Shareholders agree FCA/PSA merger
- 05/01/2021
- Posted by: Alan Feldberg
- Category: News
The proposed merger of FCA and Groupe PSA has been overwhelmingly approved by shareholders.
More than 99% of shareholders voted in favour of forming a new single company which will be called Stellantis.
It will combine 14 brands with an annual global production of about eight million vehicles and revenues in excess of £150bn.
The merger is expected to be completed on 16 January.
