General Motors added two recalls Thursday to its growing list for the year, pushing the total number of vehicles called back for fixes in 2014 to more than 8.5 million in the U.S. alone.
Peugeot family says it will remain influential in PSA
The Peugeot family will remain influential in PSA/Peugeot-Citroen after China’s Dongfeng and the French state took stakes in the automaker, Robert Peugeot, head of the FFP family holding company, said.
GM recalls 2.7M more cars; industry on record pace
General Motors recalled an additional 2.7 million vehicles Thursday as a deep dive into safety issues at the nation’s biggest automaker turned up more problems with some of the cars it built over the past decade.
Hyundai’s van plan signals rougher time for PSA, Renault
Hyundai is preparing to enter the European commercial van market with a Turkish-built vehicle, a source said, adding to signs that Renault and PSA/Peugeot-Citroen could lose their grip on a lucrative part of the auto industry.
Hyundai will debut a large van at September’s Hanover truck show and begin production with Turkish partner Karsan next year, a person familiar with the plan told Reuters. Hyundai declined to comment.
BMW may build Minis in Mexico, report says
BMW Group may build Minis alongside BMW 3-series and 1-series cars at a new plant in Mexico, a German newspaper reported.
