Here's all you need to know about FCA & PSA merger - Stellantis

Here's all you need to know about FCA & PSA merger - Stellantis

KUALA LUMPUR: For those of you who aren't aware, Stellantis is the name of the high-profile merger between Fiat-Chrysler (FCA) and Peugeot-Citroen (PSA). With its headquarters in the Netherlands, the eventual conglomerate on establishment would be the world's fourth-largest automotive manufacturer comprising of the following brands- Jeep, Citroen, Ram, Chrysler, Vauxhall, Dodge, Lancia, Peugeot, DS, Alfa Romeo, Abarth, Fiat, Maserati, and Opel.

Speaking figuratively, the said FCA and PSA consolidation is worth US$38 billion and would save a total of US$4.22 billion individually for each brand annually, without the closure of any manufacturing plant.

As for Stellantis management, FCA and PSA existing heads - John Elkann and Carlos Tavares would serve as its Chairman and CEO respectively.

FCA & PSA merger

Moving a step forward, we now have the final version of Stellantis logo. In its finished form, the design gets dotted starburst patterns around the letter ‘A’ of the Stellantis wordmark that was revealed in July.

Further, the Stellantis group is waiting for final approval from the European Union and shareholders that'll make sure that the merger does not break any antitrust law.

The merger along with all the paperwork and documentation is expected to be finalised in the first quarter of 2021.

Also Read: PSA platform will now underpin FCA small cars

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