News Formal

Fiat Chrysler, PSA to emerge as Stellantis following merger next year

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Italian-American carmaker Fiat Chrysler Automobiles and France's Peugeot owner PSA will be called Stellantis after they merge, the automakers said

Stellantis is derived from the Latin verb “stello”, which means “to brighten with stars,” the companies said.

The names and the logos of the group’s constituent brands will remain unchanged after the deal’s projected close in the first quarter of 2021. In December, Fiat Chrysler and PSA agreed to combine in a $50 billion all-share deal to create the world’s fourth-biggest carmaker, and unite brands such as Fiat, Jeep, Dodge, Ram and Maserati with the likes of Peugeot, Opel and DS.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Call it bankruptcy Save us all the time

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines

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

FCA to change name to Stellantis after merger with PSA in 2021Fiat Chrysler Automobiles and Peugeot S.A. together will become 'Stellantis' after their merger is complete next year, the companies announced. Um ok. That's catchy. ;) What marketing genius comes up with these names? Whether it's corporations or prescription drugs, I swear they must use a computer program that just spits out random strings of syllables, then somebody picks one they think is catchy.
Source: USATODAY - 🏆 100. / 63 Read more »