Automakers

PSA-FCA deal brings together two of Europe's auto dynasties

(Regis Duvignau/REUTERS)
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By:
Tommaso Ebhardt, Ania Nussbaum and Daniele Lepido
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By:
Bloomberg
December 20, 2019 07:45 AM

Billionaire clans such as the Fords, Porsches and Peugeots tend to flock together. They rub shoulders in the back rooms of auto shows, mingle at high-society events and share trepidations about the auto industry's fate. But they rarely combine their fortunes, at least until now.

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