Fiat Chrysler Automobiles NV and Peugeot’s PSA Group boosted their transatlantic merger on Saturday, creating Stellantis NV, the global auto giant that executives say will have the weight needed to compete in a rapidly changing industry.

Deal, It was first agreed upon in late 2019 And the Approved earlier this month by shareholdersIt comes as the global auto business is rapidly moving to new technologies, such as electric cars, and is fighting start-ups trying to change everything from the way cars are designed and built to how they are sold.

Stellantis, derived from a Latin term meaning “To light up with the starsAccording to 2019 figures, it ranks as the world’s third largest auto maker by sales, which is the most recent available. At the close on Friday, it was worth over $ 51 billion. The newly formed car company plans to start trading under the ticker symbol STLA on my exchange Paris and Milan on Monday and New York on Tuesday.

Stellantis will have a large presence in North America and more than a quarter of the market in Europe, selling cars through a huge range of brands, ranging from American names like Jeep and Ram to Peugeot and Citroën and Opel in Europe and Maserati and Alfa Romeo at the luxury end. .

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

You May Also Like

사진에서: 전 세계 국가들이 국제 노동절을 축하합니다 | 경제 뉴스

전 세계의 시위대는 일요일에 노동자들을 축하하고 더 나은 노동자의 권리를 촉구하기 위해…

한국은행 총재 “자산 없는 고령화는 한국의 주요 과제”

서울의 한 무료 급식소에 노인들이 줄을 서 있다. (자료사진, 연합 제공) 제주…

Acacia Communications cancels its merger with Cisco

on Friday, Acacia Communications (Nasdaq: ACIA) It terminated the merger agreement with…

수익이 개선됨에 따라 EBay 주식이 점프

글꼴 크기 eBay의 활성 구매자 수는 전년 대비 7 % 증가했습니다. 이베이를위한…