Wednesday, July 6, 2022
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FCA and PSA revise merger due to COVID-19

Fiat Chrysler and PSA announced plans to amend the merger that will launch Stellantis in 2021.  FCA announced in a press release that the amendments were made to address the liquidity impact on the automotive industry due to COVID-19. The companies plan to preserve the economic value with a 50-50 balance of the combined entity […]
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Josh Isley
Josh Isley
Josh Isley is a staff reporter for CBT News. Josh graduated from Auburn University with a Bachelor of Arts in Communication. He is experienced in reporting trends and news in the automotive industry.

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