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Fiat Chrysler and France's PSA Peugeot said Thursday they have agreed to merge to create the world's fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies. Italian-American Fiat Chrysler brings with it a strong footprint in North America, where it makes at least two-thirds of its profits, while Peugeot is the No. 2 automaker in Europe. Both lag in China, however, despite the participation of PeugContinue reading Fiat Chrysler, Peugeot announce merger as world's No. 4 carmaker



Fiat Chrysler, Peugeot announce merger as world's No. 4 carmaker originally appeared on Autoblog on Thu, 31 Oct 2019 08:09:00 EDT. Please see our terms for use of feeds.




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