GM is exercising an equity warrant and has also decided to reinstate quarterly dividends
The merger of FCA and PSA turned out A-OK judging by share prices, but now the company needs to engage high gear for future battles
Alfa’s turnaround hopes rest largely on the success of an entry-level SUV that’s the brand’s first EV and a brother to Jeep’s upcoming junior Renegade
FCA, which is now a part of Stellantis, spent $2.4 billion in buying credits from Tesla between 2019 and 2021
Chrysler could benefit from PSA’s expertise with crossovers and SUVs
The new DS 4 is a French premium compact aiming directly at the German establishment
The long-awaited merger between the two groups has finally taken place
France already owns a 6.2% stake in Stallantis, through public bank BPI France
While Chrysler could be killed, Stellantis is expected to focus on issues in Europe first
Stellantis’ belief that it will become the world’s 4th largest carmaker is based on FCA and PSA sales figures from 2019
Fiat Chrysler shareholders are also expected to soon approve the merger during a virtual meeting
Under the proposal, Stellantis would be renamed the Chrysler-Dodge-Jeep-Ram Corporation
Shareholders are set to approve the merger on January 4th
The VW Group holds the biggest market share, followed by PSA and the Renault Group
Fiat Chrysler and the PSA Group want to join forces officially before the end of January
The small EV has been imagined as a Peugeot, Citroen, Opel, DS and Fiat
Peugeot boss Carlos Tavares also expects to see more consolidation in the car industry
Polestar says that the ruling applies only to France and not other countries