Fiat Chrysler and PSA Peugeot agree £35bn merger

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Deal between Italian- and French-run firms creates industry’s fourth-largest carmaker

The boards of Fiat Chrysler Automobiles and PSA Peugeot, which also owns the Vauxhall and Citroën brands, have approved a €40bn merger of the two companies that will create the world’s fourth-biggest carmaker.

 

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Halloween is the perfect time to announce the merger of two horrifically bad car companies.

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