PSA reports 27.8% drop in 2020 sales due to COVID-19 crisis
PSA’s worldwide sales slumped 27.8% in 2020.
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.
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.
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.
PSA Group Announces Atlanta as US Headquarters
PSA Group announced on Tuesday that it has chosen Atlanta, Georgia for its U.S. headquarters. The site will be opened in February and initially house a core team focused on steering the execution of the automaker’s U.S. strategy. “We looked at every aspect of the Atlanta community and found it …
PSA Sees Profits Almost Double
PSA Group (Peugeot and Citroën) has reported a 92% increase in profit last year to 1.73bn euros, this as it considers buying General Motors’ Opel and Vauxhall brands. PSA’s possible purchase of GM’s European brands has raised fears of job losses at Vauxhall in the UK. On Wednesday, PSA said …