Groupe PSA and FCA agree to merge; 4th largest OEM by volume, 3rd by revenue

Green Car Congress
By mmillikinDec 18, 2019, 8:53 am146 pts
Fiat Chrysler Automobiles N.V. and Peugeot S.A. 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 companies said the their gains in efficiency derived from larger volumes, as well as…

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