Stellantis shares rise 8% on their European market debut.
PSA’s worldwide sales slumped 27.8% in 2020.
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.
The Peugeot family has raised its stake in Groupe PSA by 2%
Groupe PSA to complete electric offering of all vans by end of 2021.
Groupe PSA and Fiat Chrysler Automobiles have unveiled the logo of their merged 50/50 venture they have officially named Stellantis.
PSA values their Peugeot brand enough to begin a restoration program, but what about Citroën?
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 …