French automaker has announced Atlanta, Georgia will be home for the company's U.S. headquarters. The announcement firms out rumors the company has been recruiting employees in the Atlanta area recently as it ramps up to relaunch in the U.S. "Our unique needs in terms of technology, mobility innovation and car culture ultimately identified Atlanta as our perfect choice," said Larry… Read More...
Peugeot SA CEO Carlos Tavares has confirmed the company plans to re-enter the U.S. market and go all-electric with its product portfolio. The return state-side is being led by former General Motors engineers, who were acquired by PSA Group during its recent acquisition of Opel. Tavares detailed his plan by asserting that 100-percent of Peugeot's lineup will be electrified by 2025.… Read More...
French automaker PSA is returning to the U.S. market with a new mobility service. The company is rolling out its Free2Move mobility service app in Seattle, Was. and Portland, Ore. with plans to expand the apps availability over time. PSA launched its Free2Move app in September 2016 in certain European countries. The app connects car-sharing, ride-hailing, bike-sharing, public transit and other… Read More...
PSA Group's acquisition of Opel from General Motors apparently has a lot to do with going global, apparently. In a recent interview with German newspaper Welt am Sonntag family heir and shareholder Jean-Philippe Peugeot said Opel will advance plans for global expansion, reports Automotive News. Last month PSA Group acquired Opel/Vauxhall from GM in a deal valued at $2.3 billion.… Read More...
Reports are coming out of Paris that PSA Group's board of directors has approved its planned acquisition of Opel from General Motors. The reports alleged that the PSA board met Friday and authorized managed to finish the deal, according to Reuters. PSA Group, the parent company of brands Peugeot and Citroen, plans to formally announce the deal early on Monday.… Read More...
According to a number of reports, PSA Group chief executive Carlos Tavares will maintain Opel's identity and consider preserving its management structure if it acquires the German automaker from General Motors. One source has informed Reuters that Tavares will promote the deal as an alliance between the two manufacturers, with Opel remaining as a German corporation to comply with national… Read More...
PSA has debuted its new midsize utility vans, the third generation Peugeot Expert and Citroen Jumpy. These are the utility versions of the passenger versions already shown earlier this year, the Peugeot Traveller and Citroen Space Tourer. The vans come with an assortment of engines, both gas and diesel, wheelbase lengths, and seating configurations. One other point of consideration is… Read More...
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