Fiat Chrysler/Peugeot merger to usher in ‘new era of sustainable mobility’

Fiat Chrysler Automobiles and Peugeot S.A.  have signed a binding Combination Agreement providing for a 50/50 merger of their businesses to create the 4th largest global automotive OEM by volume and 3rd largest by revenue. The  proposed  combination  will  be  an  industry  leader  with  the  management,  capabilities, resources and scale to successfully capitalize on the opportunities presented by the new era in sustainable mobility. With its combined financial strength and skills, the merged entity will be particularly well placed to provide innovative, clean and sustainable mobility solutions, both in a…

Read More