AUTO STAKEHOLDER
Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks
Fiat Chrysler and Peugeot-owner PSA told their employees they would sign a binding merger agreement in coming weeks.
In two separate communications through internal channels, obtained by Reuters on Tuesday, the two groups told employees that more than 50 people were involved in the process.
FCA and PSA are in talks to finalize a merger that would create the world’s fourth-largest carmaker.
Nine working groups were established, led by FCA Group Treasurer and Global Head of Business Development David Ostermann, and by PSA Executive Vice President Program and Strategy Olivier Bourges, the documents added.
FCA Chariman John Elkann last week said he was not worried by a shock lawsuit from General Motors and that he was confident of reaching a binding merger deal with Peugeot owner PSA by the end of this year.
-
AVIATION4 years ago
Photo News: Air Peace commence flight operations to South Africa
-
Car News4 years ago
Polestar is recalls over 2000 electric cars due to software bug
-
Technology4 years ago
Common mistakes in CO₂ emissions calculations
-
Car News5 years ago
Suzuki’s 2020 V-Strom 1050 goes high-tech in high style
-
AUTO STAKEHOLDER4 years ago
FRSC COMMENCES ENFORCEMENT OF NATIONAL IDENTIFICATION NUMBER IN DRIVER’S LICENCE PROCESSING
-
SAFETY / CAR CARE4 years ago
Handbrake warning light; what it means and what to do
-
Reviews4 years ago
IVM Caris Specification: Grand Price for Big Brother Naija IVM Challenge
-
Car News5 years ago
Super rich Banana Island residents set for new X7