Fiat Chrysler Automobiles CEO Sergio Marchionne said that the fallout from General Motors’ delay in recalling millions of cars for faulty ignition switches has prompted automakers to be more sensitive to safety issues.
Daily Archives: May 23, 2014
Man delivers baby fawn after pregnant mom is killed by car
Talk about a special delivery. A Minnesota man delivered a baby fawn after its mother was hit and killed by a car.
Citroen announces DS3 updates
Citroen has announced a raft of updates for the DS3 and DS3 Cabrio, with new engines, styling and safety kit. The revised DS3 and DS3 Cabrio go on sale in July and prices should remain unchanges, with an entry level DS3 starting at £12,495.
PSA to move Citroen C3 output to Slovakia from France
PSA/Peugeot-Citroen plans to build its next C3 subcompact in Slovakia instead of France, sources close to the French carmaker said today. The move is part of a strategy to shift production of low-margin small cars away from western Europe, where costs are considered too high.
PSA completes share sale to raise funds for turnaround
PSA/Peugeot-Citroen has completed the sale of 289 million new shares as part of a €3 billion ($4.1 billion) capital increase to help the money-losing carmaker finance a turnaround under new CEO Carlos Tavares.
