The French house, which will marry FCA in the first quarter of 2021, closes the first half with a declining but firmly positive net profit - Tavares: "Everything is proceeding according to schedule with FCA" - Open dialogue with…
New yes to the FCA-PSA wedding: after the French assembly, today from Amsterdam it was the FCA members who gave the go-ahead - Elkann: "We will reach the goal by the first quarter of 2021" - Manley explains the possible synergies.
FCA on the shields in Piazza Affari driven by the rally in the European auto sector - On Friday the company communicated the postponement of the meeting and the consequent postponement of the resolution on the 1,1 billion coupon
The health crisis and the consequent collapse of shares on the Stock Exchange could force a review of the financial bases and coupons of the merger between the two automotive groups. Meanwhile, Mitsubishi enters Renault
The two partners sign a collaboration agreement to facilitate the spread of zero-emission mobility through 100% electric models - New solutions for recharging in the home and public
On the Stock Exchange, the Bull is already on vacation, but since the beginning of the year, Piazza Affari has gained 29%, its best result for 21 years - Brexit: today the Queen speaks - The ECB reviews the monetary policy rules - FCA towards…
Day on the rise for Exor on the wave of the FCA-PSA marriage, despite the weakness of the Stock Exchanges - Poste and Eni also do well - Sales on high tech and financial companies.
Today last meeting of the Peugeot Supervisory Board for the green light to marry with FCA - From Asia and Europe to Piazza Affari, the stock exchanges collect record after record, putting pressure on bonds
Great maneuvers between PSA and FCA in view of the wedding of the car - Berlusconi and Bolloré cannot agree - Financial week with the spotlight on central banks
The 2015 record is about to be surpassed, but the merger trend won't stop soon: in addition to the FCA-Peugeot wedding, there are also the weddings of the LVMH-Tiffany and Xerox-Hp couples on the table
FCA's second boom on the stock market after the announcement of the marriage with the French who are losing ground - Chinese industry starts running again - Oil falls
Another record session for FCA after the wedding with PSA: +8,2% - Rain of sales instead on the Peugeot share: -12,8% - Exor, A2A and Atlantia also do well in Piazza Affari - Tenaris sells after the accounts quarterly under…
The Fed cuts American interest rates by 0,25% and Trump is furious with Powell - Stock market in ecstasy over the car marriage between FCA and Peugeot - Banks and Pirelli are suffering in Piazza Affari.
Lightning marriage between the two car manufacturers from which the fourth global group will be born, which will have its headquarters in Amsterdam - The merger will be by card against card - The official announcement is expected today - Tavares CEO and John Elkann president…
PSA's extraordinary board today to evaluate the merger with FCA: if the two car manufacturers find an agreement, the fourth world group will be born with a turnover of 180 billion - Tomorrow the FCA board that sparks on the stock market -…
"With Renault there may be overlaps in compact cars, but FCA offers the French the added value of the premium," said the general secretary of Fim Cisl in an interview with Il Giornale.
In an interview with Les Echos, Robert Peugeot, representative of the family of the founder of the car manufacturer, does not rule out alliances with FCA, even if he warns that "we have to wait for the planets to align" - Meanwhile the stock exchanges, waiting for the Fed, are …
The French group closed 2018 with revenues at an all-time high of over 74 billion and a net profit up almost 50% - The performance was driven by the European market and the results of the German brand Opel…
According to Brussels, the operation does not involve competition problems - The EU executive announces that the transaction includes the acquisition of assets and stakes related to Opel
The German group closes the January-March period with net profits of 2,7 billion euros - PSA closes the first quarter of the year with revenues up 4,9%, to 13,6 billion euros
The forthcoming rise in US interest rates and the collapse of Deutsche Bank hit bank stocks and weigh on the markets, which instead promoted the acquisition of Opel by Peugeot - Poste Italiane celebrates the super coupon - Today…
All the details of the transition of Opel and Vauxhall from General Motors to Peugeot which will create the second largest vehicle manufacturer in Europe - the total value of the operation is 2,2 billion including GM Financial. Barra (Gm): "Difficult decision,…
Today the markets vote for the 8 billion capital increase of Deutsche Bank and the acquisition of Opel by Peugeot - For now, Korean missiles do not scare the Asian stock exchanges - Piazza Affari tries to reply…
With the purchase of Opel and Vauxhall from GM, an operation worth 1,3 billion euros, the French of Peugeot create the second European automotive group - It is the most important intra-European acquisition in the sector since BMW-Rover in 1994 - Fra some…
PSA number one, Carlos Tavares, wants to ask Merkel for a quick meeting to explain that Peugeot is aiming for "an alliance" with Opel - The problem is political: Berlin cannot allow places to be jeopardized…
There is still tussle within the Democratic Party after yesterday's leadership, but today there is also news from the automotive market with the Peugeot-Opel affair and from Ilva, with the Milan judge rejecting the settlements by the Riva family.
FCA takes off from Piazza Affari in the wake of the close agreement between General Motors and PSA. In Milan, the first half of the day was marked by new increases for Banco Bpm, Ubi Banca and Bper Banca, with eyes also on Generali. In…
PSA is 'considering acquiring Opel', spokesman said - Peugeot-Citroen shares take off on Paris Stock Exchange
Last month 172.241 cars were registered in Italy, with a variation of +27,29% compared to February 2015 - FCA saw registrations grow overall by 32,2%, with the Fiat brand at +33,77% - Volkswagen has passed the Dieselgate.
In addition to the difficulties of the negotiations on Greece, the markets remain uneasy due to the uncertainty about the rise in American rates - The euro weakens against the dollar - FCA is now looking at Peugeot but Bernstein does not rule out the takeover bid on GM - Reversal in…
The indiscretion, currently denied, comes from the Financial Times: Peugeot Citroen and Fiat-Chrysler are allegedly evaluating a merger hypothesis that would lead to the creation of the world's fifth largest car manufacturer with a production capacity of eight million vehicles a year.
The French group closed the first quarter of the year with a 1,9% increase in sales - Sales increased by 7,7% thanks to Europe and China - Today the group's board of directors deliberates on the capital increase from 3 billions of…
The French automaker presented the new recovery plan to return to profits after years of crisis - The cards to play are the repositioning of the brands, internationalization (with more than one eye on China) and the optimization of…
France's first car manufacturer opens a new era in its two-hundred-year history, with the entry into the capital of the French state and the Chinese group Dongfeng.
The entry into the capital of the Peugeot-Citroen group by the Chinese giant Dongfeng and the French state does not stem the layoffs that have been taking place since October - The heaviest bill is for French workers: 17% of them will go to…
PSA Peugeot-Citroen supervisory board approved preliminary terms of the deal - The Peugeot family is expected to contribute between 80 and 120 million euros to avoid excessive dilution of its stake - Dongfeng and…
Peugeot collapses on the Paris Stock Exchange recording -11,15% - The announcement of the exit from the capital by General Motor, which holds a 7% stake, destabilizes the group.
"Our stake was intended to support PSA in its efforts to raise capital at the time the GM-PSA alliance was created, and that support is no longer needed," said GM vice chairman Steve Girsky.
Psa Peugeot Citroen estimates a devaluation of the order of 1,1 billion in the 2013 accounts due to the crisis in the car market - The group is evaluating new industrial and commercial development projects with various partners, including the Chinese Dong Feng…
The alliance between the French and General Motors was signed in 2012 to reduce costs in Europe - The savings in the medium term should have been 2 billion dollars, but Peugeot lowers the estimates and wants to change…
The Chinese of Dongfeng and the French state would be ready to enter the car manufacturer with an equal share of 25-30% of the capital, for a value of 1,5 billion euros each - The stock on the stock market loses more than…
The Asian company would be ready to pay 10 billion yuan (1,2 billion euros) - The two companies already have three production plants in joint venture and last month they announced talks for a possible expansion of the cooperation.
According to a dossier cited by Les Echos, the French group, which has been in crisis for some time, has already alerted two international banks about an alliance with Dongfeng, its historic partner in China - The entry of the Chinese as the second shareholder of…
The French car manufacturer issues a bond in euros, with a benchmark cut, with a duration of 5 and a half years - The placement operation, which began this morning, is managed by a pool of banks that includes Bnp Paribas, HSBC and Société Générale -…
Group president Philippe Varin to propose wage freeze and reorganization of working week as part of negotiations for new employment contract - Sales drop by 7 percent in Europe, but first beneficial results are coming…
According to the press, the family that controls Peugeot would have given the go-ahead for the merger with General Motors/Opel - While, according to other rumors, the Chinese partner of the French group, Dongfeng Motor, would have refused a similar offer
According to the Tribune website, the French automaker is considering the capital strengthening maneuver after having burned cash for 2,5 billion euros in 2012.
The French automaker posted record-breaking losses last year, with a €5 billion loss, the worst result in its history.
The French automaker reported a 16,5% drop in car deliveries after losing market share in Europe and pulling out of Iran - In 2012 its market share dropped to 12,7 from 13,2 %.
The reduction in labor costs restores competitiveness to Spain even if with enormous social costs and the car relaunches production: Renault restarts in Palencia, Peugeot focuses on Vigo, Ford grows in Valencia - A sharp comment from the "Corriere della…
To prevent the historic automotive group (which also includes Citroen) from closing its doors, the French state has decided to intervene with economic aid - The idea is to preserve social peace and jobs and…
Accounts "execrable", as Figaro himself mercilessly defined them, for the French car manufacturer, in serious crisis: 819 million euros of loss in the first six months of 2012, -10,5% in car sales.
"We do not accept in its current form the plan announced by the automotive group during a meeting with the unions", said the Minister of Productive Development, Arnaud Montebourg - The transalpine government has now appointed an expert…
In 2014, the historic plant in Aulnay-sous-bois, on the outskirts of Paris, where the Citroën C3 is produced will close - Furthermore, for this year, the PSA experts estimate a decline of between 8 and 10%.
At the Beijing Autoshow, the French carmaker announced that it wants to produce cars in India thanks to the use of the plants of its new strategic partner General Motors - This way it would avoid investments of over 600 million euros in its own…
The French automotive group loses 6% on the Paris Stock Exchange after the announcement of the procedures for the capital increase which will allow General Motors to acquire 7%.
After the rumors, the official: the American car manufacturer, world leader in the sector, joins PSA with a 7% stake and becomes the second largest shareholder after the Peugeot family - The French are in the midst of a crisis: in 2011 profit -48% …
According to the financial newspaper Les Echos, negotiations are underway for the sale of 5% of Peugeot Citroen to the American General Motors - The revelations gave wings to the PSA share which in the first trading on the Paris stock exchange was gaining…
The French house would aim for an agreement that goes beyond a partnership on production but not for a merger of the two companies.
2011 was a black year for the Psa Peugeot Citroen group, which sees its profit halved and the car division with accounts increasingly in the red, with a deficit of 92 million. A European automotive market always…
The investment bank promotes the Lingotto in the basket of shares to buy, with a 12-month target of up to 8,4 euros - The comment comes after Sergio Marchionne's presentation of the group to the Bank…
The French group is in serious trouble and its crisis has been worsening in recent months - Peugeot-Citroen's biggest problem is the excessive commercial and production dependence on Europe - Here are the advantages that would derive from joining the tandem…
The managing director of the Lingotto has denied the rumors about a possible agreement between the two groups: "It's pure speculation"
The auto division of the French group will record a significant loss in the second half of the year. This was announced by the president himself, Philippe Varin
The CEO of the Peugeot Citroen group responds to the accusations of the transalpine press that identify his company as one of the culprits of the French industrial crisis. "We are actually hiring staff and we manufacture 85% of the engines in France"
After decades of leadership on the French (as well as Italian and European) scooter market, the Pontedera-based company finds a dangerous challenger: it is Peugeot, which in 2012 launched the new 3-wheeled jewel. However, Piaggio will respond with the new…