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PSA and FCA Amend Merger Terms to Conserve Cash

PSA and FCA Amend Merger Terms to Conserve Cash

Groupe PSA and Fiat Chrysler Automobiles (FCA) have restructured the terms of their planned merger to conserve cash, and also stepped up the promised levels of cost cutting during the pandemic.The two companies, which are set to merge into Stellantis, the world's fourth-largest carmaker, said in a ...
Groupe PSA and FCA to be known as STELLANTIS

Groupe PSA and FCA to be known as STELLANTIS

It was announced today the name of the new group resulting from the merger of Groupe PSA and FCA (Fiat Chrysler Automobiles) will be known as STELLANTIS.This further buries the Citroën brand in the quagmire of companies that have been assimilated under PSA or, like the DS brand, created to target ...
PSA Seeks to “Pick-up the Tempo” on FCA Merger

PSA Seeks to “Pick-up the Tempo” on FCA Merger

The teams working on the merger of Groupe PSA and Fiat Chrysler Automobiles (FCA) are “picking up the tempo” to finalize the merger, PSA CEO Carlos Tavares stated yesterday.The merger was announced at the end of October and originally scheduled to be finalized in early 2021 at the latest, in or ...
Michelin and Faurecia to Invest 140 Million Euros in Symbio Hydrogen Mobility Joint Venture

Michelin and Faurecia to Invest 140 Million Euros in Symbio Hydrogen Mobility Joint Venture

When Michelin took over the bankrupt Citroën company in 1935, they believed the effort the company had put into engineering the Traction Avant poised it for a profitable future.They were correct, by 1937 Citroën had ramped up production and was making money.These days, Michelin is intrigued by th ...
Citroëns a salué à Columbus

Citroëns a salué à Columbus

In Columbus IN, in the Fall of each year, the city sets aside a weekend for Ethnic Expo, founded in 1984 as a celebration of their varied ethnic heritage as well as their current cosmopolitan population.Here are some photos Citroënvie member Rod Radovanovic sent us of the event:The 2018 date for E ...

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