Reuters Newswire, November 1, 2019 * FCA’s 2018 market share in China was 0.5%, PSA’s 0.6% * Neither firm seen strong enough in electric, hi-tech cars * PSA and partner Dongfeng restructuring their China JV By Yilei Sun and Norihiko Shirouzu BEIJING, Nov 1 (Reuters) - Fiat Chrysler and Peugeot...
Bloomberg News, October 31, 2019 The Dongfeng AX7 plug-in hybrid car. Photographer: Qilai Shen/Bloomberg The merged entity of Fiat Chrysler Automobiles NV and France’s PSA Groupis likely to end up with a major Chinese shareholder, as carmaker Dongfeng Motor Corp. is seen hanging onto its stake in the French company. China’s state-owned enterprises typically...
Bloomberg News, August 21, 2017 Sergio Marchionne’s plans to review Fiat Chrysler Automobiles NV’s businesses has one Chinese company expressing interest in purchasing its Jeep division, as Asian carmakers continue to seek European and American brands in search of technology and new markets. A spokesman for Baoding, China-based Great Wall Motor...