Standard & Poor’s Downgrades PSA and Renault Bonds
Standard & Poor’s delivered a downgrade to Groupe PSA.
PSA Seeks to “Pick-up the Tempo” on FCA Merger
Groupe PSA CEO Carlos Tavares wants to finalize the merger with Fiat Chrysler Automobiles ASAP.
PSA Secures Additional $3.3 Billion in Loans to Cope with Covid-19 Pandemic
Groupe PSA has secured a further 3 billion euros ($3.3 billion) of loans to cope with the Covid-19 crisis.
Profits Surge at PSA Ahead of Fiat Chrysler Merger
Groupe PSA’s net profit increased but cautions that coronavirus may have an impact.
PSA Invests In Two New EV Battery Cell Plants
Citroën to benefit from PSA investment into two EV battery cell plants to be built in Europe.
China’s Changan Automobile Bails on PSA Due to Poor DS Sales
China’s Chongqing Changan Automobile has agreed to sell its $234.22 million US stake in its joint venture with Groupe PSA to a subsidiary of Baoneng, the company said in a statement last week. A spokesman for PSA also confirmed last week that the company would sell its stake in CAPSA …
With FCA and PSA merged, what will Citroën’s future be?
Will the merger of FCA and PSA yield brand diversity that will be fateful for Citroën? Read our opinion.