Motoring

Fiat Chrysler to merge with PSA group

As mooted last month Fiat Chrysler and the owner of brands such as Peugeot, PSA group was considering a merger. Now the pathway is open to a 50:50 partnership after discussions agreed on the creation of a new group.

The global deal will combine the strengths of both companies to help meet new challenges, mainly the electrification of vehicles and attempts at autonomous mobility. FCA had already pulled out of an earlier plan to join Renault.

The planed combo would create the 4th largest global OEM. The markets where the partnership would excel include FCA’s strength in North America and Latin America and Groupe PSA’s in Europe.

The portfolio of vehicles would be strong with Luxury, Premium, Mainstream Passenger Car, SUV and Trucks & Light Commercial covered. 

Both companies’ have extensive capabilities now and planed for the future when it comes to sustainable mobility, including electrified powertrains, autonomous driving and digital connectivity.

But terms such as “synergies” always mean one thing, job losses. Don’t lose sight of that.

Recent Posts

  • Tech

Corsair announce the Vanguard 96 mechanical gaming keyboards with integrated LCD screen and Elgate Stream Deck

Corsair has announced the new VANGUARD PRO 96 Hall Effect Gaming Keyboard and VANGUARD 96…

22 hours ago
  • Tech

Swann announces 2 new cameras in their EVO range

Swann has announced two additional cameras in their popular EVO range. The EVO Wireless 2K…

24 hours ago
  • Tech

Anker SOLIX has a new battery-powered portable electric cooler just in time for camping season — the Everfrost 2

Anker SOLIX has announced the Australian launch and availability of the portable electric cooler, the…

1 day ago
  • Tech

Australian pricing announced and pre-orders open for ROG Xbox Ally and ROG Xbox Ally X

After announcing the new ROG Xbox Ally and ROG Xbox Ally X gaming handhelds back…

1 day ago
  • Product News

Samsung Launches Expanded Galaxy Line-Up in Australia covering wearables, phones and tablets

Samsung has announced a new suite of devices heading to Australia from today, expanding their…

1 day ago
  • Tech

Samsung Galaxy S25 FE Review: A good phone at the right price

Samsung recently announced the new Galaxy S25 FE ahead of IFA, bringing a new more…

1 day ago