BEIJING/PARIS Peugeot maker PSA Group and partner Dongfeng Group have agreed to cut thousands of jobs in China and drop two of their four shared assembly plants, according to a document seen by Reuters, in a last-ditch bid to curb mounting losses as the world's largest auto market loses steam. | Video
PARIS Air France-KLM said operating profit rose 16% in the second quarter as new Chief Executive Ben Smith's cost-cutting helped offset rising fuel prices, sending its shares up 7%.
PARIS, July 31 Air France-KLM
increased its operating profit in the second quarter, as rising
fuel prices were countered by cost-cutting under the
Franco-Dutch airline group's new Chief Executive Ben Smith.
PARIS Air France-KLM provisionally agreed to order 60 of Airbus's new A220 jets on Tuesday while announcing the retirement of the planemaker's A380 superjumbo from its fleet, in a bid to improve the airline's fuel efficiency and costs.
PARIS Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal. | Video
PARIS French carmaker PSA Group delivered a sharp increase in first-half profit, defying a global industry downturn as new models and cost savings from the integration of Opel-Vauxhall more than made up for weaker emerging market sales. | Video
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.
DETROIT/PARIS French automaker Renault SA, its Japanese partner Nissan Motor Co and tech giant Alphabet Inc's Waymo are exploring a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday.
LE BOURGET An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programmes being touted at the Paris Airshow, as the industry tries to convince a sceptical public it can deliver on a pledge to halve carbon emissions by 2050.