PSA/Peugeot-Citroen plans to build a car factory in Morocco as part of an effort to increase its sales in Africa, following in the footsteps of French rival Renault, two people familiar with the matter said.
Porsche launched a precautionary worldwide recall of its 918 Spyder plug-in hybrid sportscar, which can cost up to 850,000 euros ($937,000), saying a carbon fiber part could damage the cooling system and needed to be checked.
Volkswagen Group sales fell for the first time in at least four and a half years in April, raising pressure on the automaker to fix trouble spots laid bare by the ouster of former chairman Ferdinand Piech.
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