World News – UK – FCA, PSA Group plan to hold general meetings to complete merger

The merger between Fiat Chrysler Automobiles and PSA Group is reportedly going smoothly. The parties involved announced general meetings for their respective shareholders on Wednesday. The summit is scheduled for 4. January, « to approve the merger of their companies to enable the creation of Stellantis, which will become the fourth largest automaker in the world by volume, » said a joint press release.

Draft resolutions and the general agenda that will be put to the vote of shareholders in each company, as well as the conditions for attending relevant meetings, will be announced on April 23. Opened to the public on November. We will also be awaiting regulatory approvals in South America and Europe, the latter of which appears to have already been processed.

The duo have already released the rather bland Stellantis logo, which is as generic as possible, and made concessions to pacify markets concerned about how the merger could affect competitiveness. This includes measures to avoid market dominance in the case of antitrust violations in the European commercial vehicle sector and some similar concessions in Brazil.

Stellantis has now been approved by several antitrust authorities in the USA, China, Japan and Russia. The company’s management has already announced that the merger should be completed by the end of the first quarter. At the current pace of business, this seems entirely possible.

After its establishment, Stellantis will have its headquarters in Amsterdam. However, regional headquarters in Auburn Hills, Paris and Milan will continue to exist.

Do not use Stellantis if you are pregnant or trying to become pregnant. Side effects include constipation, rash, diarrhea, dizziness, drowsiness, headache, insomnia, nausea, thoughts of suicide, arrhythmia, internal bleeding, cancer, and priapus. Invalid if prohibited. Results may vary.

Awesome comment. But what we really want to know is where are the synergies coming from? I imagine the biggest overlap will be small cars in Europe and Brazil, but what will the Opel lineup do with Dodge and Chrysler in the US? Will we see a Stellantis « Buick » here?

Stellantis n its role is similar to Alphabet. Have you ever seen products with the Alphabet branded on, or even what the Alphabet logo looks like?

@Inside Looking Out: That’s good. You know, I had never seen the alphabet logo myself before. You need to go to https: // abc. xyz to see it.

It is red like communist China. Google is full of Chinese spies and Alphabet is secretly owned by PLA. I wonder how Russia missed the opportunity to own Google since one of its two founders is a Russian agent. It was secretly planted by FSB in the US when it was born.

Branding Opel or Peugeots as Chrysler or Dodges does not fit the image and reputation that Chrysler and Dodge have historically earned. Can Plymouth Revive?

The Hillman Avenger was sold as the Plymouth Cricket in the US. It was also made by PSA Peugeot Citroen so there is a bit of history there.

The comments on the Rare Ride Jeep Comanche mentioned the Peugeot five-speed manual gearbox used in them, so it has shared parts in the past. Now there will be more platform sharing.

Yes, Peugeot has Chrysler Rootes and all of its divisions like Humber, Commer, Hillman, Karrier, Singer, Sunbeam, Talbot and other continental brands like Simca etc.. accepted.

I have fond memories of going to my local Chrysler Plymouth Imperial dealer with my dad to buy a part for his 63 Valiant and seeing a couple of Simca 1100’s outside the lot next to the hull Chrysler and Parked were a superbird.
The Dodge dealer down the street had a couple of the post roadsters, also known as compact Barracuda Alpines, parked in front of the house.

Only we classic cars remember the history of Dodge / Chrysler. The younger generations know little or nothing about US history, let alone automotive history.

You must be related to the same boomer who insulted me and said a clean car was « a generational thing » after I praised its cleanliness. Not all of us are Facebooking, Tweeting, and Tik Toks mindless idiots. I prefer not to be in the same breath with guys like this, especially considering that history of all kinds is a true passion of mine. I certainly didn’t go through all four series of The Decades, a 10-part series about the Vietnam War and two eight-part miniseries about World War II because I ran out of avocado toast. I know who John and Horace Dodge were, that Henry Ford II was not Henry Ford’s son, and that Walter Chrysler was from his humble beginnings in Kansas because he wouldn’t take no for an answer. I even know who Dick Teague was.

Everyone please stop the intergenerational war. We are because we love the machines and want to stay up to date on the industry news. The establishment is already working overtime to separate us on race, ethnicity, religion, culture, class, politics, gender and education . . .
Divided we are weak – united we are unstoppable.
😉

« Your move ». You think this is a game “Go away, boy. You are bothering me. ”-W. C.. . Fields, 1941.

The « A » in the Stellantis logo is clearly a series of train tracks receding in the distance. Railway tracks as in local transport. And covered in sprinkles and glitter.

(Or maybe it’s normal train tracks and we’ll all be hobos soon. But hobos with glitter. )

[The alternative theory is that the “A” is the nose cone of a DPRK-ICBM – open at the top because the end phase has started – and sparkling because radiation. But I’m sorry I mentioned it. Please focus on sprinkles. ]

Fiat Chrysler Automobiles, Groupe PSA, Peugeot, Mergers and Acquisitions, Prospectus