Mexican Media Brands
France Again Summons PSA to Discuss Job Cuts
10/9/2012The French government plans to hold talks on Oct. 25 between its ministry officials, PSA Peugeot Citroen executives and members of the company's union in France.
Car Sales Drop 8% in Brazil
10/9/2012Sales of cars, trucks and buses slid to 288,200 units in September compared with 311,600 units a year earlier, automaker group ANFAVEA reports.
Brazil’s Car Sales Drop 8%
10/9/2012Sales of cars, trucks and buses slid to 288,200 units in September compared with 311,600 units a year earlier, automaker group ANFAVEA reports.
Russia’s Auto Sales Climb 10% in September
10/9/2012Carmakers sold 259,600 passenger and light commercial vehicles in Russia last month compared with 235,700 units in September 2011, according to the Moscow-based Assn. of European Businesses.
Auto Sales Climb 10% in Russia
10/9/2012Carmakers sold 259,600 passenger and light commercial vehicles in Russia last month compared with 235,700 units in September 2011, according to the Moscow-based Assn. of European Businesses.
NEC Says Battery Innovations Could Boost EV Range by 30%
10/9/2012Electric vehicles could run 30% farther by switching to a new cathode-electrolyte combination developed by NEC Corp., according to the company.
PSA Won’t Sell Bank Stake
10/9/2012PSA Peugeot Citroen insists it will maintain full ownership of its Banque PSA finance arm despite the urging of some bondholders to sell a stake in the bank, Bloomberg News reports.
Italy May Be Probing Fiat’s Cash Position
10/8/2012Italian securities regulator Consob is investigating the size and use of Fiat SpA's cash position, Il Messaggero reports.
Is Italy Probing Fiat’s Cash Position?
10/8/2012Italian securities regulator Consob is investigating the size and use of Fiat SpA's cash position, Il Messaggero reports.
IMF: Risk to Global Economy Increasing
10/8/2012The International Monetary Fund has lowered its estimate for worldwide economic growth this year to 3.3% from its July estimate of 3.5%. The New York City-based institution also cut its 2013 forecast for global expansion by 0.3 percentage points to 3.6%. The IMF adds that there is "considerable" risk that conditions will worsen.