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Peugeot to move out of Paris headquarters

PSA Peugeot Citroen , an icon of French motor manufacturing, is to move out of its Paris headquarters in 2017 to a location in the city's western suburbs as part of a cost-saving push under its new part-Chinese ownership structure.

UK car sales to level off after hitting 10-year high

Britons bought nearly 2.5 million new cars last year, the most in a decade and almost 10 percent more than in 2013, as economic optimism and cheap finance cemented the country's position as the brightest auto market in Europe.

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