Automakers

FCA, PSA seek to boost cash before merger

FCA PSA 2 rtrs web_4.jpg
(Stephane Mahe/REUTERS)
PB
By:
PAMELA BARBAGLIA, GIULIO PIOVACCARI AND GWENAELLE BARZIC
|
R
By:
Reuters
April 07, 2020 10:14 AM

With their sales decimated by the coronavirus outbreak, Fiat Chrysler Automobiles and PSA Group have postponed their shareholder meetings and are looking at ways to boost cash reserves ahead of their planned merger.

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