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Fiat Chrysler and Peugeot agree to $50 billion merger

GRAND PRIX 247 - 18 Dec 2019 20:59
Fiat Chrysler and Peugeot agree to $50 billion merger Fiat Chrysler and Peugeot maker PSA face the challenge of winning over regulators and delivering on a pledge to slash costs without closing factories after sealing a binding deal to create the world's fourth-biggest carmaker. Both tasks are likely to prove difficult, as two of the industry's oldest dynasties try to combine major European operations […]
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