Author: Automotive News Breaking News Feed

French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China’s Dongfeng Motor Group, several sources with knowledge of the situation told Reuters.

French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China’s Dongfeng Motor Group, several sources with knowledge of the situation told Reuters.

Masamichi Kogai, the new CEO of Mazda, expects the company to achieve record U.S. sales in the next two years, as the automaker bounds back from years of losses on the back of booming demand, new products and a lower cost structure.

Alfa Romeo’s 4C coupe delivers on the brand’s promise to offer a true supercar at a reasonable price. The 53,000 euro 4C combines a downsized engine with a very lightweight body to achieve supercar performance.

BMW is breaking new ground with its extensive use of carbon fiber in the i3 electric car. The move represents the biggest shift in automobile production since at least the 1980s when the first all-aluminum car frames were made.

Jaguar ranks first among luxury brands and Mini again topped all nonluxury brands in an annual survey of customer satisfaction with the dealership sales experience, an annual survey released Thursday found.