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    Official: Opel board approves new turnaround plan
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    's supervisory board has approved changes in the company it hopes revitalizes the brand. The most important element is "massive" investments in new products over a four year period. The division also plans to increase exports and cut materials and development costs. The Opel board said it expects ...

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    WSJ: Peugeot and Chang'an shack up for new vehicle joint-venture
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    PSA Peugeot-Citroën already sells its wares in China and has a joint-venture with Dongfeng, but has now added another joint venture partner in a €395 million ($499M U.S.) 50-50 tie-up with Chang'an Automobile Group. The union will eventually have cars like the Citroën DS3 and the ...

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    PSA Peugeot Citroën to launch three-cylinder turbo in 2013
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    PSA Peugeot Citroën have announced that it will spend €175 Million to tool up one of its engine plants to build a new turbocharged inline-three cylinder engine. The Douvrin engine plant will have a capacity of 320,000 powerplants per year starting in early in 2013. The 1.2-liter engines ...

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