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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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  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 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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  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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  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 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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  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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  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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  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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  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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  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 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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  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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  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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  Foxconn marches into automobile manufacturing and plans to set up an electric car company in China with FCA Group.

  Foxconn is also going to build electric cars! Fiat Chrysler (FCA Group) confirmed today that it is discussing with Hon Hai Precision Industries Co. (Foxconn) the possibility of setting up a peer-to-peer joint venture to develop and manufacture a new generation of all-electric vehicles in China and get involved in the vehicle networking business. According to official sources, the two sides plan to initially focus on the Chinese market, bringing together the automotive design, engineering and manufacturing and mobile software capabilities of both sides to focus on the growing pure electric vehicle market. The two sides are still in the process of signing a preliminary agreement that will guide the future.

  FCA new energy 2020-01-17
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  FCA officially refutes rumors of divestment and will always devote itself to expanding the Chinese market.

  Since the second half of 2018, China's automobile production and sales have entered a decline channel. Under the environment of the rapid growth of domestic brands in the past two years, the development trend of automobile brands with the advantage of joint venture has been much lower than before. For this reason, there has been news that FCA Group will unilaterally invest in Guangzhou Auto Fick in order to reduce costs, but this news has been denied recently.

  FCA 2020-11-06
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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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  Peugeot Citroen: we need a successful plan to stay in China

  Carlos Tavares, chief executive of PSA, said on Friday that after completing the merger of the two groups, PSA and FCA (Fiat Chrysler) would need to re-examine their strategy in the Chinese market. "if we want to stay in China, we need to find a successful solution".

  PSA Peugeot Citroen FCA Group 2020-03-08
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  Dongfeng Motor has approved the merger of PSA and FCA Group, and the profits will be invested in its own field.

  For 2019, the merger of Peugeot Citroen (hereinafter referred to as PSA) and Fiat Chrysler (hereinafter referred to as FCA) is undoubtedly a major event in the industry, after all, the merger of the two auto groups will become the third largest auto group in the world. However, due to a variety of adverse factors, the merger plans of the two groups have been shelved and have not yet been realized, including the reason why Dongfeng Motor occupies an important role. Last October, PSA and FCA announced that they would merge fully with a 50:50 stake to expand and cope with costly investment in new technologies.

  Dongfeng automobile 2020-04-27
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  Senior members confirm that the world's fourth largest automobile group will complete its merger in the first quarter of next year.

  On September 30th, Fiat Chrysler Group (hereinafter referred to as "FCA") and Peugeot Citroen Group (hereinafter referred to as "PSA") announced the membership of the board of directors of Stellantis. Under the merger agreement announced on December 18, 2019, the board of Stellantis will consist of 11 members, of which FCA and its major shareholder Exor have nominated five members, PSA and its two major shareholders have nominated five members, and Carlos Tavares, chief executive of Stellantis, will be a member of the board. Stellan...

  PSA FCA 2020-09-30