Business
Stellantis becomes the world’s fourth biggest car maker in $52bn mega-merger – This is Money
A new mega deal to merge FCA and Groupe PSA has been completed today (16 January), finalising a deal that creates the world’s fourth largest manufacturer by production…
A new mega deal to merge FCA and Groupe PSA has been completed today, finalising a deal that creates the worlds fourth largest manufacturer by production volume.
Carlos Tavares, former PSA boss, will take the reigns of the newly formed company as CEO, while other managerial positions will be confirmed in the next weeks.
With annual production of around 8 million vehicles worldwide and revenues of more than 165 billion ($203 billion), Stellantis is expected to play a key role in the auto industry’s…
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