News: Join our online trucking community today! ProTrucker.Net is a great trucking community and forum where drivers can chat and share information about the industry.

Author Topic: Fiat Chrysler Merges With PSA Group  (Read 18 times)

0 Members and 1 Guest are viewing this topic.

Offline FP

Fiat Chrysler Merges With PSA Group
« on: October 31, 2019, 09:33:42 AM »
Quote from:
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.

https://www.usatoday.com/story/money/cars/2019/10/31/fiat-chrysler-peugeot-merger-psa-groupe/4107384002/