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Yes, You are right.
Now is public the "COMMON DRAFT TERMS OF THE CROSS-BORDER MERGE" with all details of the merger operation.
French permanent establishment of FCA was registered in France on December 11, 2019.
All PSA assets, liabilities, ... will be transferred to that company.
Nothing will...
FCA published the total cost of "La Nuova 500" electric vehicle project.
"... In total, between the costs of design, development and engineering and the construction of the production line, it represents an investment of over €700 million. ..."
The excellence of Mirafiori, the largest FCA...
In Europe FCA is about 6 months / 12 months late into introduction of mild hybrids.
In my opinion they cut 4x4 range, for example Fiat, in order to have lower emissions and push customers towards Jeep (example Fiat 500X with no more 4x4 models).
To add additional taxation per emission put in...
Another step for the merger.
PSA will sell 7% of Faurecia (components) and will do, if necessary, other actions in order to have not control of Faurecia and so not be subject to eventually another antitrust procedure (if I understood well :) ).
"...
Both Boards also agreed to permit...
And than arrived the heretic Lancia Delta Integrale :)
Transversal mounted engine and transaxle gearbox, but when managers allow to spend a little bit of money... Permanent 4wd with equal length front half axles, epicyclical central differential with viscous coupler, rear TorSen (torque...
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