The merger between Peugeot-Citroen (Groupe PSA) and Fiat Chrysler Automobiles (FCA) has been completed, with the formal announcement of the new corporate name Stellantis now in effect. Both companies combine and now have two executive directors, John Elkann (chairman) and Carlos Tavares (CEO). A new Audit Committee, Remuneration Committee, and […]
Groupe PSA
‘Stellantis’ announced as corporate name for FCA-PSA merger
You may remember Fiat Chrysler Automobiles (FCA) and Groupe PSA are intending to merge, pending final approval from European regulators and shareholders. However, when they merge they will be known as the Stellantis group. Yep, it doesn’t sound anything like the name of an automotive giant. However, FCA and PSA […]
FCA & Groupe PSA confirm plans for 50/50 merger
Following reports earlier this week, Fiat Chrysler Automobiles (FCA) and Peugeot-Citroen Groupe PSA have confirmed they are planning to merge, creating a new group whereby FCA shareholders own 50 per cent and Groupe PSA shareholders own 50 per cent in the newly-created group. Discussions have commenced surrounding the proposal, with […]