Posted Dec 18 2019 at 6:07 pm Economies of scale, sharing of technologies, geographic complementarity… By joining forces , PSA and Fiat Chrysler will undoubtedly be better equipped to face the tormented years ahead in the automotive industry. Carlos Tavares, PSA CEO called to lead the future together, will nevertheless very serious challenges . ·… Continue reading Heavy construction sites await PSA-Fiat Chrysler
Tag: FCA
PSA-Fiat Chrysler governance: a fragile balance at the head of the new champion
Posted Dec 18 2019 at 6:04 pm Like all mergers “between equals”, the great Franco-Italian wedding of the day will not be free from risks. How to ensure, first, that the former shareholders of the two groups, PSA and Fiat Chrysler, are not injured? How can we guarantee balanced governance that respects everyone’s interests? A… Continue reading PSA-Fiat Chrysler governance: a fragile balance at the head of the new champion
FCA-PSA deal “good”, govt will monitor impact – Italy’s FinMin
ROME, Dec 18 (Reuters) – Italy’s Finance Minister Roberto Gualtieri on Wednesday welcomed the binding merger agreement between Fiat Chrysler and Peugeot maker PSA saying it was “good” and said Rome would keep on eye on the deal’s effects on jobs and investments. “The government welcomes this alliance and will continue to closely monitor the… Continue reading FCA-PSA deal “good”, govt will monitor impact – Italy’s FinMin
@FCA: Groupe PSA and FCA agree to merge: New entity will have the leadership, resources and scale to be at the forefront of a new era of sustainable mobility
December 18, 2019 , Rueil-Malmaison and London – IMPORTANT NOTICE By reading the following release, you further 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… Continue reading @FCA: Groupe PSA and FCA agree to merge: New entity will have the leadership, resources and scale to be at the forefront of a new era of sustainable mobility
Groupe PSA and FCA agree to merge
RUEIL-MALMAISON, France and LONDON, Dec. 18, 2019 /PRNewswire/ — Combines companies’ extensive and growing capabilities to address the challenge of shaping the new era of sustainable mobility Combined company will be the 4th largest global OEM by volume and 3rd largest by revenue with annual sales of 8.7 million units and combined revenues of nearly €170 billion1… Continue reading Groupe PSA and FCA agree to merge
@FCA: Groupe PSA and FCA agree to merge
Groupe PSA and FCA agree to merge Go to Source
UPDATE 1-Dongfeng to reduce PSA stake in merger deal with Fiat-sources
(Updates to add Dongfeng reached for comment, shares on trading halt) MILAN, Dec 17 (Reuters) – China’s Dongfeng Motor will have a reduced stake of around 4.5% in the new group resulting from the merger between Peugeot owner PSA and rival Fiat Chrysler, two sources said on Tuesday. Earlier the board of PSA approved a… Continue reading UPDATE 1-Dongfeng to reduce PSA stake in merger deal with Fiat-sources
Boards of Fiat Chrysler, Peugeot owner PSA, sign off on merger: sources
MILAN (Reuters) – The boards of French carmaker PSA (PEUP.PA), the owner of Peugeot, and Fiat Chrysler (FCHA.MI) (FCA) in separate meetings on Tuesday approved a binding agreement for a $50 billion merger, sources said. FILE PHOTO: Carlos Tavares, Chief Executive Officer and Chairman of the Managing Board of PSA Group, attends a news conference… Continue reading Boards of Fiat Chrysler, Peugeot owner PSA, sign off on merger: sources
Auto industry: Fiat Chrysler and PSA want to seal their merger – experts fear wave of layoffs
Munich, Paris, Milan, New York The verdict of PSA-Manager about the possible merger partner is tough. The offer of Fiat Chrysler (FCA) for many future technologies is simply “not at the state of the art”, it says in a 40-page executive presentation in November, which is available to the Handelsblatt. Neither the alternative drives and… Continue reading Auto industry: Fiat Chrysler and PSA want to seal their merger – experts fear wave of layoffs
After 50 Years, This Would-Be ‘Ferrari Killer’ Is Back: Say Hello to the New ATS GT – Robb Report
True connoisseurs of automobiles take years or even decades to acquire their level of discernment, appreciate proper historical content and context, and use these factors as guides for what to purchase. Then they often keep their cars for a good portion of their lives. Their knowledge of a particular marque’s story, its place in the… Continue reading After 50 Years, This Would-Be ‘Ferrari Killer’ Is Back: Say Hello to the New ATS GT – Robb Report