Groupe PSA (Peugeot S.A.) and Fiat Chrysler Automobiles (FCA) have now merged; the stock appears tomorrow and Tuesday, respectively, on Euronext and Mercato, then on the New York Stock Exchange, under the symbol STLA (Stellantis). In other news, Stellantis will be the first automaker to use Amazon’s Alexa Custom Assistant, which can be tailored to … Read more
99% of PSA (Peugeot) shareholder votes were for approval of the deal with FCA; 99% FCA shareholders are voted for the merger later in the same day. Existing FCA shareholders will lose their existing double-voting rights, but otherwise, the deal is likely to be good for them. Peugeot has been able to completely stop gasoline … Read more
Jeep is finally set to sell the Grand Wagoneer and Wagoneer in the second quarter; based on the Ram, as the original Wagoneer was created with the Gladiator pickup, it should set new standards of luxury for Jeep, while, hopefully, maintaining strong off-road capability and durability. Jeep is also getting a brand new Grand Cherokee … Read more