October 21, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Fiat Chrysler Automobiles (FCA)

    EU regulators to decide on Fiat-PSA deal by February 2021

    EU antitrust regulators will make decision by February 2, 2021, whether to clear Fiat Chrysler Automobiles (FCA) and French automaker’ PSA merger, a filing on the European Commission website noted on Thursday. After a two-month halt due to the coronavirus crisis, the European Commission restarted its investigation of the deal after the companies provided information which […]

    Fiat , Peugeot
    Peugeot 3008 images

    PSA offers to ramp up capacity for Toyota to win EU okay for Fiat deal

    French automaker PSA has offered to boost the production capacity for Japanese rival Toyota in their joint venture in a bid to win EU antitrust okay for its Fiat merger deal, people knowledgeable about the matter said on Friday. They want to sell some light commercial vehicle production capacity to Toyota, one of the sources informed. Another […]

    Fiat , Peugeot
    FCA Peugeot

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

    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 […]

    Chrysler , Fiat , Peugeot
    FCA Peugeot

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

    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 […]

    Chrysler , Fiat , Peugeot
    FCA Peugeot

    Peugeot family wants to quickly increase PSA-Fiat Chrysler stake

    The Peugeot family, which is set to own a 6.2% stake in the new automaker resulting from PSA and Fiat Chrysler’s merger, aims to boost its holding as soon as possible, a representative stated in an interview. PSA and Fiat Chrysler agreed to a binding agreement earlier month on a $50 billion tie-up that will […]

    Chrysler , Fiat , Peugeot
    Peugeot e-208 GT

    Fiat Chrysler turns down General Motors lawsuit, sees Peugeot deal by year-end

    Fiat Chrysler Automobiles NV on Thursday turned down a lawsuit from General Motors and stated it was sure about reaching a binding merger deal with Peugeot owner PSA Group by the end of 2019 to create the world’s fourth-largest automaker. General Motors submitted the lawsuit in the United States on Wednesday, accusing FCA of having […]

    Chrysler , General Motors

    If you're planning an Off-Road Adventure into the outback, as a minimum, you’ll need an air compressor. Be sure to read this guide to choose the best off road 12 volt air compressor.