Stellantis to Buy Back Shares Worth $920 Million from General Motors
GM was issued these warrants by Peugeot SA in 2017 as part of the sale of its Opel-Vauxhall business.
Stellantis Initial Shares Rise in European Debut
Stellantis shares rise 8% on their European market debut.
Stelllantis Approved by PSA and FCA Shareholders
A momentous day for Stellaantis and Carlos Tavares, its CEO, January 4, 2021 may also prove to be the day that casts the future for Citroën.
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 …
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.
Covid-19 Pandemic Casts Doubt Over Fiat Chrysler’s pending merger with PSA Group
Giving an indication of just how dire Fiat Chrysler Automobile’s situation is, and that PSA is in control of merger discussions, John Elkann, Chairman of the Italian-American automaker announced in a letter to employees on March 31, that he and members of the company’s board of directors were giving up …
Profits Surge at PSA Ahead of Fiat Chrysler Merger
Groupe PSA’s net profit increased but cautions that coronavirus may have an impact.
A Look at How the FCA and PSA Merger Came to Be
What transpired behind the scenes to make the FCA and PSA merger a reality.
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.
Fiat Chrysler, PSA to create fourth-biggest carmaker
Fiat Chrysler and PSA announced today that they have agreed to merge. What happens to Citroën?