PSA will offer electric Peugeot Boxer, Citroen Jumper vans
Skoda narrows choice for new European car plant
VW brand to cut up to 7,000 jobs
PSA Group will offer full-electric versions of its Peugeot Boxer and Citroen Jumper medium vans as it completes plans to electrify its range of light-commercial vehicles.
The U.S. Justice Department has opened a criminal investigation into Ford’s emissions certification process, the automaker disclosed two months after admitting to an issue with its testing.
Skoda is close to choosing the location for a new factory with Serbia emerging as the favorite. Speculation about the plant’s location has been intense since Skoda’s parent, VW Group, said it wanted to build factory in eastern Europe, with Skoda likely to take the lead.
Volkswagen Group said it will shrink the workforce by up to 7,000 staff, raise productivity and make 5.9 billion euros worth of annual savings at its core VW brand by 2023 in a bid to raise the brand’s operating margin to 6 percent.
The 37 Crossway Natural Power (NP) coaches will be operated by Beltrame Group, and will be delivered to Dracénie Regional Council (Dracénie Provence Verdon agglomeration (DPVA) by the end of 2019.
The U.S. Commerce Department sent a report on Sunday to President Donald Trump that could unleash steep tariffs on imported cars and auto parts. Profits at German automakers are seen most at risk from tariffs on cars they export to the U.S. from Europe.
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