PSA offers to increase capacity for Toyota to win EU approval for FCA merger, report says

By:

Reuters

September 25, 2020 03:14 PM

PSA has offered to boost rival Toyota to try to address European Union antitrust concerns about its plan to merge with Fiat Chrysler Automobiles, people familiar with the matter said.

Featured Stories

Manufacturing

Tariffs explained: How Trump’s duties affect the global auto industry

Everything you need to know about the Trump administration's impact on the auto industry, from tariffs on vehicles and parts to automaker responses.

Sales

Toyota, Ford, Honda, Hyundai, Kia post higher U.S. sales gains, but Subaru’s streak ends

By:

David Phillips

Toyota, Ford, Honda, Hyundai, Kia post higher U.S. sales gains, but Subaru’s streak ends

Tesla

Tesla’s superfans and skeptics eagerly watch high-risk robotaxi rollout this month

By:

Laurence Iliff

Tesla’s superfans and skeptics eagerly watch high-risk robotaxi rollout this month

Toyota

Toyota, Akio Toyoda make $33 billion bid to take key group supplier private

Latest News

News Analysis: How VW, Audi, Mercedes, Porsche can bounce back against rising Chinese rivals, Trump tariffs, uneven EV demand

BMW-backed Ionity starts Europe rollout of 600 kW EV chargers

Court rulings could give auto industry much-needed clarity on tariffs, suppliers say

Toyota, Ford, Honda, Hyundai, Kia post higher U.S. sales gains, but Subaru’s streak ends

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

See More in Automakers

Honda Canada certifies used vehicles up to 10 model years old amid affordability challenge

BMW, Mercedes, VW said to be in talks with U.S. over possible tariff deal

Cars & Concepts: New and refreshed offerings from Kia, Subaru, Lexus, more

BYD’s latest incentives dim industry outlook for profits

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