The two companies, united in Stellantis since 2021, close the last financial year separately with better results for the French but which show a strong recovery of FCA in the fourth quarter of 2020.
The two houses, which will debut on the stock exchange on Monday 18 under the post-merger Stellantis brand, are going through a good moment: FCA stands out on the Ftse Mib while the French post a 2020 with a loss but with a clear relaunch in the second half.…
INTERVIEW WITH GIUSEPPE BERTA, Professor of Economic History at Bocconi - "The merger between FCA and PSA is a necessary operation, but let us not delude ourselves because Europe, with the partial exception of Germany, is destined to undergo the change more than…
The extraordinary shareholders' meetings of FCA and PSA approve the merger from which the fourth global car group will be born and the Stock Exchange applauds - The unknown factor of the elections in Georgia weighs on Wall Street, which begins the year in the red and shuts down…
From today's marriage between Fiat Chrysler and Peugeot, the fourth global car group will be born, which will be chaired by John Elkann: 167 billion in turnover and 410 employees - Meanwhile, the Asian stock exchanges and Bitcoin are flying
The go-ahead comes following the commitment of the two groups to preserve competition in the small commercial vehicle market
In exactly one month FCA will enter the orbit of Stellantis, the union with the French PSA. But this is not an acquisition: Carlos Tavares, a key figure in the operation which, from the failure of the FCA-Renault merger to the breakthrough with Peugeot, is preparing to enter the Olympus of…
Fiat Chrysler and Peugeot convene shareholders to give the green light to the wedding – EU Antitrust approval is still missing, but according to rumors it should arrive soon
The two car manufacturers will create Stellantis, the fourth largest group in the world by volume. The green light from the EU Antitrust is near: closing confirmed by March 2021.
Rain of sales on the stock markets: especially heavy Wall Street and the German stock market weighed down by the collapse of SAP (-20%) - The possible EU green light to the FCA-PSA wedding instead gives shine to Elkann's stock
FCA at the top of the Ftse Mib in the wake of rumors that define the green light of the EU Antitrust for the merger with PSA as "obvious" - The go-ahead could arrive by the end of the year - Weak European stock exchanges due to the increase in infections and…
FCA and USA have announced the composition of the board of the new company - Andrea Agnelli enters the board of directors - Ira of the unions for the choice of Fiona Clare Cicconi as employee representative - Fim Cisl: "No one has consulted us".…
The market likes the new merger agreement between FCA and PSA, which rewards Elkann's car manufacturer
To deal with the effects of the pandemic, the two car manufacturers update the terms of the merger and above all lower the extraordinary dividend which will be distributed in cash to the shareholders before the wedding
The main innovations of the new "star" that will be born from the FCA-PSA merger concern home working and shared platforms - Tavares' plans and the news in France
According to the EU Antitrust, the merger could reduce competition in the van sector - FCA and PSA confirm wedding and timing: "We will finalize within the 1st quarter of 2021, collaboration with the authorities"
Barring unforeseen events, Brussels will decide to extend the investigation into the wedding of the century. The expectation of a Phase 2 investigation already partially discounted by the market - Here is the scenario in which John Elkann will have to operate
Paolo Carmassi is the new managing director, Alessandro Nasi will hold the position of president
Spotlight on stocks of automotive companies. The loan to Fiat, the rain of billions from Macron, the expectation of the Nissan plan give wings to a sector hard hit by the crisis but which the States want to save - Here they are all…
After Covéa's turnaround and the failed sale of Partner Re, the Agnelli holding company falls on the stock market and raises its defences. The word now passes to the referees
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
A 70 cent dividend is on the way for FCA shareholders, while for PSA shareholders the coupon reaches 1,23 euros - The French group closes 2019 with better-than-expected numbers
After the green light of the two boards, FCA and Peugeot sign the Memorandum of understanding to give life to the fourth automotive group in the world, in which Elkann will be president and Tavares CEO: here are the terms of the agreement - Manley: "Here we are…
Yesterday evening the Boards of FCA and Peugeot approved the go-ahead for the merger agreement between the two automotive groups, from which the fourth global giant will be born - We are heading towards a hard Brexit - Today the debut of the last episode…
USA and China cancel duties and tone up international markets - In Italy, the government saves Banca Popolare di Bari, while FCA and Peugeot prepare for the wedding of the car
In a joint letter to their employees, FCA and PSA warn that the technical talks are proceeding well and that the merger agreement is already expected "in the coming weeks" - Conte calls for attention to the occupation of the Italian plants
The marriage between FCA and PSA can crown a flirtation between Fiat and France which began in the early twentieth century and which, not by chance, raises American ostracism - The whole story of Fiat in France since 1904…
The book by Marco Bentivogli and Diodato Pirone will be released in bookstores on 7 November. A field investigation that shatters many false myths and analyzes the Fiat case on the eve of the wedding with Peugeot and starting from the miracle of…
The marriage project with Peugeot sends the FCA stock skyrocketing but the slide of Pirelli and the fall of the ballast banks Piazza Affari
The indiscretion about the possible marriage between the two car manufacturers has sent the FCA title into orbit on Wall Street. Record increases also opening in Milan and Paris - The markets are waiting for the Fed cut and the start of the new…
For the first time in 10 years, the German company reports a loss in the quarter, affected by Il Dieselgate - Psa does better, with profits up 23,7%
The automaker that produces, among others, the Peugeot and Citroen brands suffers from the interruption of sales in Iran and commercial difficulties in China
In August, 903.143 new passenger cars were registered in the Old Continent, up 5,5% compared to the same month last year - In the same period, Fiat Chrysler achieved 9,8% year-on-year growth, to 52.662 units .
The market share of the new PSA group which includes Opel is around 17% in Europe, in second place behind Volkswagen
Registrations soar after the drop recorded in April - The Fiat brand marked a 10,8% increase in sales last month - Volkswagen +7% and Renault +6,46% - PSA boom: 23,1%.
The week of European stock markets opens with the results, but investor confidence is at its highest in ten years. The cold shower on Deutsche Bank has repercussions on the entire banking sector: Unicredit brakes but Carige rises. The…
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,…
Green light from the supervisory board of the French house: the official announcement should be made on Monday - General Motors, with 9,57 million vehicles sold in 2016, is the third largest car manufacturer in the world (after Toyota and Volkswagen): with the …
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…
PSA is 'considering acquiring Opel', spokesman said - Peugeot-Citroen shares take off on Paris Stock Exchange
"Considering the international scene, an alliance with PSA is not something to do", said the CEO of FCA, who also reiterated his support for Prime Minister Matteo Renzi - On driverless cars: "Within five years it will be".
This is supported by the Fitch rating agency: "We believe that FCA's ambitious growth strategy can induce the group's management and its main shareholders to consider a new global partner so that they can further grow and diversify".
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…
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 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%.
