According to a statement from the Societe Generale the state could take sides in favor of the creation of another “bulk sample alongside Renault-Nissan-Mitsubishi” advocating a fusion of Fca and Peugeot. According to the CEO Tavares banking group is concerned with the placement of Fca in the NAFTA area, which asseconderebbe his ambitions to transform Psa large European group to a global player.
Together with 4.7 million cars sold by Fca in 2018 and 3.9 million PSA would create a group to 8.5 million cars a year, close to the scale of more than 10 million Volkswagen, Renault-Nissan-Mitsubishi and Toyota. Both the PSA titles that those Fca shine on the stock exchange due to the possible alliance voices: the shares of Chrysler Group have made a leap forward by 5%. Read More