Fiat Chrysler-PSA merger faces EU probe over van concerns

BRUSSELS -- A proposed merger of Fiat Chrysler Automobiles and PSA Group may harm competition in the small vans sector in 14 EU countries and Britain, EU antitrust regulators said on Wednesday as they opened a four-month investigation into the deal.

The companies want to create the world's fourth-biggest automaker to help offset slowing demand and share the cost of making cleaner vehicles to meet tougher emissions regulations.