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Rüsselsheim.  Electric plus emission-free plus energetic equals the new Opel Mokka. The German carmaker now reveals the second generation of its compact bestseller, a powerful, completely new Mokka that perfectly combines fun and modernity. It is capable of zero emission electric driving, it is highly efficient and more compact than ever – perfectly tuned for urban gyms as well as for safe Autobahn rides. “The new Mokka is a headturner and will change the perception of our brand! With the Mokka, we are reinventing Opel and introducing our design of the next decade. It shows everything the brand stands for today and in the future: the Mokka is fun, efficient and innovative in all respects. In addition, it perfectly embodies the Opel brand values – exciting, approachable, German – in the most progressive way. It is the first Opel that is electric right from its market start; a real proof that Opel goes electric”, said Opel boss Michael Lohscheller enthusiastically about the ne...

Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) and Peugeot S.A. (“Groupe PSA”) have today signed a binding Combination Agreement providing for a 50/50 merger of their businesses to create the 4th largest global automotive OEM by volume and 3rd largest by revenue. The proposed combination will be an industry leader with the management, capabilities, resources and scale to successfully capitalize on the opportunities presented by the new era in sustainable mobility. With its combined financial strength and skills, the merged entity will be particularly well placed to provide innovative, clean and sustainable mobility solutions, both in a rapidly urbanizing environment and in rural areas around the world. The gains in efficiency derived from larger volumes, as well as the benefits of uniting the two companies’ strengths and core competencies, will ensure the combined business can offer all its customers best-in-class products, technologies and services and respond wit...

Discussions have opened a path to the creation of a new group with global scale and resources owned 50% by Groupe PSA shareholders and 50% by FCA shareholders. In a rapidly changing environment, with new challenges in connected, electrified, shared and autonomous mobility, the combined entity would leverage its strong global R&D footprint and ecosystem to foster innovation and meet these challenges with speed and capital efficiency. The combination would create the 4th largest global OEM in terms of annual unit sales (8.7m vehicles) At its inception, the combined company would realize among the highest margins in the markets where it would operate, based on FCA’s strength in North America and Latin America and Groupe PSA’s in Europe The combination would unite the groups’ respective brand strengths across Luxury, Premium, Mainstream Passenger Car, SUV and Trucks & Light Commercial – making them stronger together The merged entity would bring together the companies’ ext...

OCTOBER 30, 2019 , LONDON, UK - Following recent reports on a possible business combination between Groupe PSA and FCA Group, Fiat Chrysler Automobiles N.V. (“FCA”, NYSE: FCAU /MTA: FCA), confirms there are ongoing discussions aimed at creating one of the world‘s leading mobility Groups. FCA has nothing further to add at this time.

Detroit and Paris, 6 March 2017  – General Motors Co. (NYSE:GM) and PSA Group (Paris:UG) today announced an agreement under which GM’s Opel/Vauxhall subsidiary and GM Financial’s European operations will join the PSA Group in a transaction valuing these activities at €1.3 Bn and €0.9 Bn, respectively.