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Fiat Chrysler and PSA Group sign binding merger agreement to form $67 billion company
News
18th Dec 2019
3 min read

Fiat Chrysler and PSA Group sign binding merger agreement to form $67 billion company

Fiat Chrysler (FCA) and the PSA Group have signed a definitive merger agreement. The two companies say they will, in time, generate two-thirds of its sales from just two platforms: one for compact cars, and one for compact and mid-size models. Each platform is expected to generate around three million sales per year globally.
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Derek Fung
All PSA, FCA brands to survive merger – PSA CEO
News
11th Nov 2019
3 min read

All PSA, FCA brands to survive merger – PSA CEO

General Motors has seven car brands. Volkswagen Group has ten. With the planned merger of Fiat Chrysler Automobiles and Groupe PSA, the two companies will have them beat with a combined stable of thirteen brands. And according to PSA CEO Carlos Tavares, there are no plans to get rid of any of them.
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William Stopford
Groupe PSA and FCA merger plan detailed
News
31st Oct 2019
3 min read

Groupe PSA and FCA merger plan detailed

An advanced plan hatched between Groupe PSA (owner of the Peugeot, Citroen and Opel brands) and Fiat Chrysler Automobiles (FCA) to join forces would create the world's fourth largest global automotive OEM by scale. The proposed super-merger between the keen French and Italian-American giants, with a combined 410,000 direct employees, would create a new group half-owned by each party with equal board representation.
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Mike Costello
World first: Peugeot and Citroen unveil joint dealerships in Australia
News
11th Jul 2019
2 min read

World first: Peugeot and Citroen unveil joint dealerships in Australia

French automotive brands Peugeot and Citroen are making their most concerted effort yet to get a foothold in the highly competitive Australian market by joining forces and combining their dealerships. In what is claimed to be a world first, both brands will sell side-by-side and under one roof, after decades of being kept separate. In other countries, the Peugeot-Citroen group sells its sibling brands at different dealerships to avoid one stealing sales from the other.
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Joshua Dowling