psa group to acquire opel from gm in 23 billion dollars deal

PSA Group to Acquire Opel from GM in $2.3 Billion Deal

Automotive Pavan Pandey - Mar 06, 2017

French automobile manufacturer, PSA Group, has agreed to purchase General Motors’ European Unit, Opel AG and Vauxhall in a deal valued at $2.3billion (€2.2 billion).

vauxhall peugeot deal germany and uk raise concerns

Vauxhall-Peugeot Deal: Germany and UK raise concerns

Automotive Mohit Shah - Feb 16, 2017

The governmental authorities of UK and Germany are seeking to defend jobs in the potential collaboration of the Peugeot and Vauxhall carmakers.

toyota losses its spot of being the worlds biggest auto seller to volkswagen

Toyota losses its spot of being the world’s biggest auto seller to Volkswagen

Automotive Himanshu Gill - Jan 30, 2017

Japan-based Toyota Motors has lost its four-year long run as the world’s largest selling automaker to German rival Volkswagen, for the year 2016.

gm to shift plant from canada to mexico cutting 625 jobs

GM to shift plant from Canada to Mexico, cutting 625 jobs

Automotive Himanshu Gill - Jan 28, 2017

US-based automotive giant General Motors has revealed that it will cut 625 jobs at its Canadian assembly point in Ontario, by shifting its production to Mexico.

gm co will announce 1 billion dollars investment in its us factories

GM Co. Will Announce $1 Billion Investment in its US Factories

Company Pavan Pandey - Jan 17, 2017

According to a source, GM Co. plans to announce that it will spend about $1 billion in the United States plants, including Michigan, adding to more than 1000 jobs.

donald trump threatens bmw of a 35 percent border tax

Donald Trump threatens BMW of a 35 percent border tax

Automotive Himanshu Gill - Jan 16, 2017

US President-elect Donald Trump has warned that he will impose a border tax of 35 percent on the cars that BMW will manufacture in its new plant in Mexico.

gms cadillac to start car subscription service at 1500 a month

GM's Cadillac to start car subscription service at $1500 a month

Automotive Himanshu Gill - Jan 06, 2017

General Motors has announced that it will begin a $1500 per month service to rent Cadillac cars and SUVs in New York and hopes to expand the service soon.

ford scraps mexicos 16bn dollars plan will spend 700m dollar at michigan factory

Ford Scraps Mexico’s $1.6bn Plan, Will Spend $700m At Michigan Factory

Automotive Pavan Pandey - Jan 04, 2017

Popular US car maker Ford Motor Co. will cancel its $1.6bn plan to build the Mexico plant and would extend operations at its Michigan factory.

toyota to pay 3 billion to settle class action lawsuit in us

Toyota to pay $3.4 billion to settle Class Action Lawsuit in U.S

Automotive Himanshu Gill - Nov 15, 2016

The lawsuit was filed by owners of Toyota pick-up trucks and SUVs who complained that the frames of their vehicles had no proper protection from rust. This agreement covers over 1.5 million Toyota veh

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