PSA and Fiat Chrysler set to announce merger MOU

PSA and Fiat Chrysler set to announce merger MOU

French car manufacturer PSA and Fiat Chrysler will on Wednesday (Dec 18) announce a memorandum of understanding for a mega-merger to create the world's fourth-largest auto producer, a source close to their talks said.
PSA and Fiat Chrysler unveil merger of equals

PSA and Fiat Chrysler unveil merger of equals

PSA and Fiat Chrysler unveiled Thursday (Oct 31) a plan for a 50-50 merger of their operations to create the world's fourth-largest car manufacturer that would generate billions in savings without factory closures.