Fiat Chrysler, Peugeot owner agree binding $50 billion merger deal

) have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry.

That will be all the harder with politicians and strong labour unions in both France and Italy worried about job losses at a combined business that will employ around 400,000 people. PSA and FCA announced preliminary plans six weeks ago for a 50-50 all-share tie-up that will rank as the world’s fourth-largest automaker behind Volkswagen, Toyota and the Renault-Nissan alliance.

They have yet to say precisely how they plan to tackle that potential excess, and which car platforms - or underlying vehicle structures - they will focus on, only detailing that most production would be concentrated on two platforms.

Puegeot 206 part 2

Not again... last mergers passed & we still on fossil fuel. More lay offs fatter pay check for CEOs.

So PSA cars will have Fiat quality or Fiat Cars will have PSA quality?

Fiat will destroy PSA, mark my words.

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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
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »

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.
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »

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.
منبع: AP - 🏆 728. / 51 ادامه مطلب »

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
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