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

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

What automakers are saying about vehicle prices with tariffs in effect

Young technician grateful for his mentor

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Will Carvana be ready for the next market shift with tariffs? Confidence is there

Latest News

Jaguar Land Rover is pausing car exports to U.S. on tariffs

Tesla’s software engineering head is said to depart EV maker

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Live updates on tariffs: Ford, Stellantis offer employee discounts; China retaliates; Mexico seeks solution

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

See More in Automakers

Don Romano’s ‘wild ride’ at Hyundai Canada

U.S. senators seek to rein in Trump tariff authority

Europe reacts as Trump’s 25% auto tariffs take effect

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

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