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PSA and FCA China woes will not be fixed by deal

Oct 4 PSA in China Dongfeng plant Bloomberg 1.jpg
PSA Group’s joint venture with Dongfeng lost more than $363 million in the first six months. (Bloomberg)
TY
By:
TIAN YING
B
By:
Bloomberg
|
October 30, 2019 10:40 AM

A merger of Fiat Chrysler Automobiles and PSA Group would do little to solve one of their biggest shortcomings: They have a very small presence in the world’s largest car market.

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