FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front of dealerships of the companies in Saint-Nazaire, France, November 8, 2019. REUTERS/Stephane Mahe/File Photo
FCA and PSA, which plan to finalise their merger by the first quarter of next year, both declined to comment. Its spin-off to FCA shareholders could also help address European Union concerns about the merger’s consequences on competition in the van segment.