There are reportedly high-level talks regarding a merger of Fiat Chrysler (FCA) and the PSA Group, which could create a new automaker valued at around US$50 billion ($73 billion). Sources have told the Wall Street Journal the two parties are discussing an all-share transaction. Should such a deal occur, PSA CEO Carlos Tavares would lead the newly merged automaker, while John Elkann, and head of the Agnelli family which holds a controlling stake in FCA, would become its chairman.
Related Posts :
2023 Mercedes-AMG GT coupe spied for the first time
Mercedes-AMG has commenced testing of the next-generation GT coupe, now paired with its legendary SL roadster.
The next-gen… Read More...- 2022 Skoda Enyaq Coupe iV revealed with 220kW RS flagship, no closer to Australia
Skoda has compressed the roofline of its first dedicated electric car, creating the more aerodynamic Coupe body style – and in doing so int… Read More...
- Alpine GT X-Over electric SUV due by 2025, next A110 to go electric
Renault’s electric performance car brand Alpine has named its new SUV and sports car, ahead of their launches – alongside a pint-sized hot … Read More...
- Renault, Nissan and Mitsubishi: Not every car will be a copycat design, “leader follower” scheme explained
Affiliated car brands Renault, Nissan, and Mitsubishi will work closer than ever before on their next-generation vehicles – but key models … Read More...
- 2022 Cupra Ateca features detailed for Australia
Cupra has begun sharing equipment details of its Australian model range – starting with the Ateca small SUV, available in one fully-loaded … Read More...
0 Response to "Fiat Chrysler in merger talks with Peugeot - report"
Post a Comment