Shared parts purchasing is sure to save General Motors and PSA Peugeot Citroen money as their partnership moves forward. But as Automotive News points out, neither member of the partnership has defined how it will cut costs of new model development. Many details of partnership still unknown Reports indicate that GM already had a plan Read on! →

Financial Times reports that PSA Peugeot Citroën and General Motors are currently in “advanced talks” regarding a major alliance. According to reports, if the French and U.S. automakers are able to finalize an agreement, they will band together to produce both cars and automotive components in Europe. Peugeot would align with Opel/Vauxhall Should an agreement Read on! →

Sagging automotive sales in the European market have led General Motors’ Opel unit and PSA Peugeot Citroën into an alliance, reports Automotive News. The automakers expect the partnership to save them $2 billion annually within five years, while increasing sales numbers. Officials representing General Motors told analysts Wednesday that the deal with Peugeot is expected Read on! →