Monday, 29th November 2021

Peugeot, Fiat said to explore venture to build cars in Europe

By Bloomberg
05 April 2019   |   9:00 am
PSA Group and Fiat Chrysler are reportedly exploring a partnership to build cars in Europe. Bloomberg has learned the companies are holding preliminary discussions to collaborate on the development of a super platform which is the basic underpinning of any vehicle. The joint venture would be seen as an attempt to reduce costs in a highly competitive region.