Fiat Chrysler, PSA merger complete; Stellantis formed

Stellantis is the fourth-largest automobile group in the world. It has industrial operations in over 30 countries across the world and the capability to cater to over 130 markets.

The merger of Fiat Chrysler and PSA has been completed. Stellantis - the new entity formed by this merger, has its headquarters in Amsterdam, Netherlands.

The company has 11 members on its board of directors with John Elkann as chairman and Carlos Tavares as CEO. It has formed 9 governance committees to take care of operations including company-wide performance and strategy, planning, regions, manufacturing, brand and styling.

Stellantis is the fourth-largest automobile group in the world. It has industrial operations in over 30 countries across the world and the capability to cater to over 130 markets. The company already has presence in Europe, North America and South America and is looking to expand its reach in China, India, Africa, the Middle East and Oceania.

The new company is offering vehicles in almost all segments of the market under different brands including Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram and Vauxhall. It has 29 electrified models in its line-up at present and plans to add 10 more.

Source: ET Auto