PSA denies FCA merger plans being reassessed | Automotive Industry News

Groupe PSAs Carlos Tavares and FCAs Mike Manley share a congratulatory handshake after signing a merger agreement on 18 December 2019

Groupe PSA’s Carlos Tavares and FCA’s Mike Manley share a congratulatory handshake after signing a merger arrangement on 18 December 2019

Groupe PSA has denied that it is wanting afresh at the proposed economical phrases of a merger with Fiat Chrysler Cars. Together with other huge OEMs, each individual could soon be going through important troubles if there is an extended financial downturn in their residence locations.

Trying to find to quash rumours that the agreed phrases of a tie-up required to be altered, PSA instructed Agence France-Presse in an emailed assertion, “The merger helps make sense much more than

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