Fiat Chrysler and PSA seal merger to become Stellantis

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Italian-American-French company becomes the world's fourth-largest auto group

18 January 2021 - 10:07This is the new logo of the Stellantis group, which incorporates Fiat Chrysler and Peugeot Citroën. Picture: REUTERS, the world’s fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen.

Brands housed under Stellantis include Peugeot, Citroën, DS, Opel, Vauxhall, Alfa Romeo, Fiat, Lancia, Maserati, Dodge, Jeep, Chrysler, RAM and Abarth., which will be headed by current PSA CEO Carlos Tavares, start trading in Milan and Paris on January 18, and in New York on January 19. Marco Santino, a partner at consultants Oliver Wyman, said he expects Tavares to disclose the outlines of his action plan soon, but without divulging too many details at first.

 

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