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Automakers PSA, Fiat Complete Merger to Become Stellantis
January 17th, 2021 - 09:00 GMT

Automakers PSA, Fiat Complete Merger to Become Stellantis

French carmaker PSA and Italian manufacturer Fiat Chrysler (FCA) have completed their merger to create Stellantis, the world's fourth-largest carmaker, the two companies said on Saturday in a joint statement. Stellantis will be led by PSA chief Carlos Tavares and will compete with major international carmakers such as Volkswagen and Toyota, said dpa international. John Elkann, grandson of Fiat founder Giovanni Agnelli, is to head the board of directors. The ...
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