Fiat Undervalued Chrysler by $5.6 billion, Italian Government Claims
Fiat Chrysler Automobiles disagrees with Italian tax authorities’ claim that it had underestimated its acquisition of Chrysler.
Fiat Chrysler Automobiles disagrees with Italian tax authorities’ claim that it had underestimated its acquisition of Chrysler.
Carlos Tavares says that Citroën will remain a brand within PSA/FCA – for now.
This video shows a visual history of the development of hydropneumatic suspension in various Citroën models.
It would appear that the direction we predicted for Citroën on March 17 has become a reality with yesterday’s acknowledgement by CEO Linda Jackson, that Citroën will launch sales in India no later than the end of 2021.
As with any corporation these days, the present and the future is all about the bottom line, and with these sales results, it is clear that the ‘Push to Pass’ initiative Carlos Tavares has instilled within PSA is working.
The fact that PSA has announced their return to North America touting Peugeot as the brand they will offer here, states what their market intention is world-wide for brand recognition.
Larry Dominique, CEO of PSA Group North America, told reporters after an Automotive Press Association meeting in Detroit, that he has narrowed 15 states and 4 Canadian provinces as top picks and possible points of entry for sales as PSA Group continues to ramp up plans to return to North …
PSA Peugeot Citroën’s DS brand plans to phase out gasoline and diesel powertrains altogether within the next few years. “Starting in 2025, each new DS will be launched exclusively with electrified powertrains,” CEO Yves Bonnefont said in a statement. This move follows Volvo, which announced last year that every new …
Editorial: We are dumbfounded by PSA’s recent announcements of their return to the USA. The most recent stating that they are locating their head office in Atlanta, emulating the decision of Mercedes Benz (PSA’s aspiring target?) to locate there. Mercedes however had reason because of their manufacturing plant in the …
At the North American International Auto Show in Detroit, PSA CEO Carlos Tavares announced that the company has “people working on cars now” for the U.S. market. Tavares went on to say that as part of PSA Group’s return to North America it is asking some Opel engineers based in …
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