MILAN (Bloomberg) -- Fiat and PSA/Peugeot-Citroen plan to invest more than 700 million euros ($900 million) on new delivery vans over five years to cut costs as they replace aging models at their joint plant in Italy.
MILAN (Bloomberg) -- Fiat and PSA/Peugeot-Citroen plan to invest more than 700 million euros ($900 million) on new delivery vans over five years to cut costs as they replace aging models at their joint plant in Italy.
Parts makers, dependent on vehicle production volume, hope automakers absorb tariff costs and pursue market share instead of raising prices and reducing output.