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Stories about: merger

5 Mergers That Reshaped the Automotive Industry
5 Mergers That Reshaped the Automotive Industry

13 Jun 2023, 15:11 UTC · By: Ciprian Florea / Ased as a means to expand, cut costs, or better compete with bigger companies, large-scale automotive merges have been happening since the 1950s.

 
FCA and PSA Become Stellantis Next Week, Common Shares Start Trading on Jan. 18
FCA and PSA Become Stellantis Next Week, Common Shares Start Trading on Jan. 18

5 Jan 2021, 10:50 UTC · By: Daniel Patrascu / Shareholders of both FCA and PSA gave the green light to the merger between the two, this is expected to take place on January 16

 
Elon Musk Is Fully Aware Tesla’s Stock Bubble Could Burst at Any Moment
Elon Musk Is Fully Aware Tesla’s Stock Bubble Could Burst at Any Moment

2 Dec 2020, 08:35 UTC · By: Elena Gorgan / Tesla must focus on profits and cost-cutting, CEO says in leaked email, to show investors that their credit hasn’t been misplaced

 
Stellantis Is How the Combined FCA and PSA Group Will Be Called
Stellantis Is How the Combined FCA and PSA Group Will Be Called

16 Jul 2020, 08:15 UTC · By: Daniel Patrascu / FCA and PSA are on track to merge next year, the combined entity will be called Stellantis, after the Latin verb Stello - to brighten with stars

 
BorgWarner Buys Delphi, Merged Company Will Focus on Hybrids and EVs
BorgWarner Buys Delphi, Merged Company Will Focus on Hybrids and EVs

28 Jan 2020, 21:10 UTC · By: Mircea Panait / In a bid to serve the HEVs and BEVs components market, BorgWarner decided to spend approximately $3.3 billion on Delphi Technologies

 
Fiat Chrysler Merges with French PSA, Says No Plant Closures Planned
Fiat Chrysler Merges with French PSA, Says No Plant Closures Planned

18 Dec 2019, 09:05 UTC · By: Daniel Patrascu / The new FCA-PSA group aims to become the 3rd largest in the world, as it estimates combined revenues of nearly €170 billion ($190 billion)

 
This RWD Peugeot Sedan Should Make It Stateside
This RWD Peugeot Sedan Should Make It Stateside

4 Nov 2019, 12:07 UTC · By: Andrei Nedelea / Peugeot has been making economy-minded front-wheel drive cars for the last few decades, yet its merger with FCA could change that

 
FCA Will Merge With PSA - Which Cars Should They Keep Making?
FCA Will Merge With PSA - Which Cars Should They Keep Making?

31 Oct 2019, 13:45 UTC · By: Andrei Nedelea / FCA's current model lineup, across its many brands, is a mixed bag with some really cool models and others that we really wouldn't miss if they went away

 
After Failing to Marry Renault, FCA Is Now Engaged to PSA
After Failing to Marry Renault, FCA Is Now Engaged to PSA

31 Oct 2019, 09:10 UTC · By: Daniel Patrascu / FCA calculated there would be €3.7 billion estimated annual run-rate synergies, without having to close plants and let people go

 
Groupe PSA Could Merge With FCA, Talks Are Currently Underway
Groupe PSA Could Merge With FCA, Talks Are Currently Underway

30 Oct 2019, 11:09 UTC · By: Mircea Panait / After Renault, it's the turn of Groupe PSA to talk with Fiat Chrysler Automobiles about a possible all-share merger of equals

 
Volvo Hands Over ICE Production to Geely, to Focus on Electric Cars
Volvo Hands Over ICE Production to Geely, to Focus on Electric Cars

7 Oct 2019, 12:00 UTC · By: Daniel Patrascu / While Volvo will be focusing on electric powertrains, the new business will be making internal combustion engines for Geely, Proton, Lotus, LEVC, and Lynk & Co

 
Fiat Chrysler Drops Renault Merger Proposal, Blames Failure on Macron and Co.
Fiat Chrysler Drops Renault Merger Proposal, Blames Failure on Macron and Co.

6 Jun 2019, 08:03 UTC · By: Daniel Patrascu / FCA says it drops plan to merge with Renault on account of "the political conditions in France" that will not allow for a successful conclusion

 
Nissan Warns FCA-Renault Merger Would Call for Review of Existing Alliance
Nissan Warns FCA-Renault Merger Would Call for Review of Existing Alliance

3 Jun 2019, 14:39 UTC · By: Daniel Patrascu / Nissan CEO Hiroto Saikawa says a full merger of FCA with Renault would lead to a fundamental review of the “existing relationship between Nissan and Renault”

 
Renault Needs More Time to Answer Fiat Chrysler’s “Friendly” Merger Offer
Renault Needs More Time to Answer Fiat Chrysler’s “Friendly” Merger Offer

28 May 2019, 12:59 UTC · By: Daniel Patrascu / Renault refuses to get drawn into a deal with Fiat Chrysler, says it needs more time to study the "opportunity of such a business combination"

 
Fiat Chrysler Officially Asks for Merger with Renault
Fiat Chrysler Officially Asks for Merger with Renault

27 May 2019, 08:02 UTC · By: Daniel Patrascu / On Monday when Fiat Chrysler Automobiles officially announced it has “delivered a non-binding letter to the Board of Groupe Renault,

 
Nissan Doesn’t See The Benefit In Merging With Renault
Nissan Doesn’t See The Benefit In Merging With Renault

9 May 2018, 10:02 UTC · By: Mircea Panait / While Nissan claims that there's no merit to merging with Renault, the French side of the potential deal claims that "all options are open"

 
Renault-Nissan Merger Could Happen To Streamline Operations, Strengthen Profit
Renault-Nissan Merger Could Happen To Streamline Operations, Strengthen Profit

30 Mar 2018, 11:03 UTC · By: Mircea Panait / With Renault and Nissan joining forces as one holding company, the automotive supergroup could battle the Volkswagen Group a lot better

 
Rumor: Hyundai-FCA Merger To Become World’s No. 1 Automaker
Rumor: Hyundai-FCA Merger To Become World’s No. 1 Automaker

22 Sep 2017, 09:58 UTC · By: Mircea Panait / Over in South Korea, automotive industry analysts and the business media report Hyundai could buy Fiat Chrysler off Sergio Marchionne's hands

 
Proof That God Exists and He Loves Bad Drivers
Proof That God Exists and He Loves Bad Drivers

21 Dec 2016, 19:02 UTC · By: Vlad Mitrache / The people who can get away with something like this should really play the lottery because it clear that somebody upstairs loves them to bits

 
Why Daimler Should Merge with Fiat Chrysler Automobiles
Why Daimler Should Merge with Fiat Chrysler Automobiles

9 Sep 2015, 13:36 UTC · By: Alex Oagana / Do not be quick to judge; wait, read on and see why a merger between Daimler and Fiat Chrysler would actually make sense