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  Us regulators severely fined FCA,FCA willing to pay 800 million yuan in out-of-court settlement costs

  According to foreign media reports, FCA is willing to pay a total of $800m in out-of-court settlement over emissions fraud in FCA's RAM and JEEP diesel engines. FCA announced on January 10th that it had reached a settlement with the US Justice Department, California and the owners involved in vehicles with fraudulent software. FCA will update its emission control software and offer an extended warranty of up to 10 years or 120000 miles, as well as cash compensation, up to $3075 for eligible car owners. The owner or former owner of a used car will receive a compensation of $990.

  Beijing 2019 implementation 2019-05-08
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  PSA merges FCA unfruitful merger proposal rejected by FCA

  According to people familiar with the matter, French Peugeot Citroen (hereinafter referred to as PSA) Fiat Chrysler (hereinafter referred to as FCA) held talks on a merger of the two companies earlier this year, but was rejected by FCA. Executives of the two companies have now concluded negotiations. It is understood that FCA chose to reject PSA because it would increase its exposure to mature European markets. The Agnelli family, which owns a controlling stake in FCA, also said it was not interested in the stock financing deal proposed by PSA, but because PSA went to buy GM's European business, it was acquiring FAC... in order to prevent debt expansion.

  2019-03-25
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  Are you sure it won't fail again? It is revealed that Fiat Chrysler and PSA resume talks on merger.

  FCA is in talks with Peugeot-Citroen over a merger, Reuters reported, citing people familiar with the matter. PSA is Europe's second-largest carmaker, with a market capitalization of $22.5 billion, compared with $22.3 billion for FCA. A merger of the two companies would create a nearly $50 billion car manufacturing company with a market capitalization comparable to that of Honda. For the past few years, FCA has been trying to find a partner. On April 30, 2009, the US government announced that Chrysler would officially go bankrupt on April 30, when Chrysler was negative.

  Merger of PSA and FCA 2019-10-30
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  Fiat CEO Mackay sold his FCA shares after Renault proposed a merger

  Mackay, chief executive of Fiat Chrysler, sold his FCA stake in 4Universum 1 on Tuesday. A day earlier, FCA announced a merger with Renault. Mackay mentioned the deal in a document to the Dutch Financial Markets Authority because FCA is a company registered in the Netherlands. Shares of FCA and Renault both rose on Monday, with FCA up 8% at 12.37 euros in Milan and Renault up 12% at 56.03 euros on the Paris CAST index. FCA opened sharply higher on the New York Stock Exchange on Tuesday and its shares have since been in line with Milan's shares. Compared to.

  Renault FCA 2019-05-31
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  FCA announced that the merger would be completed early next year, with a loss of 13 billion yuan in the first quarter.

  After Dongfeng Group formally approved the merger of Peugeot PSA Group and FCA Group, the merger of PSA Group and FCA Group was promoted. FCA issued a statement on May 6th that Fiat Chrysler (FCA) and Peugeot Citroen (PSA) will still merge in early 2021. The merger was first announced in October 2019 that the PSA and FCA groups will fully merge with a 50:50 stake to expand and cope with costly investment in new technologies and slowing market demand. The merger signed in December 2019.

  FCA PSA 2020-05-06
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  The merger of the two major automobile groups, PSA and FCA, has been smooth and will be officially merged early next year.

  The planned merger of PSA (Peugeot Citroen) and FCA (Fiat Chrysler) will proceed as scheduled, and the merger will be completed in the first quarter of 2021 at the latest. Affected by the epidemic and other factors, the merger of PSA Group and FCA Automobile Group has been questioned by the outside world. In response to this, Tang Weishi, CEO of PSA Group, said at the annual shareholders' meeting on June 25 that the pandemic phase was not the time to re-examine the deal with FCA Automobile Group, and warned all parties not to attempt to undermine the merger plan of PSA Group and FCA Automobile Group. Tang Weishi also stressed that he is very trustworthy.

  Peugeot Citroen FCA Group 2020-06-27
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  PSA and FCA officially confirm the merger, and the new company is expected to be operational in 2021

  After a month and a half, Fiat Chrysler (FCA) and Peugeot Citroen (PSA) officially announced the merger and issued a joint statement on December 18. With annual sales of 8.7 million vehicles and combined revenue of 170 billion euros, the new company will become the fourth largest automobile group in the world after Volkswagen, Toyota and Renault-Nissan alliance, according to the statement. In the new corporate governance structure, John Elcan, chairman of FCA, will serve as chairman of the new company, and Tang Weishi, CEO of PSA, will serve as CEO of the new company. It is understood that.

  PSA FCA 2019-12-18
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  FCA will switch masks through factories in China to provide emergency assistance to overseas regions.

  As the COVID-19 epidemic continues to expand in overseas regions, the shortage of medical materials has become a problem in many countries. In order to solve the shortage of medical supplies, foreign car companies have followed the example of Chinese car companies to switch to the production of face masks during the epidemic.

  FCA 2020-03-24
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  FCA Group wants to marry Renault and reach an agreement to become the world's largest automobile manufacturing alliance.

  Recently, according to overseas media reports, Renault and Fiat Chrysler (FCA) are currently trying to establish an alliance. If the plan goes smoothly, the Renault-Nissan-Mitsubishi Alliance will merge with FCA to become the world's largest automaker. Fiat Chrysler is in extensive and in-depth discussions with Renault, citing a number of related negotiations, the Financial Times reported on Saturday. Fiat Chrysler is seeking to work together to meet the challenge of structural changes in the global auto industry. Sources said the agreement would allow FCA to join the existing Renault-Nissan-Mitsubishi alliance in the future, and warned of this.

  Car Renault Global FCA 2019-05-26
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  The two auto giants are exploring cooperation, and PSA Group and FCA Group are expected to cooperate in the production of electric vehicles.

  With the development of the Internet and electric vehicles, opportunities for cooperation among traditional automakers will become more frequent. After Volkswagen and Ford join hands, PSA and FCA are expected to jointly develop electric vehicles. According to foreign media reports, French car giant PSA Group is discussing a new cooperation model with FCA Group, and the two sides may jointly develop electric vehicles. Earlier, the news of the alliance between PSA Group and FCA Group was widely rumored in the industry, and finally FCA Group rejected this plan. According to foreign media sources, the two sides have reached a preliminary consensus that PSA Group and FCA Group will jointly develop an electric vehicle platform to reduce the development of electric vehicles.

  2019-04-02
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  The operation is unreasonable! PSA and FCA will cut brands and models in China after the merger

  New progress has been made in the merger of Peugeot-Citroen (PSA) and Fiat Chrysler (FCA), with future joint venture Stellantis planning to cut brands, models and factories in China and regain lost market share in China, according to foreign media reports. According to previous reports, PSA and FCA announced on July 15 that the combined company, named "STELLANTIS", is expected to sell 8.7 million vehicles a year, making it the fourth largest automaker in the world after Volkswagen, Toyota and Renault-Nissan-Mitsubishi alliance. PSA Group owns Peugeot and Citroen.

  PSA FCA 2020-11-05
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  FCA will recall about 83000 Jeep- free light models because the clutch slipped into neutral.

  According to foreign media reports, FCA Group announced that it will recall nearly 83000 Jeep Free Light vehicles due to a fault in the transmission clutch equipped with a Vmur6 engine, which may cause the vehicle to slip into neutral while driving. FCA spokesman Eric Mayne7 told the media on March 8 that the recall involved 2014 Jeep Free Light SUV. Consumer feedback prompted FCA to investigate, and the findings found that a component designed to influence gear changes may not adequately respond to fluid flow, Mayne said.

  Model recall FCA 2019-07-09
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  FCA confirms joint venture with Foxconn and takes the lead in entering the domestic market

  In the current era of the popularity of electric cars, many enterprises are looking forward to getting a piece of the pie in this industry. According to foreign media reports, Fiat Chrysler (FCA) is planning to set up a joint venture with Foxconn, a high-tech company in Taiwan, to jointly develop and produce electric cars, and will take the lead in the Chinese market.

  FCA 2020-01-17
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  PSA and FCA merge, denying forming a new joint venture in China

  After more than a year of ​, the merger between Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) has finally been settled. How to merge the joint ventures of the two companies in China has also become a concern both inside and outside the industry. A few days ago, the new group Stellantis issued a statement denying that it was planning to set up a new joint venture in China.

  PSA and FCA 2021-01-18
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  Once again, the official declares the doubt! PSA and FCA merge and name STELLANTIS

  Since last year, there has been news of a merger between PSA and FCA until the end of the year when the two sides signed a joint agreement to achieve a full merger of the two companies with a share ratio of 50:50. However, affected by the epidemic and other factors, the merger of PSA Group and FCA Automobile Group has been questioned by the outside world. In order to break the deadlock, new news came out between the two sides a few days ago.

  PSA and FCA 2020-07-16
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  Chuan Dongfeng Motor plans to sell PSA shares to promote the merger of PSA and FCA

  Dongfeng is likely to cut its stake in Peugeot-Citroen (PSA) in an attempt to facilitate a merger of PSA and FCA to ease regulatory scrutiny of the merger of PSA and FCA, Reuters reported, citing people familiar with the matter. Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) announced on October 31 that they will create a new car company with a 50:50 share ratio. In terms of car production, the two will merge to become the world's fourth-largest automaker, with annual sales of 8.7 million vehicles and annual revenue of 170 billion euros.

  Dongfeng Motor PSA FCA 2019-12-07
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  FCA withdraws alliance plans from Renault, which may include Nissan becoming the world's largest automaker

  On May 27th, it was officially learned from FCA that FCA had submitted a Fiat-Renault alliance proposal to France's Renault. The plan will likely address the common weaknesses of the two companies. FCA also said in a statement that the two sides would form an alliance through a Dutch holding company, each with a 50 per cent stake, and that independent directors would be adopted in order to balance the company's structure in the future. A separate statement issued by Renault said the board would meet later to discuss the proposal. Fiat Chrysler and Renault will combine brands with each other, FCA said in a statement.

  Automobile Renault Nissan Global FCA No.1 2019-05-27
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  The latest situation has been revealed! PSA/FCA is not a merger, the real purpose is anti-takeover.

  With the gradual shrinkage of the automobile market in recent years and the increasingly fierce competition, many automobile companies began to seek strategic cooperation of "huddling". For example, PSA Collective and FCA Group announced as early as last year that they would merge. However, there is news recently that the two companies are not merged, but acquired by the acquirer PSA Group.

  PSA 2020-11-27
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  The two major automobile groups officially merged, and Stellantis Group ranked fourth in the world.

  As early as December 2019, Peugeot-Citroen (PSA) and Fiat Chrysler (FCA) issued a statement agreeing that they would form a new group with a share ratio of 50:50, which would become the fourth largest automotive group in the world after Volkswagen, Toyota and Renault-Nissan-Mitsubishi, with their brand names unchanged. Progress on the merger of PSA and FCA has been emerging in 2020, including Dongfeng Motor's approval of the merger, the name and LOGO of the new group, the members of the board of directors of the new group, the date of establishment of the new group, and so on. After 1.

  FCA PSA 2021-01-17
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  FCA recalls 965000 vehicles from North America due to substandard emissions

  According to foreign media reports, Fiat Chrysler (hereinafter referred to as FCA) will recall about 965000 gasoline-powered vehicles that do not meet emission standards in the United States and Canada to replace the catalytic converters of the recalled vehicles. The recall was caused by FCA, which found damage to the performance of the vehicle's catalytic converter during the company's routine vehicle emission tests, and reported the problem to the US Environmental Protection Agency, while FAC said it would provide necessary maintenance services to affected customers free of charge. Among the 965000 vehicles recalled, 863000 American cars and 103000 Canadian cars are involved.

  Car recall FCA 2019-03-14