on Wednesday that the two auto giants will merge, creating the fourth-largest automaker in the world.
The two auto giants in October confirmed talks to combine — today's announcement includes the fine print, detailing the make-up of the combined entity. Fiat Chrysler had previously looked to merge with GM in 2015, which ultimately failed. Completion of the proposed combination is expected in 12 to 15 months. John Elkann will become group chairman, while Carlos Tavares will be group CEO. Fiat Chrysler CEO Sergio Marchionne died last year.
The merger means that the new company will overtake Ford in terms of value, as well as give Peugeot presence in North America.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
This is bs. Now I have to learn their vehicle systems too now? FML. Fiats suck to work on. Well at least our stuff will be faster in reverse now.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Fiat Chrysler, Peugeot owner PSA agree binding merger dealFiat Chrysler and Peugeot maker PSA said on Wednesday they had agreed on a bindi... Money Moves ... Don't Quote Me. That's the end of Chrysler.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
Dongfeng to reduce PSA stake in merger deal with Fiat: sourcesChina's Dongfeng Motor will have a reduced stake of around 4.5% i... 4(per) 1 penny Ante Up annieoakley RayVaughn4real
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
Fiat Chrysler and Peugeot sign deal for 50-50 mergerMILAN (AP) — Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto... Hopefully they go down in flames Mechanics across the globe rejoice.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »
Fiat Chrysler Agrees Binding Merger With Peugeot Maker to Create $50 Billion Auto GiantPeugeot maker PSA and rival Fiat Chrysler Automobiles have agreed a binding merger terms that include sweeteners to make the trans-Atlantic tie-up more attractive to U.S. regulators and PSA shareholders. I like Peugeot Bicycles I had one in Paris ... pretty durable
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
Fiat Chrysler, Peugeot owner PSA agree binding merger dealFiat Chrysler and Peugeot maker PSA said on Wednesday they had agreed on a bindi... Money Moves ... Don't Quote Me. That's the end of Chrysler.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »