uropean Union regulators on Tuesday extended a probe into 96 million euros ($140 million) that France plans to grant PSA Peugeot-Citroen SA to develop a hybrid diesel car. The European Commission wants to ...

French automaker PSA Peugeot Citroen SA said Monday it has agreed to study possible cooperation with Malaysian state-controlled auto group Proton that would give the French group a strong foothold ...

PARIS (AP) _ Automaker PSA Peugeot-Citroen said Friday its worldwide sales were flat for the first half as demand for its Peugeot 207 and Citroen C4 Picasso models stabilized its performance in a ...

Peugeot Citroen CEO Jean-Martin Folz will take early retirement in the first quarter of 2007, the French automaker said Friday. The company said it plans to appoint a successor for ...

PARIS (AP) _ French automaker PSA Peugeot-Citroen reported Wednesday that first-half earnings rose 60 per cent on rising demand, better pricing and the rollout of new models. Europe's second-largest car maker after Volkswagen ...

As General Motors gets bids for Opel sell off it emerges Porsche ran up a 14 billion euro debt in its attempt to take control of Volkswagen.

Automaker BMW AG said Thursday it hopes to cut costs by about US$8.5 billion by 2012 under a new efficiency drive, and said it will increase production capacity in the U.S. to ...

FRANKFURT (AP) _ German automobile manufacturer Volkswagen AG hopes to achieve management's break-even target for the North American market by 2009 at the earliest, the company's chief labour representative Bernd Osterloh told Dow ...

Toyota hopes its new Formula One car will allow the team to move near the front of the grid and to stay there for good. ``My hopes are always high because normally I ...

BYD, a Chinese battery maker aspiring to be a global electric carmaker, aims for 700,000 vehicle sales next year, four times its 2008 level.