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Petsec Energy Enters PSA For Sale Of U.S. O&G Interests
United Oil & Gas Gets Jamaican Govt Nod To Take Forward Walton Morant Licence On A 100% Operated Basis
July French car registrations +3.92 pct to 178.981 units
Peugeot SA is a France-based car manufacturer. It operates through three main segments: Automotive, Automotive Equipment and Finance. The Automotive segment designs, manufactures and sales passenger cars and light commercial vehicles under the Peugeot, Citroen, DS, Opel and Vauxhall brands. The Automotive Equipment segment, corresponding to the Faurecia Group, comprises the interiors, seating (vehicle seats), clean mobility exhaust systems’ technology) and Clarion Electronics (cockpit electronics and low-speed ADAS) businesses. The Finance segment, corresponding to the Banque PSA Finance group, provides retail financing to customers of the Peugeot, Citroen, DS, Opel and Vauxhall brands as well as wholesale financing to the brands' dealer networks. The Company is active worldwide.
Auto & Truck Manufacturers
75 avenue de la Grande Armee
Independent Chairman of the Supervisory Board
Chairman of the Management Board, Member of the Executive Committee
Vice Chairman of the Supervisory Board, Senior Independent Member
Vice Chairman of the Supervisory Board, Permanent Representative of Bpifrance Participations
Vice Chairman of the Supervisory Board, Permanent Representative of Dongfeng Motor (Hong Kong) International Co. Ltd.
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Free2Move, the car rental and car-sharing business developed by French automaker PSA Group , now has the capacity to start to court new outside investors, its chief executive Brigitte Courtehoux said.
Peugeot maker PSA Group <PEUP.PA> delivered a profit in the first half of the year even as the COVID-19 pandemic hit revenue, and said a strong sales rebound in June in its core European markets had extended into July.
Peugeot maker PSA Group held on to its margin target despite a fall in profitability in the first half of 2020, when the coronavirus pandemic dented sales at the French group.
EU antitrust regulators have suspended their investigation into Fiat Chrysler <FCHA.MI> and Peugeot maker PSA's <PEUP.PA> proposed merger while waiting for the carmakers to provide requested data.
EU antitrust regulators have suspended their investigation into Fiat Chrysler and Peugeot maker PSA's proposed merger while waiting for the carmakers to provide requested data.
The combined company resulting from the merger of Italian-American carmaker Fiat Chrysler Automobiles <FCHA.MI> and France's Peugeot owner PSA <PEUP.PA> will be called Stellantis, the automakers said on Wednesday.
Production at Peugeot-maker PSA's <PEUP.PA> Vauxhall car factory in Britain will resume on Aug. 17, one of the final major automotive plants in the country yet to reopen after the coronavirus outbreak shut sites in March.
EU antitrust regulators have extended their investigation into Fiat Chrysler <FCHA.MI> and Peugeot maker PSA's <PEUP.PA> proposed merger to Nov. 13, the European Commission said on Tuesday.
Fiat Chrysler (FCA) and PSA said on Friday they were sticking to the merger plan signed last year after a newspaper said the carmakers were looking at spinning off assets to cut a planned 5.5 billion euro ($6.2 billion) cash payout to FCA shareholders.
* FCA AND PSA TEAMS ARE WORKING EFFICIENTLY AND IN A HIGHLY COLLABORATIVE MODE TOWARDS THE CLOSING OF THE MERGER - STATEMENT PROVIDED BY PSA GROUP SPOKESMAN
A merger between Fiat Chrysler and Peugeot maker PSA to create the world's fourth largest carmaker is the best way for the two companies to weather the coronavirus crisis, the Italian-American group's chairman said on Friday.
The COVID-19 crisis has not delayed plans to finalise a merger between Fiat Chrysler and Peugeot maker PSA to create the world's fourth largest carmaker by the first quarter of next year, FCA's Chairman John Elkann said on Friday.
FCA CEO Mike Manley during annual shareholders' meeting:
PSA Chief Executive Carlos Tavares is confident a $50 billion merger of the maker of Peugeot vehicles with Fiat Chrysler (FCA) will proceed as planned and deliver synergies of at least 3.7 billion euros ($4.2 billion).
Peugeot SA CEO Carlos Tavares tells the Annual Shareholders Meeting:
Peugeot maker PSA's boss Carlos Tavares said on Thursday he was confident the merger of the French carmaker and Fiat Chrysler (FCA) would go ahead as planned and yield synergies of at least 3.7 billion euros ($4.2 billion).
PSA CEO CARLOS TAVARES TELLS THE ANNUAL SHAEHOLDERS MEETING:
EU industry chief Thierry Breton has urged EU governments to be more active in setting global standards for ultralight battery metal lithium, key to many strategic industries and electric cars, or cede technological advantage to China.
Fiat Chrysler <FCHA.MI> and Peugeot maker PSA's <PEUP.PA> proposed merger may harm competition in small vans in 14 EU countries and Britain, EU antitrust regulators said on Wednesday as they opened a four-month investigation into the deal.
After EU antitrust regulators said they opened a four-month investigation into their proposed merger, Fiat Chrysler and PSA Group say in a joint statement:
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