#Fiat Chrysler

.London, UK
The new company brings together PSA's Peugeot, Citroen and other brands with Fiat Chrysler's namesake brands. (Photo credit: Twitter/@FiatChrysler_NA)

  • The Fiat Chrysler-PSA merger was approved by more than 99% of the former's shareholders
  • Fiat Chrysler's chairman described the merger as a 'courageous step'
  • PSA shareholders have also backed the creation of the new company, "Stellantis"

.Washington D.C., DC, USA
Stellantis will be the fourth-largest automaker by volume and the third-largest by revenue.(Photo credit: Representative image/unsplash)

  • The merger was delayed due to the pandemic
  • The deal will allow Fiat Chrysler to strengthen its presence in Europe
  • The new firm will group producers such as Peugeot, Citroen, Fiat, Chrysler, Jeep, Alfa Romeo and Maserati