
PSA/Peugeot-Citroen has hired former Renault Chief Operating Officer Carlos Tavares to lead the French manufacturer out of a six-year slump in European demand that has sapped the finances of the region’s second-biggest carmaker.

PSA/Peugeot-Citroen has hired former Renault Chief Operating Officer Carlos Tavares to lead the French manufacturer out of a six-year slump in European demand that has sapped the finances of the region’s second-biggest carmaker.

Zetsche said Daimler benefits if China is “interested in our fate.” Daimler would welcome a Chinese investor after taking a stake in Beijing Automotive Group, though it has had no sign that this will happen, CEO Dieter Zetsche said.

Honda has unveiled the MC-β, a new micro-sized city EV – a two-seater prototype with plastic body panels and a pipe frame chassis that is very similar to Renault Twizy.

Fisker Automotive, whose sleek, sporty electric cars caught the eye of Justin Bieber and other celebrities, has filed for bankruptcy protection.

Yamaha has commissioned McLaren F1-designer Gordon Murray to design an alternative to the likes of smart fortwo and Toyota iQ. The result is called MOTIV.e, which incorporates Formula One heritage, inspiration from motorcycle design and the latest technology to deliver an exciting and high quality driving experience.