A proposed merger between two automotive giants could result in a restructuring for their British-based operations.
PSA Group, the French owner of Peugeot, is set to join forces with its US-Italian rival Fiat Chrysler creating the world’s fourth largest car manufacturer. The deal, which came to light this week, will give rise to a business with a combined market value of $50bn (£39.9bn), with predicted annual sales of 8.7 million vehicles.…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
