Vans aren't glamorous, but they're key to EU blessing FCA-PSA merger
Filed under: Earnings/Financials,Plants/Manufacturing,Chrysler,Fiat,Peugeot,Minivan/Van,Commercial Vehicles
Their silhouettes don't stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger. European competition regulators are worried that Fiat Chrysler and Peugeot maker PSA's proposed merger may harm competition in small vans. With a total of 755,000 vans sold last year in Europe, the combined Fiat Chrysler (FCA) and PSA would get a markeContinue reading Vans aren't glamorous, but they're key to EU blessing FCA-PSA merger
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