Ghosn hands Nissan reins to cost-focused lieutenant

Newly promoted to CEO at Nissan, Hiroto Saikawa will bring a gruff, tough, no-nonsense approach to leading Japan's second-biggest car maker at a time of rapid technological change in the industry.

PSA ready for 'opportunities' as profit gain helps Opel stance

PSA's earnings jumped 18 percent last year on cost cuts, underscoring the automaker's revival and helping its efforts to buy GM's struggling European

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