Stellantis shares rise 8% on their European market debut.
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.
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 …
Groupe PSA CEO Carlos Tavares wants to finalize the merger with Fiat Chrysler Automobiles ASAP.
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 …
Groupe PSA’s net profit increased but cautions that coronavirus may have an impact.
What transpired behind the scenes to make the FCA and PSA merger a reality.
Will the merger of FCA and PSA yield brand diversity that will be fateful for Citroën? Read our opinion.
Fiat Chrysler and PSA announced today that they have agreed to merge. What happens to Citroën?