Acquisition: In August, PSA Peugeot Citroën takes over Chrysler
Europe, made up of three automobile manufacturers-Chrysler France, Chrysler
UK and Chrysler Spain-and several foreign distribution firms. As a result,
PSA Peugeot Citroën becomes the leading European automaker.
Cooperation: with Fiat on the engineering and production of utility
vehicles in a jointly-held company, SEVEL (Société Européenne
de Véhicules Légers). Its production facility is based in
Val di Sangro, Italy.
