Tag: FCA

FCA, PSA revise merger terms due to COVID-19 – source

TipRanks 3 “Strong Buy” Stocks That Are Flirting With a Bottom In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally… Continue reading FCA, PSA revise merger terms due to COVID-19 – source

@Groupe PSA: PR Groupe PSA repurchases 10 million of its own shares from Dongfeng Motor Group (DFG) and approves an amendment of the Share Repurchase Agreement conclu…000311

Pursuant to terms of the Share Repurchase Agreement signed on 17 December 2019[1] and the decision of the Supervisory Board on 14 September 2020, DFG has sold to Groupe PSA 10 million common shares of Peugeot S.A. representing approximately 1,10% of the share capital of the company.These shares are acquired by Groupe PSA on 23… Continue reading @Groupe PSA: PR Groupe PSA repurchases 10 million of its own shares from Dongfeng Motor Group (DFG) and approves an amendment of the Share Repurchase Agreement conclu…000311

Q&A: FCA’s Mark Stewart on building a new auto assembly plant during a pandemic, jobs for Detroiters – Crain’s Detroit Business

Mark Stewart arrived at Fiat Chrysler Automobiles’ North American headquarters in Auburn Hills just weeks before Christmas of 2018 after a two-year stint overseeing package fullfillment operations for Amazon. It came at a time of major change at FCA following the July 2018 death of the global automaker’s turnaround virtuoso Sergio Marchionne, Mike Manley’s asscension… Continue reading Q&A: FCA’s Mark Stewart on building a new auto assembly plant during a pandemic, jobs for Detroiters – Crain’s Detroit Business

@Groupe PSA: PR Shareholders agree 6-month lock-up on Faurecia shares000271

IMPORTANT NOTICE By reading the following communication, you agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation… Continue reading @Groupe PSA: PR Shareholders agree 6-month lock-up on Faurecia shares000271

Dealers warned to take seriously the FCA rules on commission

MotoNovo Finance has warned dealers to take seriously the new FCA rules on motor finance that come into effect in January. MotoNovo Finance deputy CEO Karl Werner said there was no place for ‘body swerves or gamification’ that might replicate the soon to be banned dealer discretion on commission rates. All discretionary commission models for… Continue reading Dealers warned to take seriously the FCA rules on commission

@Ferrari: Ferrari Portofino M: a voyage of rediscovery

Latest evolution of Prancing Horse 2+ GT spider unveiled The Portofino M bursts with innovations that enhance its superbversatility and the pleasure of en plein air driving  Notable new features include a 620 cv V8 turbo,5-position Manettino with Race mode and a new 8-speed gearbox Maranello, 16 September 2020–The Ferrari Portofino M, the evolution of… Continue reading @Ferrari: Ferrari Portofino M: a voyage of rediscovery

PSA-FCA: why the Peugeot did not try to rebalance the “deal”

Posted on Sep 16, 2020 at 6:45 am But why have the major shareholders of PSA not sought to push their advantage? Number of observers would have deemed legitimate a renegotiation of the terms of the merger with FCA, and the financial markets have long expected this, given the financial development of the two fiancés… Continue reading PSA-FCA: why the Peugeot did not try to rebalance the “deal”