The government has leaked information about the next level of support it plans to give EV buyers, which is expected to be announced at this week’s Paris auto show, including financial aid for installing private...
The Detroit Three returned to profitability in part because of plant closings, but European governments tried to keep all factories open by subsidizing consumer purchases.
The growing disparity in incomes globally is helping the entry-level and premium brands grow at the expense of traditional middle-class cars, an industry-watcher says.
With the current Fortwo’s lifespan winding down, Faurecia apparently waited to buy the smaller supplier until it was assured the plant in Eastern France had a future.
Chevrolet is a better fit than Opel because the brand’s global footprint and high volumes mean lower production costs that could solve some of the French auto maker’s financial problems.
Many Peugeot, Citroen and Renault cars may be more “French,” but Toyota was the first major auto maker to request verification that one of its products met the criteria.