India, Oct. 31 -- Collectively the two brands registered sales of 8.7 million units in the global market last year making the combination the fourth largest OEM in the world. Together the group will benefit from FCA's strength in North America and Latin America and PSA's strength in Europe
The cat's finally out of the bag! After endless rumours, FCA Group (Fiat Chrysler Automobiles) and PSA Groupe (Peugeot S.A.) have finally announced that the two companies are working on a 50-50 merger. The JV makes it among the largest automaker in the world with a combined revenue of $189 billion. Together, the two group companies create the fourth largest OEM with sales of 8.7 million vehicles in 2018 - 4.8 million units of the FCA Group and 3.8 millio...