Fiat-Chrysler gets credit upgrade from S&P ahead of merger


  • World
  • Tuesday, 12 Jan 2021

ROME, Jan. 11 (Xinhua) -- The near-term outlook for Italian-American carmaker Fiat-Chrysler is improving as it moves toward its merger with French rival Peugeot, with an improved credit rating and positive sales news from the company's biggest foreign markets.

The developments come amid calls for the Italian government to take a stake in Stellantis, the company that will be formed by the merger between Fiat-Chrysler and Peugeot.

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