Tag: PSA

Chrysler Dealers Hopeful That Stellantis Can Save The Brand

Chrysler dealers are hopeful that the merger between Fiat Chrysler Automobiles and the PSA Group will secure the long-term future of the brand. Chrysler only currently sells the 300 sedan and the Pacifica and Voyager minivans but, according to chairman of the Stellantis National Dealer Council, David Kelleher, Stellantis can fortify Chrysler with technologies from […]

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FCA And PSA Merger Now Official, Stellantis To Start Trading On Stock Markets

As of this morning, January 16, the long-awaited Stellantis merger between Peugeot S.A. (PSA Group) and Fiat Chrysler Automobiles N.V. (FCA) is official, effective immediately. Stellantis’ common shares will begin trading on the Paris and Milan stock exchanges starting next Monday, January 18, and on the New York exchange on Tuesday, January 19. See: Italian Government […]

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PSA Shareholders Approve Merger With FCA As Peugeot Family And Dongfeng Give Blessings

The PSA Group’s top shareholders have given their approval for the carmaker’s merger with Fiat Chrysler Automobiles, thus forming Stellantis. The deal was backed by more than 99% of votes cast by investors with double voting rights, with the Peugeot family and China’s Dongfeng Motor both agreeing to terms. “We are ready for this merger,” […]

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Walter P. Chrysler’s Great-Grandson Proposes Changes To PSA Merger, Files Objection With U.S. Committee On Foreign Investment

The merger between Fiat Chrysler Automobiles and Groupe PSA cleared one of its final hurdles earlier this month, but the companies are now facing a last minute objection from Walter P. Chrysler’s great-grandson. As part of his alternative buyout proposal, Frank B. Rhodes Jr suggests the merged entity not adopt the widely mocked Stellantis name. […]

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European Commission Signs Off On Merger Of FCA And PSA

Fiat Chrysler Automobiles and Groupe PSA have received an early Christmas present as the European Commission has signed off on their merger. In an announcement, the Commission said the decision came after an “in-depth investigation” which saw them gather “extensive information and feedback from competitors and customers of the merging companies.” While the Commission had concerns […]

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New Car Registrations Down By 25.5% Year-to-Date In The EU

The impact of the COVID-19 pandemic continues to leave its mark on the automotive industry, as in the first 11 months of the year new passenger car registrations dropped by 25.5 percent in the European Union. Sales plummeted from almost 12 million to around 9 million from January to November compared to the same period […]

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