Renault hires former PSA research chief Gilles Le Borgne

Gilles Le Borgne

French automaker Renault has appointed Gilles Le Borgne as executive vice-president engineering and a member of the Group Executive Committee (CEG), effective on 6 January, the company has stated in a release. Gilles Le Borgne will report to Clotilde Delbos, the Chief Executive Officer of the group for an interim period. He will take the position of Gaspar Gascon […]

Dongfeng and PSA extend their joint venture

Dongfeng Nissan Viwa

China’s Dongfeng Motor and Peugeot maker PSA are extending their business cooperation, regarding the Chinese company decreasing its stake in PSA to help smooth the French automaker’s merger with Fiat Chrysler Automobiles (FCA). Dongfeng stated on Thursday it had agreed with PSA to increase the duration of their joint venture Dongfeng Peugeot Citroen Automobiles (DPCA). […]

UAW members recommend approval of Fiat Chrysler labor deal

United Automobile Workers (UAW)

Union members of United Auto Workers from Fiat Chrysler Automobiles NV’s U.S. plants on Wednesday recommended authorization of a tentative labor agreement that would permit the Italian-American automaker to prevent a strike as it collaborates to merge with France’s Groupe PSA. Fiat Chrysler (FCA) and PSA, the innovator of Peugeot and Citroen, in October declared […]

White House to look at deal between Peugeot and Fiat Chrysler

Images of Peugeot Foodtruck concept

U.S. President Donald Trump’s administration will take a look at the planned merger between Fiat Chrysler and Peugeot owner PSA, White House economic adviser Larry Kudlow stated on Friday. The deal declared on Thursday, would create the fourth-largest automaker in the world. “We will obviously look at it very, very carefully,” Kudlow stated on Bloomberg. […]

Italian government following talks of FCA and Peugeot

PSA Peugeot

The Italian government is following talks between Fiat Chrysler and French automaker PSA over a possible tie-up, Industry Minister Stefano Patuanelli stated on Wednesday. Patuanelli informed reporters he could not discuss enough about the matter since a possible merger of the two was “a market operation”. The two automakers said on Wednesday they were holding […]