PSA/Peugeot-Citroen’s group revenue rose 1.6 percent in the third quarter, but a push to raise pricing failed to deliver higher revenue at its core manufacturing arm.
Daily Archives: October 23, 2014
Fiat’s Wall Street share trading is flat as Milan dominates
Sergio Marchionne (photo above), CEO and architect of the merger that created Fiat Chrysler Automobiles NV, triumphantly rang the closing bell on the New York Stock Exchange last week to mark the company’s debut. Wall Street investors weren’t really listening.
NHTSA ups air bag warning to 7.8M vehicles
By TOM KRISHER
The U.S. government is telling 3 million more car owners to get their air bags repaired immediately because of potential danger to drivers and passengers, but the message has generated confusion about which vehicles are actually affected.
Daimler doesn’t share investors’ love affair with Tesla
If you ask Daimler, “Are Tesla shares overvalued?” The answer you given is investors have gotten ahead of themselves with their exuberant love for Elon Musk’s California-based manufacturer of sporty electric cars. On Tuesday,
US EPA: Fuel mileage inflated on 4 Mini Cooper models
By TOM KRISHER
The U.S. government has told BMW to reduce the gas mileage estimates on the window stickers on four of its Mini Cooper models after an audit found the figures were overstated.
