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News watch May 2012: today's auto industry news
Tue, 29 May 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 1 June 2012• Peugeot-Citoren has been hit hardest by a 17% drop in overall domestic sales during May. PSA saw a 28% fall in sales, with Renault suffering a 14% decline, and Fiat 21%.
Sergio bows at Pininfarina Tribute Rally
Wed, 05 Jun 2013Pininfarina showed its Sergio barchetta concept at an event in the UK last week where the main aim was to set a record for the largest number of Pininfarina cars gathered in a single location. As Autoweek went to press, the total was nudging towards 200, an early audit of the delectable selection of machinery arranged on the lawns around Hurtwood Park Polo Club suggesting at least 180 cars with more still to report. “We're hoping to get over the magic 200, but will have to wait and see,” said Gary John on behalf of the organizers, Brokersclub.
GM and PSA sign a global strategic alliance (2012)
Wed, 29 Feb 2012GM and PSA Peugeot Citroen this evening announced a 'long-term and broad-scale global strategic alliance' which will see the three brands co-develop cars in Europe and, in some cases, globally. Opel/Vauxhall and Peugeot Citroen will start sharing vehicle platforms and components, with the first jointly developed models expected by 2016. The focus will be on small and medium sized cars, MPVs and crossovers, but could in future stretch to include vans and commercial vehicles.