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Stellantis born as Peugeot and Fiat complete merger

Stellantis is born as Peugeot and Fiat complete their merger

Stellantis is born as Peugeot and Fiat complete their merger AFP 1/16/2021 © Harold CUNNINGHAM Fiat-Chrysler and PSA are merging to form the fourth-largest automaker The merger of France s PSA and US-Italian rival Fiat Chrysler becomes official on Saturday, creating Stellantis, the world s fourth-biggest automaker by volume. The long-awaited 50/50 tie-up, which was delayed by the Covid-19 pandemic, is seen as crucial for the two groups to undertake the investment necessary to transition to clean car technology. The new company will bring together producers such as Peugeot, Citroen, Fiat, Chrysler, Jeep, Alfa Romeo and Maserati, each of which will continue under their own brand names.

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