Fiat Chrysler and PSA Merger

TATER1971

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"A new auto giant will make its New York trading debut Tuesday. Fiat Chrysler and PSA officially tied the knot on Saturday, creating Stellantis, the world’s fourth-biggest auto maker by production. The merger will give the new entity the scale needed to better compete in a rapidly changing industry that’s squarely focused on electrification and self-driving technologies. Company executives have already identified US$5.9 billion in annual cost savings—and that’s before any plant closures. We could see some significant changes at Stellantis, which starts out with 14 brands and a weak position in China, the world’s largest car market. Its new CEO, Carlos Tavares, said in November that "only the most agile, with a Darwinian spirit, will survive" the changes taking place in the industry."





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Dr. RGB

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I had a case of Stellantis a few months back. Just take some aspirin, and hydrate well. Symptoms of Stellantis include sluggish acceleration, wandering all over the road, and flu-like symptoms. Don't forget to wear your masks and socially distance, as to not allow Stellantis to spread.
 

The Last Cowboy

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There’s a big thread on this already.
 

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