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France: Fiat and PSA agree Sevelnord terms

Fiat Group Automobiles (FGA) and PSA Peugeot Citroen have confirmed they have reached agreement on the transfer of FGA's shareholding in the Sevelnord joint venture to the French OEM. The two parties have entered into an agreement providing for the transfer of FGA's shareholding on or before 31 December 2012 at It’s time to log … Continued

Fiat Group Automobiles (FGA) and PSA Peugeot Citroen have confirmed they have reached agreement on the transfer of FGA's shareholding in the Sevelnord joint venture to the French OEM.

The two parties have entered into an agreement providing for the transfer of FGA's shareholding on or before 31 December 2012 at

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