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Fiat Chrysler CEO: Peugeot merger talks progressing well

Fiat Chrysler's chief executive Michael Manley said on Wednesday merger talks with Peugeot owner PSA to create the world's No. 4 carmaker are progressing well and he hopes to have a deal sealed within 12-14 months......»»

Category: topSource: reutersJan 22nd, 2020

Profit rise lifts Peugeot shares ahead of Fiat merger

Peugeot maker PSA Group said on Wednesday profitability reached a record high in 2019, results that contrasted with those of many rivals and boosted the group's shares as it beds down a merger with Italy's Fiat Chrysler......»»

Category: topSource: reutersFeb 26th, 2020

Profits surge at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America......»»

Category: topSource: reutersFeb 26th, 2020

Peugeot group profits jump ahead of Fiat merger

Earnings at Peugeot owner PSA Group jumped thanks to sales of pricier SUVs, cheering investors ahead of its merger with Fiat Chrysler. Julian Satterthwaite reports......»»

Category: videoSource: reutersFeb 26th, 2020

Profits jump at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said profitability reached fresh highs in 2019, though the French firm underscored a gloomy outlook for car sales in markets like Europe this year as it pursues its merger with Fiat Chrysler ......»»

Category: topSource: reutersFeb 26th, 2020

Fiat Chrysler"s profit rises ahead of Peugeot merger

Fiat Chrysler posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it heads into a merger with France's PSA ......»»

Category: topSource: reutersFeb 6th, 2020

Fiat Chrysler CEO says PSA deal talks "progressing really well," Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 22nd, 2020

Peugeot family aims to quickly raise PSA-Fiat Chrysler stake: newspaper interview

The Peugeot family, which will own a 6.2% stake in the new carmaker resulting from PSA and Fiat Chrysler's merger, aims to increase its holding as soon as possible, a representative said in a newspaper interview......»»

Category: topSource: reutersJan 12th, 2020

Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger

China's Dongfeng Motor Group and Peugeot maker PSA are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker's merger with Fiat Chrysler Automobiles (FCA)......»»

Category: topSource: reutersDec 19th, 2019

Fiat Chrysler CEO Manley to be part of new group after PSA merger: chairman

Fiat Chrysler Chief Executive Mike Manley will remain with the new group set to result from a planned merger with French rival PSA-Peugeot, Chairman John Elkann said on Wednesday......»»

Category: topSource: reutersDec 18th, 2019

French designs on dominance of Peugeot-Fiat rest on Tavares

Billed as a merger of equals, PSA's $50 billion tie-up with Fiat Chrysler (FCA) gives the Peugeot owner one potentially big advantage, its own boss will be firmly behind the new wheel......»»

Category: topSource: reutersDec 18th, 2019

UK union seeks guarantees on manufacturing after Peugeot-Fiat merger

Britain's biggest union is seeking guarantees on the long-term future of Peugeot's plants in Britain after the French carmaker struck a binding deal on Wednesday with Fiat Chrysler to create the world's fourth-biggest carmaker......»»

Category: topSource: reutersDec 18th, 2019

Factbox: Fiat Chrysler, Peugeot tie-up: how does it work?

Fiat Chrysler and Peugeot maker PSA are pushing ahead with a planned merger worth about $50 billion aimed at creating the world's No. 4 carmaker......»»

Category: topSource: reutersDec 18th, 2019

Factbox: World"s top automakers as PSA, FCA prepare to merge

Fiat Chrysler Automobiles (FCA) and Peugeot owner PSA have sealed a deal to join forces in a 50-50 share merger worth about $50 billion......»»

Category: topSource: reutersDec 18th, 2019

Fiat Chrysler, Peugeot Merger Has One Clear Winner

The proposed merger of equals between Fiat Chrysler and Peugeot will create the world's third-largest automaker by revenue......»»

Category: blogSource: 247wallstDec 18th, 2019

Fiat Chrysler, Peugeot seal $50 bln merger deal

Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over a roughly $50 billion merger that will reshape the global car industry. Julian Satterthwaite reports......»»

Category: videoSource: reutersDec 18th, 2019

FCA-PSA deal "good", government will monitor impact: Italy"s Finance Minister

Italy's Finance Minister Roberto Gualtieri on Wednesday welcomed the binding merger agreement between Fiat Chrysler and Peugeot maker PSA saying it was "good" and said Rome would keep on eye on the deal's effects on jobs and investments......»»

Category: topSource: reutersDec 18th, 2019

Fiat Chrysler has aggressive goals for 2020 independently of PSA merger: CEO

Fiat Chrysler has its own goals to meet next year, independently of its planned merger with Peugeot owner PSA , Chief Executive Mike Manley said on Wednesday......»»

Category: topSource: reutersDec 18th, 2019

Timeline: Fiat Chrysler and Peugeot merger marks next round of consolidation

Fiat Chrysler and Peugeot maker PSA on Wednesday reached a binding agreement for their roughly $50 billion merger, as the auto industry scrambles to develop zero-emissions vehicles and tackle slowing demand......»»

Category: topSource: reutersDec 18th, 2019

Long road ahead as Fiat Chrysler, Peugeot agree to $50 billion merger

Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world's fourth biggest carmaker, and now face the challenge of winning over regulators and delivering on a pledge to slash costs without closing factories......»»

Category: topSource: reutersDec 18th, 2019

Fiat Chrysler and Peugeot agree to merge in giant auto deal

Fiat Chrysler and France’s PSA, the owner of Peugeot, have struck a merger pact to create the world’s fourth-largest carmaker by output......»»

Category: topSource: bizjournalsDec 18th, 2019