Tag: PSA Group

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, Regulations

Coronavirus prompts automakers to evacuate workers, weigh production delays at Chinese factories

January 27, 2020


Automakers are withdrawing employees from China and weighing whether to suspend manufacturing in the country as the virus that emerged in the city of Wuhan less than a month ago ravages the mainland. Most major automakers have restricted or banned […]

Industry Focus Areas, Motorized Vehicle

FCA, PSA work to avoid antitrust problems in merger

November 27, 2019

Via: Automotive News

TURIN — PSA Group and Fiat Chrysler Automobiles will continue to operate as competitors until their planned $50 billion merger gets approval by the various antitrust authorities around the world, a process that could take more than a year. Nine […]

Logistics, Process

PSA revenue up 1% in Q3 despite gloomy auto market

October 23, 2019

Via: Automotive News

PARIS — PSA Group reported a rise in third-quarter revenue on strong demand for its pricier utility vehicles, but the automaker said overall vehicle sales fell, and it lowered outlook for major auto markets. Revenue for the July to September […]