FCA To Merge With PSA
The French Ram is at hand???
Forum Discussion
FCA, Peugeot maker PSA Groupe plan 50-50 merger
"It's official: Fiat Chrysler Automobiles and PSA Groupe intend to merge operations.
The companies early Thursday announced their plans for a 50-50 joint shareholder-owned entity that they said would save $4.11 billion (3.7 billion euro) annually without plant closures. The companies would have combined revenues of $189.06 billion (170 billion euro) with profits of more than $12.23 billion (11 billion euro) based on 2018 figures."
"It's official: Fiat Chrysler Automobiles and PSA Groupe intend to merge operations.
The companies early Thursday announced their plans for a 50-50 joint shareholder-owned entity that they said would save $4.11 billion (3.7 billion euro) annually without plant closures. The companies would have combined revenues of $189.06 billion (170 billion euro) with profits of more than $12.23 billion (11 billion euro) based on 2018 figures."
