Fiat Chrysler and PSA merger official: Here’s why it matters

Fiat Chrysler Automobiles and Groupe PSA, the European behemoth behind Peugeot, Citroen, and others, will merge it’s been confirmed. The 50/50 deal will see the combined automakers become the fourth largest global OEM in terms of vehicle sales, together selling 8.7 million in 2018 alone. Combined 2018 revenues topped $187 billion. The deal comes as the automotive industry finds itself … Continue reading

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