- Fiat Chrysler and Peugeot maker PSA on Wednesday reached a binding agreement for their roughly $50 billion merger, as the auto industry scrambles to develop zero-emissions vehicles and tackle slowing demand.
June 2018 - Ford and Volkswagen unveil an alliance in commercial vehicles, though they say they have no plans for an equity swap or cross-ownership structure. August 1, 2017 - General Motors sells European brands Opel and Vauxhall to PSA for 2.2 billion euros.
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Fiat Chrysler Agrees Binding Merger With Peugeot Maker to Create $50 Billion Auto GiantPeugeot maker PSA and rival Fiat Chrysler Automobiles have agreed a binding merger terms that include sweeteners to make the trans-Atlantic tie-up more attractive to U.S. regulators and PSA shareholders. I like Peugeot Bicycles I had one in Paris ... pretty durable
Source: WSJ - 🏆 98. / 63 Read more »
Fiat Chrysler and Peugeot sign deal for 50-50 mergerMILAN (AP) — Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto... Hopefully they go down in flames Mechanics across the globe rejoice.
Source: AP - 🏆 728. / 51 Read more »
Fiat Chrysler, Peugeot owner PSA agree binding merger dealFiat Chrysler and Peugeot maker PSA said on Wednesday they had agreed on a bindi... Money Moves ... Don't Quote Me. That's the end of Chrysler.
Source: Reuters - 🏆 2. / 97 Read more »
Fiat Chrysler, Peugeot owner agree binding $50 billion merger dealFiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry. More here: Fiat will destroy PSA, mark my words. So PSA cars will have Fiat quality or Fiat Cars will have PSA quality? Not again... last mergers passed & we still on fossil fuel. More lay offs fatter pay check for CEOs.
Source: Reuters - 🏆 2. / 97 Read more »