. The French company wants concessions to raise the plant's profitability as a precondition for getting more production allocated to the plant.

PSA's fight to cut Opel's production costs intensifies

April 19, 2018 13:27 CET
PSA's fight to cut production costs at Opel's German factories took on a national dimension with Chancellor Angela Merkel intervening to say she expected the French automaker to honor commitments it made when it bought Opel from GM last year.

Tavares says CO2 fines could boost Chinese brands

April 5, 2018 16:01 CET
EU fines for companies that miss tougher CO2 reduction targets could bring a major European automaker "to its knees," allowing a Chinese buyer to step in with its own electric vehicle technology, PSA Group CEO Carlos Tavares said.

PSA CEO Tavares to get $1.2M bonus from Opel deal

April 4, 2018 09:25 CET
PSA CEO Carlos Tavares could earn an additional 1 million euros ($1.2 million) in compensation for helping to engineer Opel's turnaround plan in 2017.

PSA CEO backs calls for European battery champ

March 28, 2018 13:13 CET
PSA threw its support behind efforts to create a European manufacturer of EV batteries, as CEO Carlos Tavares warned French lawmakers against letting Asian dominance go unchallenged.

PSA stabilizes Opel, but much work remains

12:01 am U.S. ET | March 18, 2018
"No regrets" -- That's PSA Group CEO Carlos Tavares' assessment one year after striking a $2.7 billion deal for Opel and Vauxhall, General Motors' stubbornly unprofitable European brands.

PSA targets DS turnaround after Macron endorsement

March 16, 2018 10:54 CET
PSA's struggling DS lineup will end a five-year sales slump in 2018, divisional boss Yves Bonnefont predicted, thanks to its new DS7 Crossback SUV and a little help from French President Emmanuel Macron.

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

PSA faces 'make-or-break' year after failing to adapt to changing China

March 14, 2018 13:06 CET
PSA's future in China seemed limitless in 2014 as the market became the automaker's largest, outpacing France for the first time. Last year, however, PSA's China sales fell by almost half in a car market that surged 25 percent.

PETER SIGAL

Trump's tariff threat could impact PSA's U.S. return

4:55 am U.S. ET | March 7, 2018
President Donald Trump's threat to impose tariffs on European cars exported to the United States has worried PSA Group, which doesn't (yet) sell vehicles in North America.

PETER SIGAL

Trump's tariff threat could impact PSA's U.S. return

4:55 am U.S. ET | March 7, 2018
U.S. President Donald Trump's threat to impose tariffs on European cars exported to the U.S. has worried PSA Group, which doesn't (yet) sell vehicles in North America.

Auto industry rejects Trump's tariff threats

6:56 am U.S. ET | March 6, 2018
Automotive companies on both sides of the Atlantic pushed back on President Donald Trump's talk of a trade war with Europe using a similar refrain: Everyone will suffer if his rhetoric becomes reality.

Tavares demands gov't commitments on EV charging networks

March 6, 2018 12:35 CET
PSA boss Carlos Tavares said he will introduce demands as head of the ACEA European automakers' lobby that EU governments commit to develop EV networks in exchange for previously agreed CO2 emissions targets.

Diesel collapse gives automakers CO2 headache

March 6, 2018 12:09 CET
The accelerating demise of diesel, long used by automakers to boost fuel-efficiency, is undermining their plans to meet looming EU CO2 goals, and avoid big annual fines.

Opel has cut fixed costs by 17% in profitability bid

March 5, 2018 20:38 CET
Fixed costs at Opel have already been reduced by 17 percent, PSA CEO Carlos Tavares told investors this week, as he outlined steps that he and Opel chief Michael Lohscheller have been taking to turn around the troubled German automaker.

ANE's March issue goes live Monday

March 2, 2018 06:01 CET
The latest issue of the Automotive News Europe monthly magazine goes live on Monday, March 5. The new edition looks at what Ford of Europe needs to do to make its business sustainably profitable after last year's disappointing performance.

PSA signs Malaysia production deal to boost Asia reach

Feb. 26, 2018 11:03 CET
PSA has signed a deal with Malaysian company Naza to jointly produce vehicles for Malaysia and other Asian markets. It is part of the French automaker's plan to boost its presence in the region. Output of the Peugeot 3008 will begin this year, followed by the Citroen C5 Aircross in 2019.

 
Automotive News Europe supplement 

Turn the pages of the 2018 Automotive News Europe Rising Stars program on your computer

 
VW board was weak and indecisive over Audi CEO crisis


5:30 am U.S. ET | June 20 2018

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When a crisis strikes, a company's board must spring into action and take charge to quickly restore ...
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Stadler's words return to haunt him

Christiaan Hetzner
9:23 am U.S. ET | June 18 2018

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Audi CEO Rupert Stadler could not have been more prophetic when he said last month: "The diesel cris ...
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70 years later, appreciating the genius of Ferry Porsche

Richard Johnson
12:01 am U.S. ET | June 15 2018

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We all know Ferdinand Porsche. But history has forgotten that it was his boy, Ferry, who created the ...
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Why VW should share its skateboard and change the world

Larry P. Vellequette
3:34 pm U.S. ET | June 13 2018

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Volkswagen Group CEO Herbert Diess has plenty on his plate, but he should consider these three words ...
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Land Rover sets course for Defender to come home

Richard Truett
11:42 am U.S. ET | June 12 2018

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Authenticity is crucially important for the next Defender. Building the iconic off-roader in its spi ...
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Volvo's Polestar commits to guiding light feature

Douglas A. Bolduc
12:01 am U.S. ET | June 9 2018

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Polestar CEO Thomas Ingenlath says that the Volvo-controlled brand will extend a unique design featu ...
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The Elkann style: Sustainability … at Ferrari speed

Andrea Malan
12:01 am U.S. ET | June 8 2018

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Lapo Elkann, scion of the Agnelli family and still part owner of Fiat Chrysler and Ferrari, showed a ...
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Why BMW's new 3 series needs to up its game

Christiaan Hetzner
12:01 am U.S. ET | June 6 2018

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The BMW 3 series is still the benchmark against which all midsize sedans are measured, but the outgo ...
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Why Chinese cars, crossovers should worry Europe's brands

Luca Ciferri
12:01 am U.S. ET | June 2 2018

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Chinese cars are now on par with products from Europe’s brands in terms of design, handling, p ...
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VW Group's new CEO Diess may have too much power

Christiaan Hetzner
12:01 am U.S. ET | May 24 2018

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Former BMW executive Herbert Diess now heads both VW Group and its core VW brand, which may be conce ...
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China in control as industry enters new era
China has been the world's biggest auto market since 2009, when it eclipsed the U.S. ...
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European sales flat in May on fewer sales days
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Jeep is biggest winner as Spain sales rise 7%
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German market down 6% but VW bucks trend with new SUV
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UK sales rise 3% in May on private demand
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Italy sales decline 3% on political uncertainty, diesel slump
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French May sales flat despite strong gains by Jeep, Hyundai, Skoda
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VW Group's China sales rose 12% in April on Audi, Skoda demand
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VW, Toyota, Dacia rise as Europe sales rise 10% in April
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Russian sales rise 18% as buyers try to beat price hikes
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Europe's small SUV sales projected to 'grow like crazy'
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Premium automakers add drivetrains, body styles to stabilize midsize sales
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Europe's automakers invest in sedans despite SUV surge
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Hyundai, Seat add body styles to spice up key sector
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Audi, BMW forecast to give key SUV sector a lift with new flagships
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Tesla Model S outsells German luxury flagships in Europe
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Europe's luxury compact car segment forecast to decline for second year
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Europe's EV sales expected to top 200,000 this year
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VW, Peugeot, Seat propel compact SUV sector toward new record
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Daimler sales, HR expert is new Smart boss
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IAC names former Magna exec Manfred Gingl as CEO
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PSA finance boss de Chatillon quits to join pharmaceutical company
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Apple poaches senior self-driving engineer from Waymo
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GM names first female finance chief
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Rolls-Royce design chief Taylor leaves automaker
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Rolls-Royce design chief Taylor leaves automaker
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