Fiat Chrysler looks set to merge with PSA - News Summed Up

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Fiat Chrysler looks set to merge with PSA


Damien O'Carroll A merger between FCA (Fiat and Chrysler) and PSA (Peugeot and Citroen) would make the 4th largest carmaker in the world, but would it work? With 2,640 dealers across the U.S., Fiat Chrysler would be a ready distribution network for Peugeot and other PSA vehicles. PSA even could remain separate from Fiat Chrysler brands by selling in underutilised Fiat and Alfa Romeo dealerships. There is a large overlap in the types of smaller cars and sedans built under the Fiat, Peugeot, Citroen and Opel marquees. Fiat Chrysler, which produces four Jeep models in a joint venture with the Chinese company GAC, saw sales dropped 24 per cent to 163,000 in 2018.


Source: Stuff October 31, 2019 18:20 UTC



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