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Groupe PSA and FCA agree to merge

Groupe PSA and FCA agree to merge

Fiat Chrysler Automobiles N.V. and Peugeot S.A. (“Groupe PSA”) have signed a binding Combination Agreement providing for a 50/50 merger of their businesses to create the 4th largest global automotive OEM by volume and 3rd largest by revenue. The proposed combination...
FCA withdraws merger proposal to Groupe Renault

FCA withdraws merger proposal to Groupe Renault

The Board of Fiat Chrysler Automobiles, meeting this evening under the Chairmanship of John Elkann, has resolved to withdraw with immediate effect its merger proposal made to Groupe Renault. FCA remains firmly convinced of the compelling, transformational rationale of...
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