Fiat Chrysler and Peugeot merger could be signed before Christmas - reports

The next step in the proposed US$50 billion ($73.5 billion) merger of Fiat Chrysler (FCA) and the PSA Group could be complete by the end of the year. According to internal emails seen by Reuters and Automotive News, the PSA Group and FCA have formed multiple working groups to come up with a legally-binding memorandum of understanding (MOU) for the merger.