For the fourth quarter of 2020, Stellantis has managed make a profit despite falling sales.
Stellantis shares rise 8% on their European market debut.
Mike Manley’s role in Stellantis poses an interesting question about Carlos Tavares’ action appointing Larry Dominique, in April 2017, as senior vice president for PSA North America.
With Stellantis applying cost reductions in China, it remains to be seen if Citroën will stay as a brand there.
Groupe PSA and Fiat Chrysler Automobiles have unveiled the logo of their merged 50/50 venture they have officially named Stellantis.
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 joint statement …
Will Citroën survive in the new PSA and FCA merger – now to be known as STELLANTIS?
Yesterday Groupe PSA announced that they will withhold their 2019 dividend payout. The moves comes after rumours last week that Fiat Chrysler Automobiles (FCA) would also be withholding dividend payments. A $1.19 billion ordinary dividend for both FCA and PSA was announced in December as part of the binding tie-up …
FCA Heritage to open Conservatorio in Turin Italy and unveils new website.
Groupe PSA CEO Carlos Tavares wants to finalize the merger with Fiat Chrysler Automobiles ASAP.