PARIS -- PSA Group and Japan's Nidec said they will invest 220 million euros ($261 million) in a joint venture to produce electric motors in France. The joint venture will design, develop, manufacture ...

DETROIT (AP) — General Motors Co. has decided to unload its 7 percent stake in French automaker PSA Peugeot Citroen. The Detroit company said Thursday that it is selling all 24.8 million shares of PSA ...

One step at a time, as if preparing a spacecraft launch to the depths of space, French auto group PSA is getting ready to start manufacturing some electric vehicles of its own. Since the beginning of ...

Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. PSA is planning to announce an agreement to buy General Motors’ loss-making Opel division on Monday, in a move ...

DETROIT - General Motors Co. has decided to unload its 7 per cent stake in French automaker PSA Peugeot Citroen. The Detroit company said Thursday that it is selling all 24.8 million shares of PSA to ...

RUEIL-MALMAISON, France--(BUSINESS WIRE)--Regulatory News: Groupe PSA (Paris:UG) and Nidec Corporation (the “Nidec”), through Nidec Leroy-Somer Holding (the“Nidec Leroy-Somer”), intend to work ...

The Peugeot Citroën and General Motors alliance was a bit of a messy practice from the start. While GM has gone to sell off its seven percent stake in PSA, and dropped multiple plans to co-produce a ...

So, with PSA Group, the company that owns and operates the Peugeot, DS and Citroen brands, taking over Opel from its current owners, General Motors, what does that mean? It means the biggest auto ...

FRANKFURT (Reuters) - Opel, the European arm of General Motors (GM.N), said its sale to France's PSA Group (PEUP.PA) could be completed as early as July 31, pending regulatory approval from antitrust ...

General Motors has announced that it is selling its remaining seven-percent stake in PSA Peugeot Citroen today. The seven-percent stake equates to 24,839,429 shares of the French automaker and the ...

One of the conditions outlined by General Motors in negotiations to sell its European Opel-Vauxhall unit to PSA Group is a non-compete clause that would preclude the French automaker from selling Opel ...