Fiat Chrysler-PSA merger plans not delayed by virus crisis, Elkann says

Fiat Elkann BB web.jpg — FCA Chairman Elkann told shareholders that his company and PSA expect to meet their objective of combining as a single company by the first quarter of next year. (Bloomberg/Bloomberg)

By:

Reuters

June 26, 2020 02:17 PM

MILAN -- The COVID-19 crisis has not delayed plans to finalize a merger between Fiat Chrysler Automobiles and PSA Group by the first quarter of next year, FCA Chairman John Elkann said.

Featured Stories

What automakers are saying about vehicle prices with tariffs in effect

Live updates on tariffs: Ford, Stellantis offer employee discounts; China retaliates; Mexico seeks solution

Elon Musk expands Texas empire with his own park, ‘ecological paradise’

Here’s our list of the 2025 Top 150 dealership groups

Latest News

Trump’s tariffs have GM autoworkers in Oshawa, Ont., on edge

Read the Automotive News Digital Edition for April 7

Elon Musk expands Texas empire with his own park, ‘ecological paradise’

Jaguar Land Rover is pausing exports to key U.S. market over Trump’s tariffs

Staying current is easy with newsletters delivered straight to your inbox.

See More in Executives

From the Newsroom: Inside Hyundai’s U.S. EV factory as tariffs shake up the auto industry

Nikola founder Trevor Milton pardoned by Trump after fraud conviction

Nissan’s next CEO Ivan Espinosa opens up on what makes him tick

Meet executives from Linamar, Hyundai, Stellantis, GM and more at the Automotive News Leading Women Conference

Staying current is easy with newsletters delivered straight to your inbox.