Category Archives: General Talk

GM employees under probe for defective ignition switch

GM employees under probe for defective ignition switch

U.S. prosecutors are interviewing present and former General Motors Co employees as part of the criminal probe into the automaker’s ignition-switch problem that has been linked to at least 13 deaths, two sources said.

Pristine Volvo P1800ES sells for record price at Bonhams auction

Pristine Volvo P1800ES sells for record price at Bonhams auction

Bonhams Auctioneers has sold a 1973 Volvo P1800ES Sport Wagon for the record sum of $92,400.

PSA’s domestic revamp begins with downsizing of Mulhouse plant

PSA/Peugeot-Citroen said it will invest €300 million ($408 million) to revamp and shrink its Mulhouse plant in eastern France, as the carmaker begins work on a recovery plan under new CEO Carlos Tavares.

Ghosn aims for place among top 3 automakers

Ghosn aims for place among top 3 automakers

Renault-Nissan CEO Carlos Ghosn elaborated on his goal to make the French-Japanese alliance one of the world’s top three vehicle producers, saying automakers nowadays must achieve economies of scale to remain competitive.

Valeo opens starter plant in China

French supplier Valeo has opened a starter plant in Shanghai, China, IHS Automotive reported in its weekly supplier newsletter.