Fiat Chrysler and Peugeot sign deal for 50-50 merger

📆 2019/12/18 19:16:00
📰 AP

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Fiat Chrysler and PSA Peugeot finalize terms of merger, creating fourth-largest automaker with annual sales of 8.7 million cars.

MILAN — 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 company.

No name for the new company has been decided, executives said in a conference call. Fiat Chrysler CEO Mike Manley will stay on, but it was not announced in what capacity.

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_Europe I never was a Chrysler fan so I will bring the marshmallows

Bought a French car twice. Didn't learn my lesson after the first one. Shame on me 🤦‍♂️

It’s the turducken of crappy auto makers

And will make the world's crappiest cars. ...

The most amazing thing about this merger is how a company that makes Fiats, Chryslers and Peugeots can sell 8.7 million units. 🤣

Total garbage. NEVER buy an Italian, or God forbid a French car.

Two (3?) vehicles I wouldn't be caught dead in...

Mechanics across the globe rejoice.

Hopefully they go down in flames

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