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

2026 will be the battle of “RGB” in TV technology – what. the. heck. is. that?

If you're still catching up on Quantum Dots, OLED, Mini LED and are thinking that…

9 hours ago
  • Tech

NBN gets set for the final roll out of Fibre upgrades to another 600,000 homes

The NBN is getting ready to lock in the final stage of the Fibre to…

14 hours ago
  • Motoring

The stunning new BMW iX3 is a vision for the future realised as Neue Klasse comes to market

BMW has revealed the first new model to be designed and engineered under their 2025…

17 hours ago
  • Tech

Best in Smart Home – The SwannBuddy 4K Video Doorbell with AI wins at the IFA Innovation Awards

The SwannBuddy4K Video Doorbell with SwannShield™AI Voice Assistant has been given an Honouree accolade for…

1 day ago
  • Tech

360 degree security camera coverage and smart AI capabilities come to Reolink security lineup at IFA 2025

Reolink is a bit of an upstart when it comes to home security but having…

1 day ago
  • Lifestyle

LG unveil its AI plans for your home appliances at IFA 2025

LG has announced its vision for AI-powered living at IFA 2025 under the moniker “LG…

1 day ago