Dec 18, 2019ACQUISITIONFrance Groupe PSA and FCA agree to merge to form Stellantis
Groupe PSA and Fiat Chrysler Automobiles (FCA) agreed to merge, creating the 4th largest global OEM by volume and 3rd largest by revenue, with annual sales of 8.7 million units.
Value
$761.4M (685.0M EUR)
Productsvehicles
“New entity will have the leadership, resources and scale to be at the forefront of a new era of sustainable mobility”stellantis.com
- 3 sources
- stellantis.comGroupe PSA and FCA agree to merge | StellantisDec 18, 2019
- autotechinsight.spglobal.comGroupe PSA and FCA agree to merge; sign binding ‘Combination Agreement’ - Automotive Technology Insight | Forecasts | Industry News | Supply ChainDec 18, 2019
- yicaiglobal.comChina's Dongfeng to Cut PSA Stake, Hold 4.5% of Merged PSA, Fiat ChryslerZhang YushuoDec 20, 2019
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