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Chrysler gets stay of execution under Stellantis
News
12th Feb 2021
1 min read

Chrysler gets stay of execution under Stellantis

Chrysler is a "pillar" of the automotive industry and will continue to build cars, according to Stellantis CEO Carlos Tavares. The brand faced an uncertain future following last year’s high profile FCA and PSA merger – named Stellantis – due to its narrow line-up and dwindling sales.
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William Davis
Peugeot Group is technically buying out Fiat-Chrysler, according to Stellantis agreement fine print
News
4th Dec 2020
1 min read

Peugeot Group is technically buying out Fiat-Chrysler, according to Stellantis agreement fine print

Peugeot Group is technically buying out the Fiat-Chrysler Group – not merging with it, as was previously reported – according to fine print analysis of the Stellantis agreement. Stellantis is the name given to the new company which comprises all Peugeot Group (PSA) and Fiat-Chrysler Group (FCA) brands. The contract shows that, for accounting purposes at least, the identification of an "acquirer and acquiree" was necessary in the arrangement.
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William Davis
Fiat-Chrysler offices raided, EU delays antitrust ruling – report
News
23rd Jul 2020
2 min read

Fiat-Chrysler offices raided, EU delays antitrust ruling – report

Offices belonging to Fiat-Chrysler (FCA) have been searched by authorities in Germany, Italy, and Switzerland, in relation to an emissions probe by Germany authorities. According to a report by news outlet Reuters, the raids were initiated by German prosecutors looking into potentially illegal engine management software used by Fiat, Alfa Romeo, and Jeep models. The software is suspected of defeating emissions detection devices.
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Ben Zachariah
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