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Automakers

PSA CEO is confident Fiat Chrysler merger is on track

Tavares: "The timetable of the merger with FCA is being strictly respected." (BENOIT TESSIER/REUTERS)
R
By:
Reuters
June 25, 2020 10:18 AM

PARIS -- PSA Group  CEO Carlos Tavares is confident that a $50 billion merger of the maker of Peugeot vehicles with Fiat Chrysler Automobiles will proceed as planned and deliver synergies of at least 3.7 billion euros ($4.2 billion).

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