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PSA and FCA merger completed
- 18/01/2021
- Posted by: Alan Feldberg
- Category: News
The $52bn merger between Groupe PSA and Fiat Chrysler Automobiles was completed during the weekend. The new company, Stellantis, becomes the fourth largest car manufacturer in the world with an annual output of eight million vehicles, behind on Toyota, Volkswagen Group and Renault-Nissan. Under CEO Carlos [...] -
Shareholders agree FCA/PSA merger
- 05/01/2021
- Posted by: Alan Feldberg
- Category: News
The proposed merger of FCA and Groupe PSA has been overwhelmingly approved by shareholders. More than 99% of shareholders voted in favour of forming a new single company which will be called Stellantis. It will combine 14 brands with an annual global production of about eight million vehicles and revenues in [...] -
Merger seeks shareholder approval
- 04/01/2021
- Posted by: Alan Feldberg
- Category: News
Fiat Chrysler and the PSA Group are seeking shareholder approval today for their proposed merger. Approval would create the world’s fourth largest car manufacturer. The new company, which would bring together 14 brands including Peugeot, Citroen and Vauxhall from PSA Group and Fiat, Jeep and Chrysler, will be [...]