Stellantis Initial Shares Rise in European Debut
Stellantis shares rise 8% on their European market debut.
PSA reports 27.8% drop in 2020 sales due to COVID-19 crisis
PSA’s worldwide sales slumped 27.8% in 2020.
FCA CEO Mike Manley to lead Americas operations for Stellantis – but where?
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.
Peugeot family raises stake in Groupe PSA to 14.38%
The Peugeot family has raised its stake in Groupe PSA by 2%
PSA to Offer Electric Versions of All Vans by End of 2021
Groupe PSA to complete electric offering of all vans by end of 2021.
Stellantis Logo Unveiled
Groupe PSA and Fiat Chrysler Automobiles have unveiled the logo of their merged 50/50 venture they have officially named Stellantis.
Not Feeling the Love From Groupe PSA
PSA values their Peugeot brand enough to begin a restoration program, but what about Citroën?
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 joint statement …
Groupe PSA and FCA to be known as STELLANTIS
Will Citroën survive in the new PSA and FCA merger – now to be known as STELLANTIS?
Disappointment if You Own PSA Stock
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 …