Victims still feel pain of Rana Plaza collapse - Turmoil at Opel under new owner PSA of France
BMW is following in the footsteps of its German rivals like Mercedes and Audi by investing a billion euros in a new plant in Hungary. The Central European country has become an attractive location for German carmakers.
Peugeot maker PSA Group has achieved record profits of €1.7 billion in the first half of the year, after revenues jumped 40 percent. The recently acquired Opel-Vauxhall business has returned to the black.
German carmaker Opel is still losing money six months on from its takeover by France's PSA Group. The new owner's first priority is to return Open to profitability. How is the effort progressing?
Britain’s business secretary Greg Clark is meeting the CEO of PSA Carlos Tavares in Paris to discuss job cuts at the Vauxhall car factory. UK politicians and unions are concerned about the future of the plant.
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