Peugeot confirms talks on Dongfeng deal, capital hike

Last Updated: Thursday, December 12, 2013, 13:14

PSA Peugeot Citroen is weighing new commercial and industrial projects with partners including China's Dongfeng Motor Group, backed by a capital increase, the French carmaker said on Thursday.

China approves $1.3 bn Renault-Dongfeng joint venture

Last Updated: Thursday, December 5, 2013, 09:42

Beijing has approved a long-awaited USD 1.3 billion joint venture between French carmaker Renault and Chinese giant Dongfeng, the Chinese firm said in a statement Thursday.

Mercedes eyes good festive season;posts 58% sales jump in Q3

Last Updated: Friday, October 4, 2013, 14:55

German luxury carmaker Mercedes Benz on Friday said it is eyeing robust sales during the festive season on the back of good growth during the July-September quarter.

China's Pang Da halts bid to acquire Saab

Last Updated: Wednesday, December 21, 2011, 09:32

China's Pang Da Automobile Trade said on Wednesday it would halt its attempt to acquire Swedish carmaker Saab in light of Saab's bankruptcy.

BMW drives into 2012 full of confidence

Last Updated: Saturday, December 17, 2011, 11:50

BMW, the world's largest premium carmaker, brushed off gloom-and-doom scenarios for next year and forecast another strong year for sales underpinned by new models like its revamped 3 Series saloon that hits showrooms in February.