PSA-FCA merger terms should not be revised, Tavares says

PSA agm 2020 Gallois, Tavares.jpg — PSA's 2020 annual meeting was held without the physical presence of shareholders due to the coronavirus pandemic. Pictured are company Chairman Louis Gallois, left, and CEO Carlos Tavares. (PSA)

June 25, 2020 02:14 PM

PARIS -- PSA Group CEO Carlos Tavares pushed back against suggestions that the terms of its merger agreement with Fiat Chrysler Automobiles should be revised because of the impact of the coronavirus crisis.

Featured Stories

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

What vehicle parts are now subjected to tariffs? Powertrain, suspension, safety and more

MSRP and dealers and finance, oh my! Why tariff price impacts may vary

Here’s our list of the 2025 Top 150 dealership groups

Latest News

Yukon cuts Elon Musk’s companies from rebates in response to U.S. tariffs

Toyota puts $7,900 premium on GR Supra final edition for $69,085 sticker price

Live updates on tariffs: Reactions and fallout as auto tariffs take effect

Stellantis laying off nearly 1,000 workers in U.S. as tariffs pause production at some plants in Canada, Mexico

Staying current is easy with newsletters delivered straight to your inbox.

See More in Executives

From the Newsroom: Inside Hyundai’s U.S. EV factory as tariffs shake up the auto industry

Nikola founder Trevor Milton pardoned by Trump after fraud conviction

Nissan’s next CEO Ivan Espinosa opens up on what makes him tick

Meet executives from Linamar, Hyundai, Stellantis, GM and more at the Automotive News Leading Women Conference

Staying current is easy with newsletters delivered straight to your inbox.