Fiat, Peugeot unveil Stellantis logo in further step towards merger

MILAN: Fiat Chrysler and PSA on Monday unveiled the logo of Stellantis: the company resulting from their planned merger: in what the two car makers described as a further step towards the finalisation of the deal.

In December, Italian American Fiat Chrysler and French Peugeot maker PSA agreed to combine in a US$38 billion all-share deal to create the world's fourth-biggest carmaker, uniting brands such as Fiat, Jeep, Dodge, Ram and Maserati with the likes of Peugeot, Opel, Citroen and DS.

FCA and PSA in July said they had picked 'Stellantis' as a name for the merged group, adding it was in reference to the Latin verb"stello", which means"to brighten with stars". The names and the logos of the group's constituent brands will remain unchanged after the deal's projected close. FCA and PSA on Monday reiterated they expected to finalise the merger by the end of the first quarter of next year.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After long journey, Fiat Chrysler and PSA seal merger to become StellantisFiat Chrysler and PSA will seal their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough ... Being cancer-stricken and begging CPF Board to repay overdue debt; that which in any case cannot be done as the money had been commingled and funneled to private entity Temasek Holdings for Ho Ching to wager on unviable, untenable and ultimately, invariably doomed gambles Worst name ever
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

After long journey, Fiat Chrysler and PSA to seal merger to become StellantisFiat Chrysler and PSA will seal their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »