Groupe PSA Peugeot Citroën
The PSA Group, legally known as Peugeot S.A. was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhall brands. On 18 December 2019, PSA and Fiat Chrysler Automobiles (FCA) announced that they had agreed to the terms of a binding $50 billion merger. On 16 July 2020, both companies announced the new name for their merged operations, Stellantis. The deal closed on 16 January 2021. Stellantis is now the third largest automotive manufacturing company, behind only Volkswagen and Toyota.
Port Yarimca to handle PSA auto brands
Kocaeli, Turkey (Ports Europe) September 27, 2021 – Port Yarimca has won a tender with the international automotive Stellantis group. The port is located...
Málaga port sees improved September automotive traffic figures
Málaga, Spain (PortSEurope) October 27, 2020 – The port of Málaga has established itself as a hub for automotive traffic and in 2019 handled 71,196...
Vigo port sees auto transport down over 6% in March
Vigo, Spain (Ports Europe) May 22, 2020 – In the month of May, Vigo port saw a decrease in car traffic of -6.67% – vehicles manufactured locally...
Vigo port to restart Nantes-Saint Nazaire motorway of the sea service
Vigo, Spain (Ports Europe) May 22, 2020 – Following a two-month suspension due to the Covid-19 coronavirus crisis, the “Motorway of the Sea”...
Tanger Med-Algeciras port partnership keeps services operational
Algeciras, Spain (Ports Europe) May 12, 2020 – A close business relationship between the Spanish port of Algeciras and the Moroccan Mediterranean port of...
Logistics group GEFCO reports increased revenues in Q1 2019
Paris, France (PortSEurope) September 19, 2019 – GEFCO, the French logistics group, recorded revenues of €2,480.4 million for the first six months of...
Tanger Med could benefit from EBRD loan to PSA Peugeot
Tanger Med, Morocco (PortSEurope) September 10, 2019 – The European Bank for Reconstruction and Development (EBRD) has agreed to a €75 million...
PSA Peugeot Kenitra factory set for mid-year launch
Tanger Med, (PortSEurope) May 12, 2019 – French automaker PSA Peugeot aims to start production at its Kenitra factory in mid-2019, with CEO Carlos...
Vigo port to invest €50 million in expansion of Bouzas terminal
Vigo, Spain (PortSEurope) May 9, 2019 – Vigo port plans to invest €50 million ($56.1 million) in the expansion of the Bouzas terminal to improve service to...
Vigo port’s Bouzas terminal expansion not to have negative environmental consequences
Vigo, Spain (Ports Europe) April 26, 2019 – Vigo port authority president Enrique López Veiga has said that the extension of the Bouzas terminal is...
Ports included in updated Spain-Morocco bilateral agreement
Rabat, Morocco (Ports Europe) February 14, 2019 – During an official visit of King Don Felipe VI and Queen Dona Letizia of Spain to Morocco, a number of...
Free Trade Zone and Director of Groupe PSA plant in Vigo meet to discuss progress
Vigo, Spain (Ports Europe) February 12, 2019 – With the aim of contributing to consolidate the activity and employment of the French automotive Groupe...
EBRD to provide €7.5 million to Tuyauto Gestamp Morocco
Tangier, Morocco (Ports Europe) February 11, 2019 – The local automotive industry in Morocco has been boosted by the announcement from the European Bank...
Tanger Med port to strengthen maritime links with Vigo
Tanger Med, Morocco (Ports Europe) February 5, 2019 – Tanger Med port is committed to strengthening its maritime connection with Vigo port to increase...
GEFCO supplies wagons to PSA Kenitra plant in Morocco
Tanger, Morocco (Ports Europe) January 29, 2019 – GEFCO, a global operator in supply chain solutions and the European leader in automotive logistics,...
Tarragona port handles over 4,000 vehicles in less than 48 hours
Tarragona, Spain (Ports Europe) January 28, 2019 – The Port of Tarragona has managed more than 4,000 vehicles in less than 48 hours. At the port, the...
Volkswagen key to Portugal’s car industry
Lisbon, Portugal (PortSEurope) November 22, 2018 – Research by Germany Trade & Invest shows that German vehicle manufacturer Volkswagen AG is a key...