Shareholders in Fiat Chrysler Automobiles (FCA) and PSA Group are expected to approve the deal, paving the way for the US$52bil deal to be completed by the end of March.
WHEN Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he will quickly need to revive the carmaker’s fortunes in China, rationalise a sprawling global empire and address massive overcapacity.
The former rally driver has proved his mettle by turning around France’s biggest carmaker but will have his work cut out once it merges with its Italian-American rival to create Stellantis – the world’s fourth biggest automaker.
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