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This is the wrong time to revise PSA-FCA merger financial terms

PSA CEO Carlos Tavares, left, and FCA's Mike Manley, are pictured at the announcement of the two automakers' memorandum of understanding in December. (FCA)
April 03, 2020 09:54 AM

If the merger between PSA Group and Fiat Chrysler Automobiles to create the world’s fourth-largest automaker had a certain logic when it was announced last Oct. 31, the case for a tie-up is even stronger now, with the auto industry on the verge of recession from the coronavirus pandemic.

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