Tech EU News
Peugeot and GM scale back alliance – economy
PSA Peugeot Citroen is to scale back its alliance with US company General Motors.
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http://www.euronews.com/2013/10/23/peugeot-and-gm-scale-back-alliance
PSA Peugeot Citroen is to scale back its alliance with US company General Motors.
Peugeot said a joint small-car programme with GM is likely to be cancelled.
“Further analysis showed that the business model just wasn’t there,” a Peugeot spokesman said, without elaborating.
That word came as the troubled French carmaker posted a 3.7percent decline in quarterly revenue.
General Motors took a seven percent stake in Peugeot after they announced a broad-based alliance early last year, aimed at making major savings.
Some of that was achieved with joint purchasing, and they are making two minivan models together, but the small car project was seen as key.
Peugeot is now pursuing tie-up talks with its Chinese partner Dongfeng even as it cuts jobs and reduces plant capacity in the face of falling European sales, particularly in the south.
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http://www.euronews.com/ Russian celebrities, film stars, directors and producers walked the red carpet at the opening of the 34th Moscow International Film Festival.
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http://www.euronews.net/ It is home to a stretch of coast popular with surfers and one of the oldest funfairs in the United States, welcome to Santa Cruz.
But over recent years this small Californian town – like many other areas – has seen crime rise but police budgets fall. So detectives have been forced to find another method of protecting the population.
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Tech EU News
[SIGN LANGUAGE] The right to work: enabling people with disabilities to thrive in the job market
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Despite vast differences in policy, one thing the remaining candidates for chancellor have in common is their pro-European views.
READ MORE : https://www.euronews.com/2021/09/27/german-election-how-change-in-leadership-in-berlin-could-affect-brussels
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Europe Today: Von der Leyen heads to Lithuania for drone crisis talks, condemns Russia
Ahead of her visit to Lithuania today following recent drone incursions in the three Baltic states, the European Commission president Ursula Von der Leyen has said “Russia’s public threats against the Baltic states are completely unacceptable.”
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