Fiat Merger With PSA Creates a Hefty To-Do List for Tavares (1)

To drive home just how relentless he is about PSA Group cutting costs and eking out better earnings from car brands including Peugeot and Opel, Chief Executive Officer Carlos Tavares calls himself a “performance psychopath.”

Now that PSA has taken another step toward expanding his empire to include Fiat Chrysler Automobiles NV, there are a few potentially substantial orders of business for Tavares to consider tackling. Here are a few:

Reconsider U.K. Plant

The Vauxhall factory in England’s Ellesmere Port that PSA took over from General Motors Co. in 2017 is in serious jeopardy now that U.K. Prime Minister ...