Stellantis, the carmaker that owns the Jeep and Citroën brands, will launch twelve additional vehicles in India by 2030 and spend $421 million at current exchange rates over the next three years. The plan, called FaSTLAne 2030, was announced on October 15, according to Autocar India. Shailesh Hazela, managing director...
Stellantis Expands Its India Investment to Add New Jeep and Citroën Models
Car maker Stellantis that owns the Jeep and Citroën brands and bought Chrysler Corporation will invest an additional $421 million in India over the next three years. The money will fund twelve vehicles across the two brands: seven all-new models and five major upgrades. Shailesh Hazela, chief executive and managing director...
Automaker Stellantis to Expand Footprint in India
Amsterdam-headquartered automaker Stellantis will step up its presence in India by launching three new vehicles under the Citroen brand starting next year, said CEO Roland Bouchara. Stellantis was founded earlier this year after the merger of Fiat Chrysler and Peugeot maker PSA. These vehicles will be developed and produced in...
French Groupe PSA Launches Technical Center in India
PCA Motors India, subsidiary of Groupe PSA the French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroen, DS, Opel and Vauxhall brands, launched an India Technical Center in Chennai, Tamil Nadu. The Center will house the departments of Research and Development, Programs and Projects, a Global Purchasing...
Peugeot Buys India's Iconic "Ambassador" Car Brand
French automobile conglomerate PSA Peugeot Citroen (also known as the PSA Group), finalized a $12 million deal to acquire Hindustan Motors from parent company the C.K. Birla Group. Once known as the ‘King of Indian Roads’, the Ambassador car brand is the most iconic car of India. Modeled after the...