MotorBiscuit has covered how Fiat Chrysler Automobiles, or FCA, has been in merger talks with Peugeot Citroen Automobile, or PSA. Those talks have been ongoing for a long time. Today, however, there was a press release from FCA announcing that the merger will be official in the extremely near future. Stellantis is real. FCA and PSA officially merge into …
Fiat-Chrysler has been slow to embrace the EV hysteria auto manufacturers are racing to enter. Companies are spending billions of dollars in EV and autonomous development while Fiat Chrysler stands mute. But now for long. Hon Hai Precision Industry Co. is establishing a joint venture with Fiat Chrysler to build electric vehicles. The Taiwanese company …
While the paperwork behind the merger between PSA and FCA is done, the effects won’t be felt immediately. The merger will impact brands from both groups, in positive and negative ways. More importantly, the FCA merger will impact consumers inside and outside the US. Potentially, it could mean that markets everywhere will finally get to …
With fears of an economic slowdown getting closer General Motors and Ford Motor Company cut thousands of jobs in 2019. They also closed numerous factories as vehicle sales continue to slow down. Sales are expected to continue dropping in 2020 resulting in two consecutive years of declines. Forecasters are already saying global vehicle sales will …
With Fiat-Chrysler and Peugeot’s parent company PSA Group officially merged, the automotive world is about to get very interesting. For one, it could mean a return to the US for French brands like Peugeot and Citroen, which ducked out decades ago. For another, it could mean more vehicles from Jeep, Dodge, and Chrysler could make …
