PSA eyeing Fiat Chrysler or JLR for potential acquisition!

PSA eyeing Fiat Chrysler or JLR for potential acquisition!

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Hellbound

Original Poster:

2,500 posts

177 months

Wednesday 20th March 2019
quotequote all

https://uk.motor1.com/news/314247/psa-could-buy-fc...

PSA Group, the second-largest Europe-based automaker in 2018 measured by sales numbers, is targeting even more acquisitions. After taking over the control of Opel and its British subsidiary, Vauxhall, nearly two years ago, the French company wants to expand its business by reportedly eyeing Fiat Chrysler Automobiles or Jaguar Land Rover as its next acquisition targets.


GM also seen as a potential strategic partner.



Original story (French):
https://www.lesechos.fr/industrie-services/automob...

I couldn't imagine JLR falling into French Government ownership.

Actually, post Brexit I could very well imagine it happening. HQ relocated to the Netherlands or Dublin with production moved to Austria and France.