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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
Peugeot to introduce Expert EV
News
22nd Oct 2019
2 min read

Peugeot to introduce Expert EV

PSA Group will introduce a battery-electric version of its mid-sized cargo vans, the Peugeot Expert, Citroen Jumpy and Opel/Vauxhall Vivaro. Automotive News reports the vans, which use PSA’s EMP2 platform, will be available with two different levels of electric range. Base models will have a 50kWh battery with a range of 200km under WLTP standards. An available 75kWh battery will have a range of 300km.
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William Stopford
Tata denies Jaguar Land Rover sale is close to completion
News
11th May 2019
1 min read

Tata denies Jaguar Land Rover sale is close to completion

The Press Association claims it has seen a "post-sale integration document" that's making its way around Jaguar Land Rover. The document reportedly talks about cost savings which will be achieved after the British automaker is sold to the PSA Group, which currently operates the Peugeot, Citroen, DS, Opel and Vauxhall marques. One source told the Press Association "things are moving quickly behind closed doors".
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Derek Fung
Fiat Chrysler turned down Peugeot's merger offer - report
News
24th Mar 2019
2 min read

Fiat Chrysler turned down Peugeot's merger offer - report

The PSA Group reportedly approached Fiat Chrysler (FCA) about a merger as early as this year's Detroit motor show in January, only to be rebuffed by the American-Italian company. Sources have told The Wall Street Journal the offer was rejected by FCA, and talks about a possible combination have not recommenced. According to the paper's sources, senior executives at FCA kiboshed the proposal as it would it lead to the automaker being even more reliant on the European market.
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Derek Fung