Fiat Chrysler, Peugeot announce merger as world's No. 4 carmaker

Discussion in 'Car Related News Section' started by Halbot, Oct 31, 2019.

  1. Halbot

    Halbot Platinum Member

    Joined:
    Feb 1, 2016
    Posts:
    5,247
    Trophy Points:
    0
    Ratings:
    +35 / -0
    Filed under: Earnings/Financials,Government/Legal,Green,Hirings/Firings/Layoffs,Plants/Manufacturing,Chrysler,Fiat,Peugeot

    [​IMG] Fiat Chrysler and France's PSA Peugeot said Thursday they have agreed to merge to create the world's fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies. Italian-American Fiat Chrysler brings with it a strong footprint in North America, where it makes at least two-thirds of its profits, while Peugeot is the No. 2 automaker in Europe. Both lag in China, however, despite the participation of Peug
    Continue reading Fiat Chrysler, Peugeot announce merger as world's No. 4 carmaker

    Fiat Chrysler, Peugeot announce merger as world's No. 4 carmaker originally appeared on Autoblog on Thu, 31 Oct 2019 08:09:00 EDT. Please see our terms for use of feeds.

    Permalink | Email this | Comments

    Continue reading...
     
Loading...

Share This Page

Users Viewing Thread (Users: 0, Guests: 0)