Blog Post
PSA & FCA complete merger to become Stellantis
The merger will create the fourth largerest fourth-largest automaker with combined annual sales of around 8.1 million vehicles.
The merger will create the fourth largerest fourth-largest automaker with combined annual sales of around 8.1 million vehicles.
Shareholders of Fiat Chrysler and PSA Peugeot decisively voted to merge the US-Italian and French manufacturers to create the world’s fourth-largest car company.
Groupe PSA (PSA) and Fiat Chrysler Automobiles (FCA) are reportedly set to win EU approval for their merger and create ‘Stellantis’.
Groupe PSA and Fiat Chrysler Automobiles have revealed that the corporate name of their new merger will be #STELLANTIS
Antitrust regulators in the European Union will make a determination on June 17 whether or not to clear the $50 billion merger between Fiat Chrysler Automobiles and PSA Group, Reuters reports.
The boards of PSA Group and Fiat Chrysler Automobiles (FCA) have each approved a binding agreement for a $50 billion merger, Reuters reports.
(more…)Italian-American firm Fiat Chrysler Automobiles has confirmed that it is in talks with French rival PSA – which owns Vauxhall – over a tie-up to create one of the world’s biggest carmaker.
The all-new model which will be launched around 3 years from now.
Since the acquisition of Vauxhall Motors by Groupe PSA, we have been working hard to turn around the fortunes of the brand and to address the performance of the commercial and manufacturing divisions.