PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts
Opel's Eisenach plant fears its workforce could be halved.
Opel Posts $200M Loss, PSA Groupe Chipping Away At Brand’s Fixed Costs
PSA CEO Carlos Tavares said Opel's fixed costs have already been reduced by 17 percent.
Renault-Nissan-Mitsubishi Alliance CEO Says Company Is The Only One Making Money On EVs
So far, he's probably correct.
Report: Opel Lost Over $1 Billion In 2017
Opel is adamantly denying the figure, however.
Financial Analyst Believes Cadillac Houses Untapped Potential
And it could be the next thing to rival Tesla.
GM CEO Mary Barra Insists Automaker’s Electric Cars Will Be Profitable By 2021
The bold claim comes amid plans for 20 new electric cars by 2023.
Profitability For Self-Driving Cars Will Come As Technology Costs Decrease
GM sees profitability in a cost-per-mile model.
General Motors Reports Third Quarter 2017 Net Income Of $1.9 Billion On $33.6 Billion In Revenue
Representing the first time since Q4 2014 that all of the automaker's divisions were profitable.
GM Korea Faces Uphill Battle As Export Business Declines: Analysis
The road ahead might get quite bumpy, if not downright rough.
Will PSA Groupe Eliminate Most Of Opel’s Vehicle Development Staff?
Some believe that only 800 of the 7,700 Opel development employees will remain.