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PSA reportedly ditching its two tiny gasoline city cars ahead of merger

AMB News Reporter

News Reporter
Filed under: Chrysler,Fiat,Citroen,Peugeot,Hatchback,Budget,Lightweight

PSA is ending the production of Peugeot and Citroën small city cars, three sources told Reuters, withdrawing from an increasingly unprofitable market as its starts a strategic review ahead of its planned merger with Fiat Chrysler . While PSA had already agreed to sell its stake in its Czech joint venture with Toyota where the Peugeot 108 and Citroen C1 models are made, the decision to stop selling the gasoline cars altogether has just been taken, the sources said. "
Continue reading PSA reportedly ditching its two tiny gasoline city cars ahead of merger

PSA reportedly ditching its two tiny gasoline city cars ahead of merger
originally appeared on Autoblog on Thu, 15 Oct 2020 08:31:00 EDT. Please see our terms for use of feeds.

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Reuters

 

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