For the fourth quarter of 2020, Stellantis has managed make a profit despite falling sales.
Stellantis shares rise 8% on their European market debut.
PSA’s worldwide sales slumped 27.8% in 2020.
The Peugeot family has raised its stake in Groupe PSA by 2%
Groupe PSA to complete electric offering of all vans by end of 2021.
PSA values their Peugeot brand enough to begin a restoration program, but what about Citroën?
Standard & Poor’s delivered a downgrade to Groupe PSA.
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 …
What transpired behind the scenes to make the FCA and PSA merger a reality.
PSA’s effort to maintain a DS presence and development in China may have consequences for Citroën