Stellantis, the merging in between Peugeot and also Fiat Chrysler Autos, came to be efficient on Saturday, January 16th. The globe’s fourth-largest carmaker has actually arised, a shock to no person.
For those of you that were asking yourself, Stellantis’ typical shares started trading on Euronext in Paris and also Mercato Telematico Azionario in Milan on Monday, while we were observing Martin Luther King Jr. Day. If you have a couple of dollars to extra, trading on the New York Supply Exchange starts today, and also the ticker icon is STLA.
The courtship of Groupe PSA by FCA has actually been covered formerly, with the statement of that at Peugeot will certainly run the program. To the majority of Americans, the 5 Groupe PSA brand names are slightly strange. Peugeot, Citroën, DS, Opel, and also Vauxhall. The FCA brand names, Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Lancia, Ram, and also Maserati, are fabled, some also legendary. This naturally asks the concern, why are the French running the program?
In a dancing evocative the marital relationship in between Nissan and also Renault, will this union create comparable outcomes? Will there be decreasing returns extra commonly spread, or is this mosting likely to be the international juggernaut that accomplishes supremacy in every market in which it has an entrance? Just time will certainly inform if the $38 billion offer dies like the remake of The Gong Program, or it sustains as the Eiffel Tower and also the Arc de Triomphe have.
[Images: Stellantis, Groupe PSA]