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Fiat Chrysler-Peugeot S.A. seal $52 billion deal creating ‘Stellantis’

Fiat Chrysler-Peugeot S.A. seal $52 billion deal creating ‘Stellantis’

Lucknow: World’s eighth largest auto-maker, Fiat Chrysler (FCA) and Europe’s second largest vehicle manufacturer Peugeot S.A. came together by signing a deal worth $52 billion, on Saturday, creating Stellantis. It took over a year for the Italian-American and French automakers to finalise this multibillion deal, that too when the global