Peugeot owner 'in merger talks with Fiat Chrysler'

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Reports suggest the carmakers are exploring a tie-up to create a near $50bn US-Europe auto giant.

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A deal between the two carmakers would create a business with a combined market value of nearly $50bn . The potential merger, first reported by the Wall Street Journal, would face significant political and financial hurdles.However, if the two companies do combine, PSA chief executive Carlos Tavares is expected to lead the enlarged group.PSA chief executive Carlos Tavares may lead the combined group, according to reports

A merger of the two groups would bring a number of brands under one roof including Alfa Romeo, Citroen, Jeep, Opel, Peugeot and Vauxhall.The talks come months after a proposed tie-up between Fiat Chrysler and French carmaker Renault collapsed.

 

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Aren’t Peugeots shit enough already? Surely no one would be dumb enough to think Fiat Chrysler would be a good move? Even China makes better cars than Fiat Chrysler 🤣🤣🤣

moi_tries this is your Swiss car right?

I used to own a Peugeot can I enter into merger talks?

Yikes! I don’t know about this.

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 /  🏆 3. in JP

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