Timeline: Fiat Chrysler and Peugeot merger marks next round of consolidation

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Timeline: Fiat Chrysler and Peugeot merger marks next round of consolidation
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Fiat Chrysler and Peugeot maker PSA on Wednesday reached a binding agreement for...

- Fiat Chrysler and Peugeot maker PSA on Wednesday reached a binding agreement for their roughly $50 billion merger, as the auto industry scrambles to develop zero-emissions vehicles and tackle slowing demand.

June 2018 - Ford and Volkswagen unveil an alliance in commercial vehicles, though they say they have no plans for an equity swap or cross-ownership structure. August 1, 2017 - General Motors sells European brands Opel and Vauxhall to PSA for 2.2 billion euros.

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