Automakers

PSA-FCA deal terms hinge on strength of recovery, Tavares says

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PSA Group CEO Carlos Tavares (BLOOMBERG)
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By:
TARA PATEL and NEJRA CEHIC
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By:
Bloomberg
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July 28, 2020 07:15 PM

PSA Group CEO Carlos Tavares said the strength of recovery from the coronavirus pandemic will determine whether a planned combination with Fiat Chrysler Automobiles can move ahead under terms agreed to last year.

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