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PSA will be merged into FCA

Discussion in 'Mopar News' started by T_690, Feb 26, 2020.

  1. Adventurer55

    Adventurer55 Well-Known Member

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  2. T_690

    T_690 Well-Known Member

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  3. MJAB

    MJAB Well-Known Member

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    Peugeot family launched some financial operations so to increase its share in PSA.
    Last move was to sign a contract with financial trader for "equity swap".
    They will pay up to Euro 200 million.

    For french stock market regulators swap equity is equivalent to have shares vote control. So their parteciaption is now equivalent to 13.59%.

    PSA - THE Peugeot start maneuvers to increase the participation - CarCar.news (at https://carcar.news/2020/03/13/psa-the-peugeot-start-maneuvers-to-increase-the-participation/ )

    FFP (famille Peugeot) passe au-dessus des 10% du capital de PSA - Boursorama (at https://www.boursorama.com/bourse/actualites/ffp-famille-peugeot-passe-au-dessus-des-10-du-capital-de-psa-efdf5284adf778cf3bd008c495834052?symbol=1rPUG )
     
  4. Powdered Toast Man

    Powdered Toast Man Move along, nothing to see here

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    Anyone else notice that Chrysler has been under different ownership at the start of every decade going back to 1990?
     
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  5. codypet

    codypet Well-Known Member

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    And Jeep into the 70s right?
     
  6. Zagnut27

    Zagnut27 Jeepaholic

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    It’s like some weird game of hot potato.
     
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  7. plymouth1

    plymouth1 Well-Known Member

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    Chrysler wasn't taken over until 1998
     
  8. 77 Monaco Brougham

    77 Monaco Brougham Active Member

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    I was having a decent morning...till you had to go and remind me of "The Occupation".

    Thanks...Thanks a bunch.:eek::D
     
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  9. plymouth1

    plymouth1 Well-Known Member

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    Sorry. Only good thing from it was RWD came back. I will always wonder what the company would look like if Eaton and all the other cronies didn't look at their personal gain and screw over the company
     
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  10. Beentherebefore

    Level III Supporter

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    RWD came back, the GEN III Hemi was developed, and, the Germans being big on Motorsports, Dodge was allowed to budget for re-entering NASCAR (and for increasing support in NHRA and open-wheel racing series).
     
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  11. 77 Monaco Brougham

    77 Monaco Brougham Active Member

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    OK!...ok...I get it.

    In the interests of fairness...I admit that two good things to come from The Occupation were the LX cars, and Mike Manley.
     
  12. Beentherebefore

    Level III Supporter

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    No arguments from me. Then that makes 5 good things that came from the "occupation" ;).
     
  13. Powdered Toast Man

    Powdered Toast Man Move along, nothing to see here

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    That's what I mean. 1990 they were Chrysler Group. 2000 they were DCX. 2010 they were FCA. 2020 they're PSAFCABCDEFG
     
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  14. Tony K

    Tony K Active Member

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    Fixed it for ya.
     
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  15. Powdered Toast Man

    Powdered Toast Man Move along, nothing to see here

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    Thanks. It's hard to keep track anymore. :D
     
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  16. Dave Z

    Dave Z It's me, Dave
    Staff Member Level III Supporter

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    LX cars were coming anyway. They would have had more window area, nicer interiors, and lower prices. Don't credit Daimler with the Hemi, either... that was coming.

    Jeep: Started out with Bantam inventing the thing. Then Willys and Ford made it during the war (based on Willys' design upgrades). Then Willys, then Kaiser, then AMC, then Chrysler...

    And Chrysler had its own changes: Maxwell, then Flanders, then WPC.
     
  17. Tony K

    Tony K Active Member

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    Ain't it the God-honest truth!
     
  18. 77 Monaco Brougham

    77 Monaco Brougham Active Member

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    Thanks for the correction.

    Now, I can scratch out those two items from my VERY short list of good things that happened during The Occupation.
     
    tlc likes this.
  19. Mr. Fusion

    Mr. Fusion Active Member

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    The headline may be hyperbolic, but I think the article contains some valid speculation on how COVID-19 could hamper the merger effort between PSA and FCA:

    Coronavirus could kill Peugeot merger with Fiat Chrysler

    [Mods: Feel free to move this under another discussion if necessary.]
     
  20. aldo90731

    Staff Member Level III Supporter

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    Now that the threat of COVID-19 has subsided in China, newscasts are showing assembly lines moving again. My question is: who is going to be buying autos in the foreseeable future?

    If our collective coronavirus containment efforts end up sending the global economy back to 1929, the focus of world governments is going to shift from regulating to reigniting economic activity.

    Also, coming out of this I see protectionism flaring up, resulting in massive changes to how our supply lines are currently set up. The more reason for PSA to want to have manufacturing and distribution in EU and in North America.
     
    #40 aldo90731, Mar 26, 2020
    Last edited: Mar 26, 2020
    Beentherebefore likes this.

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