Edition:
United Kingdom

Gilles Guillaume

CO2 goals to complicate PSA, Renault labor talks

19 Sep 2019

PARIS Renault and PSA Group face a potential stand-off with French workers worried that an industry drive to meet EU emissions targets will fuel demands for concessions in upcoming labor negotiations.

Nissan China head, turnaround executive among top candidates for CEO - sources

12 Sep 2019

SEATTLE/PARIS The head of Nissan Motor Co's China business and an executive tasked with leading its revival have emerged as two of the top candidates to take over as the next CEO of the troubled Japanese automaker, four people familiar with the matter said.

Executive's flight to PSA highlights Renault-Nissan tensions

03 Sep 2019

PARIS A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his exit.

UPDATE 1-Bouygues' profits jump on back of growth at telecoms and TV arms

29 Aug 2019

PARIS, Aug 29 Bouygues posted a better-than-expected first-half core operating profit, as its telecoms and TV units helped offset weakness at the French conglomerate's construction businesses.

France's Faurecia holds course in 'tougher than expected' auto market

23 Jul 2019

PARIS French auto parts maker Faurecia said it maintained first-half profitability despite a China-led decline in auto production, sending its shares sharply higher on Tuesday.

Faurecia to stick by 2019 goals despite China slide - CEO

10 Jul 2019

PARIS, July 10 French auto parts maker Faurecia is weathering the global auto market downturn and will reiterate its 2019 guidance later this month, Chief Executive Patrick Koller said.

Car parts group Valeo announces 500 million euros of orders for its 'Lidar' sensors

04 Jul 2019

PARIS French car parts company Valeo has won 500 million euros ($564 million) worth of orders for its 'Lidar' car sensor products, Valeo executive Marc Vrecko told Reuters in an interview, highlighting the potential growth of Lidar.

Car parts group Valeo announces 500 mln euros of orders for its 'Lidar' sensors

04 Jul 2019

PARIS, July 4 French car parts company Valeo has won 500 million euros ($564 million) worth of orders for its 'Lidar' car sensor products, Valeo executive Marc Vrecko told Reuters in an interview, highlighting the potential growth of Lidar.

Abertis could exit French A65 motorway stake, Eiffage eyes stake: source

20 May 2019

PARIS Spain's Abertis is looking to sell minority stakes in some of its motorway units, including the 35 percent held by its wholly-owned French unit Sanef in Autoroute de Gascogne (A65), a source close to the matter told Reuters.

PSA revenue hit by overseas decline, Iran withdrawal

25 Apr 2019

PARIS Peugeot maker PSA Group reported a 1.1 percent decline in first-quarter revenue, as a sales decline outside Europe and currency challenges outweighed pricing improvements.

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