The tie-up, which was announced late last year and planned to be completed in early 2021, will create Stellantis, set to be the world’s fourth-largest automaker in terms of volume, and number three in terms of sales.
Brussels was worried the merger could effect Europe’s lucrative market for vans, which are technically easy to manufacture but sell at good prices. “In the other markets where the two automotive manufacturers are currently active, competition will remain vibrant after the merger.”