Automakers

Fiat Chrysler, PSA tie-up: How will it work?

(Christopher Pike/Bloomberg)
Sr
By:
Staff report
December 19, 2019 11:18 AM

Fiat Chrysler Automobiles and PSA Group plan to merge in the biggest auto tie-up since Daimler's ill-fated purchase of Chrysler in 1998. The merger will help the two automakers to shoulder the costly investments in new technologies transforming the industry, creating the world's fourth-biggest automaker with a market value of about $47 billion.

Staying current is easy with newsletters delivered straight to your inbox.