Groupe PSA Archives - aftermarketNews
Merger Of FCA And Groupe PSA Approved By Shareholders

FCA and Groupe PSA expect to complete the combination on Jan. 16.

Groupe PSA And FCA Agree To Merge

The combined company will be the fourth largest global OEM by volume and third largest by revenue with annual sales of 8.7 million units and combined revenues of nearly €170 billion (about $189 billion USD).

Groupe PSA And FCA To Join Forces

In a joint statement issued today, the two automakers say they will “join forces to build a world leader for a new era in sustainable mobility.”

Nidec And Groupe PSA Establish Joint Venture For Automotive Electric Traction Motors

The new joint venture is named Nidec PSA emotors and will develop, manufacture and sell automotive electric traction motors.