The auto industry is facing seismic changes with the rise of electric vehicles, automated driving and car sharing, and adapting to these will eclipse even big mergers such as PSA's purchase of Opel, executives at the Geneva auto show said.
“We are raising a new elite here,” said Zurab Chavchavadze, the dapper 74-year-old headteacher of St Basil the Great School, sitting beneath a large portrait of Russia’s last tsar, Nicholas II. “The students will be morally sound, religious, intellectual and patriotic, and will have every chance of getting into power.”
France's PSA Group (PEUP.PA) has agreed to buy Opel from General Motors (GM.N) in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new European car giant to challenge market leader Volkswagen (VOWG_p.DE).
Paris. A drizzly afternoon in February. I’m walking with my 13-year-old daughter behind a young woman in shiny gold trousers, black scarf slung around her neck and a sharp black coat. Her nails and lips are damson-red.