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 […]

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, […]

Fiat Chrysler to meet unions Friday to discuss merger deal with PSA

FCA Peugeot

Fiat Chrysler will meet Italian trade unions in Turin on Friday to talk about the details of a merger deal with French competitor PSA, the FIM-CISL union stated on Wednesday. Fiat Chrysler (FCA) and PSA confirmed on Wednesday they had agreed to a binding $50 billion merger to form the world’s fourth-largest automaker. FIM-CISL stated […]

UK union seeks guarantees on manufacturing following Peugeot-Fiat merger

a busy london street

Britain’s biggest union is looking forward to guarantees on the long-term future of Peugeot’s plants located in Britain following the French automaker’s binding of a deal on Wednesday with Fiat Chrysler to form the world’s fourth-biggest carmaker. Peugeot runs a car factory located in northern England where it constructs the Opel/Vauxhall Astra. In June, the […]