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A Look at How the FCA and PSA Merger Came to Be

A Look at How the FCA and PSA Merger Came to Be

The Fiat Chrysler Automobiles (FCA) and Groupe PSA merger in the latter part of 2019 came about as a means to give both FCA and PSA better chances of survival.As we enter into 2020 and what will be a formulative couple of years, as the new FCA/PSA entity tries to prove the deal beneficial to both co ...
With FCA and PSA merged, what will Citroën’s future be?

With FCA and PSA merged, what will Citroën’s future be?

The joining of Fiat Chrysler Automobiles and Groupe PSA at the end of 2019 created the world's fourth-largest automobile manufacturer by volume and third-largest by revenue with annual sales of 8.7 million units and combined revenues of nearly $190 billion euros to produce a projected recurring ope ...
PSA Group Announces Atlanta as US Headquarters

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 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 it ...
PSA strikes deal with SAIPA to build Citroëns in Iran

PSA strikes deal with SAIPA to build Citroëns in Iran

During the course of the summer PSA Group signed a framework deal with Iranian counterpart SAIPA to produce and sell vehicles for its Citroën brand in the country. Under the agreement, to be finalized by the end of 2016, Citroën and its Iranian partner will invest 300 million euros over five years ...

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