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EV Charger Maker Tritium Going Public in SPAC Merger Deal

May 26, 2021

Via: Transport Topics

Tritium, which makes fast chargers for electric vehicles, has reached an agreement to go public through a merger with blank-check company Decarbonization Plus Acquisition Corp. II. The deal with the special purpose acquisition company values Tritium at $1.2 billion, the […]


Industry Focus Areas, Motorized Vehicle

Fiat Chrysler CEO Mike Manley to Run Americas After PSA Merger

December 18, 2020

Via: Transport Topics

Fiat Chrysler CEO Mike Manley will run operations in the Americas when his company merges with France’s PSA Peugeot early next year. FCA Chairman John Elkann announced Manley’s new post Dec. 18 in a letter to employees. Manley’s role in […]


Industry Focus Areas, Motorized Vehicle

EV maker Fisker to go public via merger; company valued at $2.9B

July 13, 2020

Via: Automotive News

Electric vehicle maker Fisker Inc. plans to go public through a merger with a special purpose company backed by private equity firm Apollo Global Management Inc. at a $2.9 billion valuation, the companies said on Monday. Reuters reported last week […]


Industry Focus Areas, Motorized Vehicle

FCA’s Elkann says reasons for PSA merger are ‘stronger than ever’

May 20, 2020

Via: Automotive News

MILAN — The reasons for the merger of Fiat Chrysler Automobiles and PSA Group are “stronger than ever,” FCA Chairman John Elkann said, as the COVID-19 pandemic adds to the industry’s existing challenges. Addressing shareholders of Exor, the Agnelli family’s […]


Industry Focus Areas, Motorized Vehicle

PSA unions give the nod to merger with FCA

November 19, 2019

Via: Automotive News

PARIS — The majority of unions representing workers at Peugeot maker PSA are in favor of a planned $50 billion merger with Fiat Chrysler, PSA executives and union representatives said. However, the unions said that once the merger deal was […]


Industry Focus Areas, Workforce Development

DuPont to cut 1,700 Delaware-based jobs ahead of Dow merger

December 30, 2015

Via: Automotive News

DuPont Co. said it will cut about 28 percent of its workforce in its home state of Delaware in early 2016 as the chemical company proceeds with a merger with Michigan’s Dow Chemical Co. “The effect in Delaware will be […]