EU investigation into Fiat, Peugeot deal halted as regulators await data

FCA Peugeot

EU antitrust regulators have suspended their investigation into Fiat Chrysler and Peugeot maker PSA’s proposed merger while waiting for the automakers to provide requested data. “This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them,” the […]

Vauxhall announces price and features for all-electric Vivaro-E

Vauxhall Vivaro-e

Vauxhall has released pricing and specification for the Vivaro-e, its first factory-built, fully-electric van, set to launch in the market as more cities of the UK are welcoming and mandating emissions-free vehicles. Vivaro-e is available to order now with first deliveries taking place in October. British Gas has already declared that is has ordered 1,000 […]

EU antitrust extend Fiat, Peugeot investigation to November 13

Fiat Chrysler Automobiles (FCA)

EU antitrust regulators have extended their investigation into Fiat Chrysler Automobiles (FCA) and Peugeot maker PSA’s proposed $50 billion merger to November 13, the European Commission said on Tuesday. “The Commission extended the deadline in agreement with the parties,” according to a spokeswoman for the EU competition enforcer. The Commission started a four-month-long probe last […]

Merger with FCA among the best solutions to cope with crisis, says Peugeot CEO

FCA Peugeot

PSA CEO Carlos Tavares is sure that a $50 billion merger of the owner of Peugeot vehicles with Fiat Chrysler Automobiles (FCA) will proceed as planned and deliver synergies of no less than 3.7 billion euros ($4.2 billion). The deal to form the world’s fourth-largest automaker has become even more important because of the impact […]

Peugeot’s award-winning light commercial vehicle range now available to book online

Peugeot light commercial vehicle (LCV) range

Peugeot’s award-winning light commercial vehicle (LCV) range is now available for booking online through Peugeot Buy Online. Customers can speak to a Brand Specialist from online portals, configure and reserve their vehicle with a deposit of only $316, all from the comfort of their home. The Peugeot team will then liaise with customers to finalize […]

Fiat, PSA to face EU antitrust probe with relation to $50 billion merger

FCA Peugeot

Fiat Chrysler Automobiles (FCA) and Peugeot maker PSA a lengthy EU antitrust investigation after refusing to offer concessions to allay EU antitrust concerns about their $50 billion merger, people knowledgeable with the matter said on Wednesday. Fiat and PSA, which are seeking to form the world’s fourth-biggest automaker, were informed last week that their combined […]

EU regulators to decide on $50 billion Fiat and Peugeot deal by June 17

FCA Peugeot

EU antitrust regulators will make a decision by June 17 whether to clear Fiat Chrysler and Peugeot maker PSA’s $50 billion merger, according to a European Commission filing on Monday. The companies declared the deal to form the world’s fourth biggest automaker in December, putting under one roof the Italian company’s brands including Fiat, Jeep, […]

French car registrations declined by 72% in March due to coronavirus

Champs-Élysées, Paris

French car registrations dropped by over 72% in March because of the coronavirus outbreak and lockdown ordered by officials to fight the epidemic spread, France’s car industry association CCFA stated on Wednesday. Car registrations dropped by 73.43 percent last month at French automaker PSA which makes the Peugeot and Citroen brands. Car registrations at Renault dropped 71.60 […]