Approaching the completion of their 50:50 merger announced on 18 December 2019, Peugeot S.A and Fiat Chrysler Automotive today announced the corporate name of the new group
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While already holding a 51 per cent stake in the company, Mahindra’s Europe subsidiary has now purchased the other 49 per cent of Peugeot Motocycles as well
The deal with ALD Automotive ensures a two-pronged approach (booth sales and lease revenue) for Citroen in India
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