General Motors and PSA Peugeot Citroën Sign Partnership

General Motors and PSA Peugeot Citroën Sign Partnership
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General Motors and PSA Peugeot Citroën inked a deal yesterday that will see the companies partnering to further their interests in Europe. “This partnership brings tremendous opportunity for our two companies,” said Dan Akerson, GM chairman and CEO. “The alliance synergies, in addition to our independent plans, position GM for long-term sustainable profitability in Europe.” The… Continue Reading...

Manufacturers New Motto: Fewer Platforms, More Models, More Volume

Manufacturers New Motto: Fewer Platforms, More Models, More Volume
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Yet as we move forward and automakers seek to maintain economies of scale, the number of vehicle architectures is expected to shrink still further, even as many brands aim to proliferate their model offerings as well as adding localized production. Continue Reading...