Peugeot family raises stake in French carmaker PSA to 14.38%

  • The holding company has said its investment is part of the forthcoming merger of PSA and Italian-American carmaker Fiat.
Peugeot brand logo. Photo for representational use only.
Peugeot brand logo. Photo for representational use only.

Peugeot family holding company FFP said on Wednesday it has raised its stake in French carmaker PSA by 2% to 14.38 percent%.

FFP also said in a statement it also holds 19.36% of PSA's voting rights.

The holding company said its investment was part of the forthcoming merger of PSA and Italian-American carmaker Fiat Chrysler Automobiles in a combined company to be called Stellantis.

Also check these Vehicles

Find more Cars
Citroen Basalt (HT Auto photo)
Engine Icon1199 cc FuelType IconPetrol
₹ 7.99 - 13.83 Lakhs
Compare
View Offers
Skoda Superb (HT Auto photo)
Engine Icon1984 cc FuelType IconPetrol
₹ 54 Lakhs*
Compare
Isuzu V-cross (HT Auto photo)
Engine Icon1898 cc FuelType Icon Diesel
₹ 25.52 - 30.96 Lakhs
Compare
View Offers
Bmw 2 Series Gran Coupe (HT Auto photo)
Engine Icon1998 cc FuelType IconMultiple
₹ 37.90 - 46.90 Lakhs
Compare
View Offers
Kia Sorento (HT Auto photo)
UPCOMING
Engine Icon3298.0 cc FuelType IconPetrol
₹ 25 - 30 Lakhs
Alert Me When Launched
Mahindra Marazzo (HT Auto photo)
Engine Icon1497.0 cc FuelType IconDiesel
₹ 14.39 - 16.80 Lakhs
Compare
View Offers

(Reporting by Matthieu Protard Editing by Chris Reese)

Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.

First Published Date: 10 Dec 2020, 15:21 PM IST
NEXT ARTICLE BEGINS

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city
Select a dealer

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.