Automakers unveil new models at the Geneva Motor Show amid growing pressure on mass-volume brands. Brexit has auto makers such as Nissan Motor Co., BMW AG , Ford, General Motors Co., Bentley and Rolls-Royce wondering about the future of their factories there. French car maker Peugeot and General Motors Co. are expected to announce Monday that they have concluded talks for the French car maker to buy Opel, GM ’s European business. The deal illustrates the heightened pressure on mass-volume car makers, which could unleash further industry consolidation in Europe. Photo: Jason Alden/BloombergRecent auto shows have highlighted new digital wizardry and electric vehicles, but in Geneva European auto makers are getting back to basics: power and performance.
Source: Wall Street Journal March 04, 2017 14:03 UTC