Megamergers Become a Possible Lifeline for Under-Pressure Car Industry

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The global car industry is in trouble. Fiat Chrysler and Peugeot are betting that a merger is a route to survival.

The tie-up would be the biggest car combination since Daimler and Chrysler two decades ago. Smaller deals followed, some of which have worked, like Fiat’s acquisition of Chrysler. But DaimlerChrysler’s messy divorce triggered an industry-wide reevaluation of the merits of big, full-blown mergers.

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I believe “Mitsubishi Corp” in the article is a typo for “Mitsubishi Motors”

Columbo liked his Peugot

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