Fourth Largest Automotive Group In The World Is Created By The Merger Between Fiat Chrysler And PSA

Written by Roberta Souza

Published on 20/01/2021 at 18:56

Indústria de automóveis

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Stellantis Created, Fourth Largest Automotive Group in the World, Emerging from the Merger Between Fiat Chrysler and Peugeot-Citroën

Fiat Chrysler (FCA) and Peugeot-Citroën (PSA) completed the merger process last Sunday (17), and all brands from these two groups became part of the official name of the group, Stellantis. With the formal union, the fourth largest automotive group in the world emerged, holding a significant position in the main markets around the globe.

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The Stellantis Group:

Stellantis will become the fourth largest automaker in the world, with 13 brands, including giants like Peugeot, Citroën, RAM, and Jeep. The brand will maintain its identity – there will be no Stellantis model for the brand – but the creation of a common platform for all will save significant costs.

This means that many new models are expected to emerge over time. Stellantis is made up of two groups with a solid foundation and strong financial stability. It is a global company with 400,000 employees.

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Fourth Largest Automotive Group In The World Is Created By The Merger Between Fiat Chrysler And PSA

Stellantis Created, Fourth Largest Automotive Group in the World, Emerging from the Merger Between Fiat Chrysler and Peugeot-Citroën

Check Out Other News of the Day:

The Stellantis Group:

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Fourth Largest Automotive Group In The World Is Created By The Merger Between Fiat Chrysler And PSA

Stellantis Created, Fourth Largest Automotive Group in the World, Emerging from the Merger Between Fiat Chrysler and Peugeot-Citroën

Check Out Other News of the Day:

The Stellantis Group:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

Government announces more than R$ 7 billion in investments in Amazonas on a single Wednesday, the package includes a controversial highway, energy for 75,000 people in communities, new ports, and the largest order in the Brazilian naval industry in a year.

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James Webb finds a starless world with a rotation of only 2.4 hours, giant clouds of superheated sand, and auroras that heat the atmosphere to over 1,500 °C; a wandering object 20 light-years from Earth challenges even the definition of what a planet is.

Study reveals that El Niño is gaining strength in the Pacific, favoring the soybean crop in the United States in 2026 and increasing the risk of losses in Brazil due to excessive rainfall in the South and drought in the Midwest, a scenario that could affect global prices and agricultural exports.

The atmosphere of Venus is so dense that it managed to reverse the entire rotation of the planet over billions of years, a study published in Nature Astronomy reveals that being on the surface would be like sinking into an ocean of 475 degrees Celsius.

Government announces more than R$ 7 billion in investments in Amazonas on a single Wednesday, the package includes a controversial highway, energy for 75,000 people in communities, new ports, and the largest order in the Brazilian naval industry in a year.