Stellantis to give its 14 car brands 10 years of funds Stellantis chief executive Carlos Tavares said that each of the automaker's 14 car brands will receive funding over the next 10 years to prove themselves. Business • 14 May 21
Stellantis to distribute Faurecia stake to shareholders Stellantis has announced the distribution of the stake it still holds in auto parts maker Faurecia to its shareholders. Business • 05 Mar 21
PSA, Fiat Chrysler in the black despite fall in sales Low global car inventories and cost cuts should boost Stellantis profit margins this year, though a shortage of semiconductors and investments in electric vehicles could … Business • 03 Mar 21
Decision on UK Vauxhall car plant's future due Workers at the Vauxhall car plant in England are set to discover if it has a future today as its owners weigh up Brexit and … Business • 25 Feb 21
Stellantis shares rise on debut in Milan and Paris Fiat Chrysler and PSA sealed their long-awaited merger over the weekend to create Stellantis, the world's fourth-largest auto group with deep enough pockets to fund … Business • 18 Jan 21
PSA posts 27.8% drop in 2020 sales due to Covid crisis French carmaker PSA said today that its worldwide sales slumped 27.8% in 2020 in a global automotive market hammered by the Covid-19 pandemic. Business • 14 Jan 21
EU competition regulators clear Fiat-PSA merger EU competition regulators have today approved - with conditions - the $38 billion merger of Fiat Chrysler and French peer PSA to create the world's … Business • 21 Dec 20
Fiat Chrysler, PSA amend merger terms to conserve cash Peugeot maker PSA and Fiat Chrysler (FCA) have restructured the terms of their planned merger to conserve cash, and also stepped up the promised levels … Business • 15 Sep 20
EU probe into Fiat, Peugoet deal delayed EU competition regulators have suspended their investigation into Fiat Chrysler and Peugeot maker PSA's proposed merger while waiting for the carmakers to provide requested data. Business • 22 Jul 20
EU has concerns about Fiat, PSA deal - sources Fiat Chrysler's planned $50 billion merger with Peugeot maker PSA has hit a bump after EU regulators voiced concerns about the companies' market share in … Business • 08 Jun 20
Fiat Chrysler, Peugeot to withhold 2019 dividend payout Shares of Fiat Chrysler and Peugeot owner PSA were down today after the two carmakers said in a coordinated move that they would not pay … Business • 14 May 20
Peugeot maker PSA says prepared for fall in car demand PSA has enough funds to cope with a halving in car industry sales this year, the French carmaker said today as it warned of a … Business • 21 Apr 20
Fiat Chrysler, PSA agree $50 billion merger deal Fiat Chrysler and Peugeot maker PSA have today struck a binding deal to create the world's fourth biggest carmaker. Business • 18 Dec 19
PSA trade unions give the nod to merger with Fiat The majority of unions representing workers at Peugeot maker PSA are in favour of a planned $50 billion merger with Fiat Chrysler, PSA executives and … Business • 19 Nov 19
Fiat Chrysler and Peugeot join forces Fiat Chrysler and Peugeot owner plan to join forces through a 50-50 share swap to create the world's fourth-largest automaker, they said today, triggering a … Business • 31 Oct 19
Fiat Chrysler in talks with France's PSA over tie-up Fiat Chrysler and Peugeot owner PSA are in talks over a potential tie-up that could create a $50 billion giant better placed to tackle a … Business • 30 Oct 19
PSA Group sales hit record on Opel purchase PSA Group said today that its global sales rose 6.8% to a record 3.88 million cars and vans. Business • 15 Jan 19
PSA nears deal to buy Opel from GM - sources PSA Group and General Motors hope to announce the French carmaker's acquisition of Opel within days after narrowing differences on pension liabilities at GM's European … Business • 03 Mar 17
French carmaker PSA discusses deal for GM's Opel PSA Group is holding talks with General Motors about buying its European Opel division, the French carmaker said today. Business • 14 Feb 17
