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Cars Stellantis: Peugeot and Agnelli tighten their links

12:50  15 april  2021
12:50  15 april  2021 Source:   europe1.fr

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MILAN (Reuters) - Italy's Agnelli and France's Peugeot (OTC:PUGOY), the largest shareholders in Stellantis , have signed a consultation agreement, holding companies representing the two families said on Wednesday, on the eve of the carmakers' first annual general meeting. Exor (OTC:EXXRF) and Peugeot 1810 said in a joint statement they had entered an understanding "aimed at strengthening the relations between the Agnelli and Peugeot families and to provide support for Stellantis in its long-term success". The accord will allow the two companies to exchange views, while leaving them free to

Stellantis N.V. is a multinational automotive manufacturer headquartered in Amsterdam, the Netherlands, which was formed by the 2021 merger of Italian-American company Fiat Chrysler

Stellantis : les Peugeot et les Agnelli resserrent leurs liens © SP / PEUGEOT Stellantis: Peugeot and Agnelli tighten their links exor (Agnelli family) and Peugeot 1810 have concluded a reciprocal consultation agreement on Stellantis, of which they are Among the main shareholders.

The Agnelli and Peugeot reinforce their relationships, with the aim of supporting stellantis in its long-term success. On the occasion of the first Annual General Meeting of Stellantis (derived from the merger between PSA and Fiat Chrysler), Exor and Peugeot 1810, two important shareholders of the car manufacturer, announce that they have concluded a reciprocal consultation agreement for the purpose strengthen relationships between Agnelli and Peugeot families. The aim focuses on promoting freely exchange but does not provide for any obligation on the exercise of voting rights or coordinated actions for their respective rights and obligations as ACLantis .

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Present in almost 160 countries with more than 10,000 points of contact, Peugeot is the world’s only brand to offer a complete mobility offering (cars, scooters, bikes) together with a wide range of services. These cookies are essential for websites and their features to work properly.

MILAN (Reuters) - Italy's Agnelli and France's Peugeot , the largest shareholders in Stellantis , have signed a consultation agreement, holding companies representing the two families said on Wednesday, on the eve of the carmakers' first annual general meeting. Exor and Peugeot 1810 said in a joint statement they had entered an understanding "aimed at strengthening the relations between the Agnelli and Peugeot families and to provide support for Stellantis in its long-term success". The accord will allow the two companies to exchange views, while leaving them free to vote as they choose and not

EXOR and

PEUGEOT 1810 will remain free at any time to exercise their voting rights in Stellantis autonomously and independently, in their sole discretion, and without being bound by the discussions that could keep between them. These meetings will also be an opportunity for representatives of both families to evoke common topics of interest, such as good practices in the conduct of family affairs.

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Rennes. The PSA-Stellantis factory returns to production, after nine days of stop .
© Lucie Weeger / Archives West-France near Rennes, in Chartres-de-Bretagne, the PSA-Stellantis factory usually manufactures 5008 and C5 AIRCROSS. It's a breath that will last two days. As of April 19, 2021 because of a piece shortage, the production lines of PSA-Stellantis, Chartres-de-Bretagne, near Rennes, were able to resume production. Employees will also work Thursday, April 29, but the company has no more visibility as to the recovery of the activity.

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