Posts filtered by tags: PSA Group[x]


 

Jeep Is Thrilled With 15,000 Japanese Customers

American automotive brands have never really caught on with the typical Japanese consumer. While we’ve done numerous dives trying to understand why the gist is that our tastes don’t typically overlap and they generally prefer to buy domestic. Foreign marques are comparatively rare, frequently German, and are generally owned by those looking to flex their status […] The post Jeep Is Thrilled With 15,000 Japanese Customers appeared first on The Truth About Cars.
Tags: Japan, Marketing, Sales, Industry, Psa, Fca, Autos, Sales And Marketing, Jeep, News Blog, PSA Group, Wrangler, Renegade, Groupe PSA, Fiat. Chrysler, Stellantis


Stellantis to delay production of its Ram 1500 Classic pickup trucks due to global chip shortage

SOPA Images / Contributor Production at Stellantis assembly plants in Michigan and Mexico will be impacted, the statement said. The pandemic caused a disruption in the supply chain of semiconductor chips used in cars and electronics. The computer chips make up around 40% of a new car's cost, according to a report by Deloitte. See more stories on Insider's business page. Stellantis will delay the production of its Ram 1500 Classic pickup trucks due to the global chip shortage.The c...
Tags: Transportation, News, Mexico, Trends, General Motors, Bloomberg, Vehicles, Ford, Michigan, Deloitte, North America, Volvo, Fiat Chrysler, Reuters, Carlos Tavares, PSA Group


Jeep goes after Escalade fans with $111,000 Grand Wagoneer

By Gabrielle Coppola | Bloomberg The Jeep brand, a pioneer of the modern sport-utility vehicle, has long missed out on one of its most lucrative segments. Not anymore. Fiat Chrysler Automobiles NV, which merged with French rival PSA Group to become Stellantis NV in January, is debuting three large Jeep SUVs this year, crowned by the Grand Wagoneer, a land yacht that tops out at $111,000 when fully loaded. The Grand Wagoneer, and its more affordable sibling the Wagoneer, are a shot across the bow...
Tags: Business, Bloomberg, Sport, Soccer, Ford, Moab, Gm, Jaguar, North America, Detroit, Edmunds, Amazon Fire TV, Palermo, Jeep, Fiat Chrysler, Automakers


Pack It Up: Stellantis Disbands SRT Engineering Team

While we knew Fiat Chrysler Automobiles would have to undergo substantial changes after it merged with PSA Group to form Stellantis, many enthusiasts were holding out hope that the North American Street & Racing Technology (SRT) engineering team would skate by unmolested. No such luck.  Over the weekend, Mopar Insiders reported that the newly formed company […] The post Pack It Up: Stellantis Disbands SRT Engineering Team appeared first on The Truth About Cars.
Tags: Fca, Autos, Dodge, Mopar, Fiat Chrysler Automobiles, News Blog, SRT, PSA Group, Stellantis, Special Vehicle Teams, Street & Racing Technology


QOTD: What Should Happen to Chrysler and Dodge?

Stellantis leadership is going to have some tough decisions to make in regard to Chrysler and Dodge. While both brands are a shadow of their former selves, Fiat Chrysler viewed their rightsizing as more of a distillation process. Despite lacking the full complement of vehicles necessary to occupy every segment, the two have the oversized American […] The post QOTD: What Should Happen to Chrysler and Dodge? appeared first on The Truth About Cars.
Tags: Fca, Autos, Chrysler, Charger, Dodge, Pacifica, Fiat. Chrysler, Qotd, Durango, Challenger, News Blog, PSA Group, Question of the Day, Stellantis


Cannes Lions finalizes in-person jury presidents, and Facebook outsources Trump ban verdict: Friday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. Cannes, contingent Cannes Lions announced its 2021 jury presidents—57% of whom will be women—who are now gearing up for an in-person Festival of Creativity in June. Fortunately, the Ascential-owned event is planning for a switch to remote judging in case the festival needs to ...
Tags: Facebook, Europe, Japan, France, Advertising, Bloomberg, Joe Biden, Netflix, Beijing, Tokyo, Nielsen, Pink, Illinois, Donald Trump, Ioc, International Olympic Committee


After Merger With PSA, Chrysler’s Brand Future Is Uncertain

The Chrysler brand is nearly 100 years old--and may soon be kaput. Its fate hangs in the balance after shareholders of Fiat Chrysler and PSA Group--a French auto manufacturer best known for the Peugeot and Citro?n brands--have approved a merger that'll see the two companies combine to become Stellantis. Set to soon become the fourth...
Tags: Advertising, Automotive, Chrysler, Peugeot, Fiat Chrysler, PSA Group, PSA Chrysler


Fiat Chrysler shareholders approve merger with PSA Group

Fiat Chrysler and PSA Group shareholders voted Monday to approve a merger between the two automakers. The combined company will be...
Tags: Fiat Chrysler, PSA Group


PSA Group shareholders vote to approve merger with Fiat Chrysler

PSA Group shareholders on Monday voted in favor of a merger with Fiat Chrysler. The combined entity will be the world's fourth-largest automaker.
Tags: Fiat Chrysler, PSA Group


FCA, PSA Group Schedule Shareholder Meetings to Finalize Merger

The merger between Fiat Chrysler Automobiles and PSA Group is reportedly progressing smoothly, with the involved parties announcing general meetings for their respective shareholders on Wednesday. Scheduled to take place on January 4th, the summit is being held “in order to approve the merger of their companies to allow the creation of Stellantis, which will […] The post appeared first on The Truth About Cars.
Tags: Industry, Fca, Mergers, Antitrust, Autos, Fiat Chrysler, Industry News, Fiat Chrysler Automobiles, News Blog, PSA Group, Stellantis, FCA PSA Group Schedule Shareholder Meetings


Jeep Easing Electrification Into Japanese Market, World to Follow

One of the main reasons Fiat Chrysler Automobiles is partnering with PSA Group is to help soften the financial blows of battery development, we literally just talked about it. But the French automaker has its own reasons for wanting to get into bed with the FCA, namely its rather diverse list of subsidiaries — with Jeep […] The post Jeep Easing Electrification Into Japanese Market, World to Follow appeared first on The Truth About Cars.
Tags: Asia, Japan, Fca, Autos, Jeep, Fiat Chrysler, Plug-in Hybrid, Phev, Fiat Chrysler Automobiles, News Blog, Jeep Renegade, PSA Group, 4xe, Renegade 4xe


European Regulators Finally Approve PSA/FCA Becoming Stellantis

Fiat Chrysler and PSA Group are reportedly in the homestretch of their $38 billion merger deal and on the cusp of becoming Stellantis — the planet’s fourth largest automaker by volume. The plan is to join forces to help absorb the monumental cost of developing alternative energy vehicles (like EVs) without losing any brands or shuttering […] The post European Regulators Finally Approve PSA/FCA Becoming Stellantis appeared first on The Truth About Cars.
Tags: Europe, Eu, European Union, Industry, Psa, Fca, Mergers, Autos, Fiat Chrysler, Industry News, Fiat Chrysler Automobiles, News Blog, PSA Group, European Comission, Stellantis


Nikola faced fraud allegations upon announcing a $2 billion deal with General Motors, but GM doesn't seem worried

Massimo Pinca/Reuters Almost immediately after Nikola and GM announced a strategic partnership, with GM taking a stake in the startup, Nikola came under attack from short-sellers. Hindenburg Research alleged that Nikola is a fraud, but GM CEO Mary Barra stressed that GM had done its homework. Nikola is a high-risk venture that's trying to shed some execution risk by partnering with GM to build a pickup truck while Nikola focuses on semitrucks. Until Nikola starts selling vehicles, it's a ...
Tags: Transportation, Elon Musk, Opinion, France, Ipo, US, Trends, General Motors, Tesla, Bloomberg, David, Ford, Mary Barra, Auto Industry, Gm, SEC


FCA-PSA Merger Terms Tweaked

Fiat Chrysler Automobiles and PSA Group announced a few revisions to their planned merger on Monday. Unfortunately, ditching the Stellantis moniker when they become the world’s fourth-largest automaker wasn’t among the changes listed. Because it still sounds like a medication for people with arthritis. Ask your doctor is Stellantis is right for you. Don’t take […] The post FCA-PSA Merger Terms Tweaked appeared first on The Truth About Cars.
Tags: Psa, Fca, Mergers, Autos, Fiat Chrysler, Don, Fiat Chrysler Automobiles, News Blog, PSA Group, Stellantis


Maserati is reinventing itself — but the CEO of its parent company says it won't follow Ferrari into the public market anytime soon

FCA CEO Mike Manley said no IPO for Maserati. FCA Maserati has unveiled an ambitious turnaround plan after several years of plunging sales and missed profit targets. At an event in Italy, Mike Manley, CEO of parent FCA, said that Maserati is targeting 75,000 in annual sales and a 15% profit margin. But Manley also squashed speculation about a Maserati IPO — the 105-year-old Italian icon won't follow fellow former FCA stablemate Ferrari into the public markets. At least not right away. Manl...
Tags: Transportation, France, US, Trends, Ferrari, Psa, Italy, Fca, Chrysler, Fiat, Mergers and Acquisitions, Detroit, Fiat Chrysler, Modena, Marchionne, Maserati


Farewell, Fiat: Stellantis Will Tap France for Small Car Platforms

Hopefully you’re all familiar with Stellantis — the chosen name for the sprawling automaker birthed from the merger of Fiat Chrysler Automobiles and France’s PSA Group. With the merger expected to wrap up in the first quarter of 2021, Stellantis is all about capitalizing on the respective partners’ strengths in the name of efficiency. And, because […] The post Farewell, Fiat: Stellantis Will Tap France for Small Car Platforms appeared first on The Truth About Cars.
Tags: Europe, France, Fca, Mergers, Autos, Fiat, Platforms, Fiat Chrysler, Fiat Chrysler Automobiles, News Blog, Future Models, PSA Group, Small Cars, Platform Sharing, Stellantis, PSA Group With


PSA Head Says Electric Vehicles Too Dang Expensive to Build

Carlos Tavares, CEO of Groupe PSA, believes the secret to mainstreaming electric vehicles may have something to do with the industry being able to sell them at a profit. The French automaker’s boss has expressed concerns about a segment that’s almost entirely propped up by taxpayers — sounds likes someone might have taken a business […] The post PSA Head Says Electric Vehicles Too Dang Expensive to Build appeared first on The Truth About Cars.
Tags: Electric Vehicles, Autos, Subsidies, R&D, EVs, Carlos Tavares, Profitability, News Blog, PSA Group, Restructuring, Groupe PSA, Development Costs, PSA Head Says Electric Vehicles Too Dang Expensive


Fiat Chrysler and Waymo just announced an exclusive deal for advanced self-driving technology (GOOGL, FCAU)

Fiat Chrysler Automobiles has expanded its relationship with Waymo, making the Alphabet self-driving division its exclusive partner. Waymo will provide its autonomous "Driver" technology to FCA's entire vehicle brand portfolio. FCA and Waymo had already collaborated on the Waymo One ride-hailing service in Arizona; Waymo One uses Chrysler Pacifica minivans. The companies said they would commence a new effort for commercial vehicles, using the RAM ProMaster cargo vehicle. Visit Business Insider...
Tags: Facebook, California, France, US, Trends, Arizona, Fca, Jaguar Land Rover, John Krafcik, Fiat Chrysler, Nhtsa, Chrysler Pacifica, PHOENIX Arizona, Aurora, Fiat Chrysler Automobiles, National Highway Traffic Safety Administration


Ford CEO Jim Hackett has finally come into his own as the carmaker launches its much-anticipated Bronco SUV (F)

Ford CEO Jim Hackett has faced steady criticism since he took over at the automaker in 2017. Hackett is a staunch proponent of "design thinking," and the first Ford vehicles shaped by that process are starting to come to market. The best example is the all-new Bronco SUV, which debuted last week after years of anticipation — and racked up so many reservations that it briefly crashed the pre-order website. Ford has challenges ahead, as it emerges from the COVID-19 pandemic and a near total shut...
Tags: Facebook, California, Steve Jobs, France, Disney, US, America, Trends, General Motors, Tesla, Reagan, Ferrari, Ford, Mary Barra, Gm, Chrysler


Fiat Chrysler and PSA Group will have a new name: Stellantis. Yes, it's dumb

So what does the name Stellantis mean to you?
Tags: Cnn, Fiat Chrysler, PSA Group


QOTD: Ready to Play the Name Game?

A word is a powerful tool. It can instill deep feelings, trigger emotions, and just generally play with someone’s head. And when a singular word happens to be the name of a company, its creators had best choose wisely. Wednesday’s joint announcement from Fiat Chrysler and PSA Group got plenty of people talking about words — […] The post QOTD: Ready to Play the Name Game? appeared first on The Truth About Cars.
Tags: Autos, Fiat Chrysler, Qotd, News Blog, PSA Group, Question of the Day


What Is Stellantis? Just a Massive Italian-American-French Automaker

The coming year is expected to be the first of many for a new group created through the imminent merger of Fiat Chrysler and France’s PSA Group. As the process to blend the two automakers continues, the two partners have revealed what their combined operation will be called. Stellantis. Via a joint press release, the […] The post What Is Stellantis? Just a Massive Italian-American-French Automaker appeared first on The Truth About Cars.
Tags: France, Psa, Fca, Mergers, Autos, Fiat Chrysler, Fiat Chrysler Automobiles, Naming, News Blog, PSA Group, Corporate Branding, Stellantis


PSA-FCA Merger Doesn’t Need Any Changes: Tavares

PSA Group CEO Carlos Tavares has bucked the notion that his company’s merger agreement with Fiat Chrysler Automobiles needed its terms massaged. Living through the coronavirus should be proof enough that automotive partnerships are essential for weathering the coming economic storm, and that governments shouldn’t stand in the way — or so goes the theory. During […] The post PSA-FCA Merger Doesn’t Need Any Changes: Tavares appeared first on The Truth About Cars.
Tags: Eu, Psa, Fca, Mergers, Autos, Investors, Fiat Chrysler Automobiles, Tavares, Carlos Tavares, News Blog, PSA Group, Groupe PSA, Anti-trust, Business Deals, PSA FCA


The Great Compression: The coronavirus pandemic could drive a long-overdue consolidation of the global auto industry (GM, F, FCAU, TSLA, RACE)

The coronavirus pandemic brought about the previously unthinkable in the auto industry: a near total global shutdown of production. Throughout the industry, a wide-ranging discussion has developed about what the post-COVID-19 car world could look like. The industry has long suffered from excessive manufacturing capacity and what the late Fiat Chrysler CEO Sergio Marchionne trenchantly decried as an addiction to capital. Post-COVID, the auto industry could undergo a massive consolidation, with ...
Tags: Facebook, Europe, Post, Japan, Congress, California, China, US, Trends, General Motors, Tesla, Porsche, Ford, Mary Barra, Fca, Gm


FCA, PSA to Be Probed Deeply Ahead of Merger

Executives from Fiat Chrysler Automobiles (FCA) and PSA Group are reportedly concerned that their companies are in for an extensive probing by the European Commission before their planned merger can take place. Ideally, the duo have said they want to finalize the deal early in 2021, but the prolonged investigative dive may force them to readjust […] The post FCA, PSA to Be Probed Deeply Ahead of Merger appeared first on The Truth About Cars.
Tags: Eu, Regulation, Fca, European Commission, Mergers, Autos, Automotive Industry, Industry News, Fiat Chrysler Automobiles, Fiat Chrysler Automobiles FCA, News Blog, PSA Group, Groupe PSA, FCA PSA, Europan Union


Fiat Chrysler-PSA Merger Heads to EU Regulators

The European Union’s antitrust regulators could easily allow the proposed $50 billion merger between Fiat Chrysler and France’s PSA Group to sail onward unopposed… or decide to throw a wrench into the works. Both companies started funneling the necessary applications to the European Commission back in February, but Monday brought word of a decision date: […] The post appeared first on The Truth About Cars.
Tags: France, Eu, European Union, Regulators, Psa, Fca, European Commission, Mergers, Autos, Fiat Chrysler, Fiat Chrysler Automobiles, News Blog, PSA Group


Malls Reopen as Brazil Quarantine Begins to Ease; Deaths Jump

(Bloomberg) -- Shoppings malls have started to resume activities as some states and cities in Brazil relax quarantine rules. About 40 of more than 570 commercial centers are already back at work, according to local media.The crisis created by pandemic has laid bare opposing views in Brazil’s government in terms if a post-coronavirus agenda. While the Economy Ministry says the country needs to resume its reform and privatization program, the Chief of Staff’s Office announced a 10-year plan focuse...
Tags: Energy, News, Congress, Colorado, Mexico, Ipo, Office, General Motors, Bloomberg, Canada, Pennsylvania, Telecom, Citigroup, Brazil, Pimco, Rio De Janeiro


General Motors and Honda are expanding their electric-vehicle partnership. That collaboration could be a model for the rest of the industry. (F, GM, FCAU)

General Motors and Honda announced that the carmakers would expand their partnership to develop two new electric vehicles, designed by Honda, but using GM's new Ultium technology and manufactured at a GM plant. GM and Honda aren't merging, but their EV collaboration is starting to look like an experimental tie-up to pursue new technologies and new markets. The history of mergers in the auto industry is uneven, but GM and Honda are exploring new territory. The impact of COVID-19 globally could ...
Tags: Facebook, Europe, France, US, San Francisco, Trends, General Motors, Tesla, Cruise, Ford, Fca, Gm, Chrysler, Fiat, Chevy, Bmw


Status of PSA-FCA Merger Questioned, French Half Says Everything’s Fine

Following reports from France that the merger between PSA Group and Fiat Chrysler Automobiles could be upended by the coronavirus, PSA announced that the media got this one all wrong. While the French automaker admitted that economic problems stemming from the outbreak are indeed concerning, it reiterated its commitment to safeguarding employment while adding that […] The post Status of PSA-FCA Merger Questioned, French Half Says Everything’s Fine appeared first on The Truth About Cars.
Tags: France, Psa, Fca, Mergers, Autos, Fiat Chrysler, Industry News, Fiat Chrysler Automobiles, News Blog, PSA Group, PSA Groupe, PSA FCA


Public Transit Is for Squares: Citroën’s Ami Calls All Non-conformists

Given the size and modest specs of Citroën’s Ami city car, you’d think post-war rationing was still a thing in France. The Ami, revealed Thursday, is a production version of the Ami One concept PSA Group debuted at last year’s Geneva Motor Show. It’s small, short, looks the same coming as it does going, and doesn’t […] The post Public Transit Is for Squares: Citroën’s Ami Calls All Non-conformists appeared first on The Truth About Cars.
Tags: France, Electric Vehicles, Autos, Mobility, EVs, Citroën, Ride-sharing, AMI, News Blog, PSA Group, City Cars, Citroen Ami