From Reuters showed that Fiat – Chrysler (Fiat Chrysler) and PSA Group (PSA Group) have informed their employees, the merger agreement the two groups in the future will be a few weeks of the signing, it will be a binding merger agreement, which indicates that the world’s fourth largest automotive group is about to be born.
on Tuesday, when Reuters reported that more than 50 people involved in the development process of the agreement. Moreover, to the merger, FCA and PSA has established nine working groups, the FCA Group’s global business leader David Ostermann (David middot; Osterman) and PSA executive vice president of strategic planning and Olivier Bourges (Olivier middot; Borges) led the led. Italy and France are the two car companies are developing well planned to be the world’s fourth largest auto component group.
FCA Chairman John Elkann (John middot; Elkann)
[123 ]
FCA Chairman John Elkann (John middot; Elkann) last week, when said he was not worried that the US General Motors lawsuit against the FCA, he is also confident that a binding merger agreement with the PSA Group before the end of 2019.