According to a report last Friday by French newspaper "Les Echos" the negotiations that had been undergoing at PSA with Mitsubishi may be nearing a conclusion. PSA/Peugeot-Citroen and Mitsubishi Motors Corporation have been talking about using one of the Japanese company's platforms for small, low-range cars. Mitsubishi’s low-cost “Global Small” platform that will be produced in Thailand is the main...
The Swedish at Saab and their Dutch owners at Spyker have been looking for a partner to aid production of a modern Saab 92 and we now have a potential partner for the affair. The partners in question are the Bavarians from BMW. The current negotiations aim for the modern version of the Saab 9-2 getting BMW engines and transmissions....
Honda have announced the plan that's destined to get its Chinese employees back to work and all it's plants in the People's Republic up and running again. The workers that staged a walk out that lead to the closing of four Honda plants in China have been demanding an increase of over 50 per cent in pay and benefits as...
Elon Musk, CEO of Tesla Motors has announced that the company plans to announce in the next several weeks what location it has chosen for a new plant destined to produce its new Tesla Model S sedan. Musk also stated that Tesla is getting 50 to 60 individuals a month with a focus on vehicle engineering and production specialists and...
