Bloomberg The maker of Peugeot cars weathered a slump in the auto industry in the third quarter, helped by demand for popular models like the Peugeot 508 and Citroen C5 Aircross. PSA Group’s revenue grew 1% from a year earlier, the French company said on Wednesday, just ahead of the average estimate of analysts. Automotive revenue was stable. The carmaker, ...

Bloomberg The global economic downturn is increasingly leaving its mark on Swiss industry, raising the prospect of a further deterioration of momentum in the export-oriented nation. Swiss industrial giant ABB Ltd felt the effect of a drop in factory investment in the third quarter as robotics and automation orders slumped. Steelmaker Schmolz + Bickenbach AG announced it would respond to ...

Bloomberg Renault SA will offer its electric Kangoo van with added hydrogen fuel-cells before the end of the year and roll out the technology to another model in 2020. The move sees the French carmaker joining competitors Toyota Motor Corp and Hyundai Motor Co in sticking with fuel-cell vehicles even as the industry largely backs electric cars powered by lithium-ion ...