LONDON, Jan. 16, 2021 /PRNewswire/ — The merger between Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) that will lead the path to the creation of Stellantis N.V. (“Stellantis”), became effective today. As previously announced, Stellantis’s common shares will begin trading on Euronext in Paris and the Mercato… Continue reading The merger of FCA and Groupe PSA has been completed
Category: Automotive
PSA-Fiat Chrysler: Stellantis is born
Posted Jan 16, 2021, 12:29 PMUpdated Jan 16, 2021, 12:36 PM Goodbye PSA and long life to Stellantis. The new entity, born from the merger between the French group and its competitor Fiat Chrysler, officially saw the light of day this Saturday. The two companies, with centuries-old roots, gave birth to a global heavyweight in… Continue reading PSA-Fiat Chrysler: Stellantis is born
@FCA: The merger of FCA and Groupe PSA has been completed
London, January 16, 2021The merger of FCA and Groupe PSA has been completedThe merger between Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) that will lead the path to the creation of Stellantis N.V. (“Stellantis”), became effective today.As previously announced, Stellantis’s common shares will begin trading on Euronext… Continue reading @FCA: The merger of FCA and Groupe PSA has been completed
@FCA: Merger of FCA and Groupe PSA Complete
January 16, 2021 , Auburn Hills, Mich. – The merger between Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA), which led to the creation of Stellantis N.V. (“Stellantis”), became effective today. As previously announced, Stellantis’ common shares will begin trading on Euronext in Paris and on the Mercato Telematico Azionario… Continue reading @FCA: Merger of FCA and Groupe PSA Complete
Tesla strengthens its network in France
Posted on Jan 16, 2021, 11:19 AM And 18. Tesla will inaugurate, at the end of this first quarter, three new branches in France – in Chambéry, Mulhouse and Montpellier – which will be added to the already existing network. After the recent openings of Lille and Strasbourg, the manufacturer of electric vehicles is gaining… Continue reading Tesla strengthens its network in France
Chip shortage: Mercedes stops electric car production in Rastatt
The delivery problems with semiconductors also affect the carmaker. Daimler has to stop the EQA production that has just started. (Electric car, technology) Go to source
FCA-PSA merger adds uncertainty to Peugeot’s return to US, brand chief says – Automotive News Europe
Peugeot exited the U.S. market in 1991, driven out by a recession, slumping sales and the rising costs of U.S. regulations. The company had sold just 4,292 cars in 1990, nearly 80 percent below 1984 levels. Tavares said in an interview in December with Automotive News Europe that ahead of the closing of the merger,… Continue reading FCA-PSA merger adds uncertainty to Peugeot’s return to US, brand chief says – Automotive News Europe
German court halts criminal proceedings against former VW CEO
BERLIN: A German court in Braunschweig, Germany, said on Friday it had halted criminal proceedings against former Volkswagen CEO Martin Winterkorn for alleged market manipulation as part of the carmaker’s emissions scandal. The court said it had decided to discontinue the proceedings as the expected sentence in another case, in which Winterkorn faces charges for… Continue reading German court halts criminal proceedings against former VW CEO
@VW Group: Bugatti Chiron Pur Sport – Delivery to Customers begins
2021 begins with the world’s first delivery of a Bugatti Chiron Pur Sport1 in the USA. Bugatti Greenwich, official dealer partner of the French luxury brand, recently handed over to its customer the keys to happiness. “Bugatti of Greenwich is honored to have delivered the world’s first Bugatti Chiron Pur Sport to a very valued… Continue reading @VW Group: Bugatti Chiron Pur Sport – Delivery to Customers begins
Global shortage of semiconductors compels car makers to halt production
A global shortage of semiconductor computer chips continues to disrupt the automotive supply chain, with Toyota and Volkswagen among the latest crop of manufacturers forced to restrict production. Semiconductors – a crucial component for modern infotainment systems, driver aids and various electrical components – are in particularly high demand because of a pandemic-driven surge in demand for consumer electronic… Continue reading Global shortage of semiconductors compels car makers to halt production