The move by US auto giant General Motors to offload money-losing European brand Opel marks its latest effort to focus on more profitable markets and autonomous driving technology.
The largest US automaker announced Monday the sale of European brands Opel and Vauxhall to French automaker PSA for 1.3 billion euros ($1.4 billion), pulling away from a region that has producedRead more
French carmaker PSA's boss Carlos Tavares, pushing plans to buy General Motors' European brands Opel and Vauxhall, had a "constructive" talk Friday with the head of Britain's biggest trade union about the project, the union said.
Len McCluskey, head of the Unite union, said the London meeting was "relatively positive" and the two sides had agreed to "engage constructively" inRead more
Five German carmakers have decided to recall 630,000 vehicles in Europe to fix diesel emissions management software, said German Transport Minister Alexander Dobrindt on Friday.
Companies affected are Mercedes-Benz, Opel, Volkswagen, Audi and Porsche, according to Dobrindt.
The move was voluntarily agreed by carmakers in order to fix software which shuts down emission controls at certain temperatures to protect theRead more