The merger between Peugeot S.A. (Groupe PSA) and Fiat Chrysler Automobiles N.V. (FCA) (NYSE: FCAU / MTA: FCA), that was announced in 2019, which led to the creation of Stellantis N.V. took effect January 16. As previously announced, Stellantis’ common shares will begin trading on Euronext in Paris and on the Mercato Telematico Azionario in […]
PSA Aftermarket Acquires Amanhã Global to Enter Used Parts Market
PSA Aftermarket, part of Peugeot S.A. (Group PSA), announced it has acquired a majority stake in Amanhã Global, the Porto, Portugal-based company and its e-commerce platform B-Parts.com for used parts. The acquisition aims to complete PSA Aftermarket’s conquest strategy in the circular economy, promoting recycled parts, providing repair parts needed to fix broken components, and […]
FCA and Groupe PSA Announce Merger to Create 4th Largest Global Auto Manufacturer
The Supervisory Board of Peugeot S.A. (Groupe PSA) and the Board of Directors of Fiat Chrysler Automobiles (FCA) (NYSE: FCAU ) announced they have reached an agreement to merge, creating a new group with global scale and resources owned 50% by Groupe PSA shareholders and 50% by FCA shareholders. The combination would create the 4th […]
BASF Enters Supply Agreement with PSA Peugeot Citroën Body Shop Network in Italy
BASF announced a new cooperation arrangement between its Coatings division and PSA Peugeot Citroën in Italy was launched earlier this year. The first body shops in the vehicle manufacturer’s network have already changed over to BASF paint brands. Over 250 authorized body shops will change over to BASF refinish products as part of the agreement. […]