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Peugeot-Citroen signs £1.3bn rescue deal
Thu, 20 Feb 2014French car manufacturing giant PSA Peugeot-Citroen has signed a £1.32 billion deal with Chinese carmaker Dongfeng Motors and the French government to secure its future. The far-eastern firm and the French government will each invest €800 million (around £660 million). Both organisations will receive a 14% stake in the business.
U.S. vehicle sales rise 2 percent in April
Tue, 01 May 2012UPDATED: U.S. light vehicle sales rose 2 percent in April to 1.2 million units, slightly above analysts' expectations, as consumers continued to snap up new cars and other fuel-efficient models at a faster clip than trucks and SUVs. In another sign the U.S.
New Micra Gets The Limited Edition Treatment
Sun, 02 Feb 2014HOT ON the heels of launching its latest generation Qashqai, Nissan is shining the spotlight on its Micra supermini. The Japanese car maker has announced a new special version of its Micra - called the Limited Edition. Based on the mid-range Acenta model, the Limited Edition model features a host of visual changes to boost the recently revised and updated supermini.