Fiat Chrysler and PSA get EU nod for $38bn merger

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

The deal will create the world’s fourth biggest carmaker with the merged entity to be called Stellantis

A Fiat Chrysler Automobiles sign at the headquarters in Auburn Hills, Michigan, the US. Picture: REUTERS/REBECCA COOK

The two carmakers are looking to the deal to help them tackle the industry’s dual challenges of funding cleaner vehicles and the pandemic. “Access to a competitive market for small commercial vans is important for many self-employed and small and medium companies throughout Europe,” European Competition Commissioner Margrethe Vestager said in a statement.

The merged entity, to be called Stellantis, will own brands such as Fiat, Jeep, Dodge, Ram and Maserati as well as Peugeot, Opel and DS.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie