Industry Focus Areas, Motorized Vehicle
February 25, 2020
Via: Automotive NewsPARIS — Renault and PSA Group have extended the suspension of their industrial activities in China into March because of the effects of the coronavirus outbreak. The two automakers have production hubs in the city of Wuhan and Hubei province, […]
Industry Focus Areas, Motorized Vehicle
December 16, 2019
Via: Automotive NewsPARIS/MILAN — PSA Group has secured the backing of one of its major shareholders, the French government, for its plan to merge with Fiat Chrysler Automobiles NV, people familiar with the matter told Bloomberg. The French state, which holds roughly […]
Industry Focus Areas, Motorized Vehicle
November 27, 2019
Via: Automotive NewsTURIN — 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 […]
Industry Focus Areas, Motorized Vehicle
November 19, 2019
Via: Automotive NewsPARIS — 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 […]
October 23, 2019
Via: Automotive NewsPARIS — 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 […]
Industry Focus Areas, Motorized Vehicle
August 12, 2019
Via: Automotive NewsBEIJING/PARIS — PSA Group and partner Dongfeng Motor have agreed to cut thousands of jobs in China and drop two of their four shared assembly plants, according to a document seen by Reuters, in a last-ditch bid to curb mounting […]
July 9, 2024
June 25, 2024
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