Fiat-Chrysler and Peugeot-Citroën groups set for European approval – report

A high-profile merger between FCA (Fiat-Chrysler) and PSA (Peugeot-Citroën) is reportedly set for approval by the European Commission. News outlet Reuters reported earlier this week that sources close to the matter confirmed the approval was imminent. Headquartered in the Netherlands, the eventual conglomerate – to be known as Stellantis – will comprise Citroën, Chrysler, Peugeot, Fiat, Dodge, Abarth, Alfa Romeo, DS, Jeep, Lancia, Maserati, Opel, Ram, and Vauxhall.