Stellantis: Merger of Fiat-Chrysler and Peugeot groups announce new name
Wednesday, July 15, 2020
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Stellantis will be the new name of the fourth biggest car company in the world, after conglomerates FCA and PSA merge to form one giant car manufacturing group. Fiat-Chrysler Automobiles (FCA) is the umbrella group name for Fiat, Chrysler, Jeep, Ram, Dodge, Alfa Romeo, Lancia, and Maserati. Peugeot Group (PSA) is the owner of Peugeot, Citroen, Opel, and Vauxhall. The US$50 billion (AU$71.5B) merger of the two groups will create the fourth largest car company in the world.
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