kakatiya Posted January 16, 2021 Report Posted January 16, 2021 Fiat Chrysler, PSA Group merge to create new auto-making behemoth The newly formed auto maker, called Stellantis, to start trading Monday in Europe and Tuesday in New York Quote
sunnam Posted January 16, 2021 Report Posted January 16, 2021 US vallu oppukunnara merging ki. i thought they still need approval from US regulators. Quote
kakatiya Posted January 16, 2021 Author Report Posted January 16, 2021 There will be repercussions. Stellantis will start life with seven FCA brands and another four from PSA. That seems unmanageable. Every merger creates duplication and results in the death of products, brands, positions, plants, and plans. PSA Group CEO Carlos Tavares, who becomes CEO of Stellantis, has a history of turning brands and companies around with tough cost targets and the discipline to axe where necessary. Quote
kakatiya Posted January 16, 2021 Author Report Posted January 16, 2021 Just now, sunnam said: US vallu oppukunnara merging ki. i thought they still need approval from US regulators. Inevitable Quote
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