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

Seja o primeiro a reagir!

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.

Check Out Other News of the Day:

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.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

In addition to the enormous potential found in key markets like China, Africa, the Middle East, Oceania, and India, the new team also aims to establish operations and invest more in the three regions: Europe, North America, and Latin America.

The CEO of Stellantis, Carlos Tavares, stated that none of the factories belonging to the brands involved in the partnership will be closed. “This merger is more of a protection than a risk for the factories. The scale achieved will serve as protection against rising costs (anticipated in the transformation of vehicles).”

In Brazil, the group has Fiat Chrysler factories in Betim (MG) and Goiana (PE), and a joint factory of Peugeot and Citroën in Porto Real (RJ). The two groups will be safeguarded by the Dutch company, which also has factories in Argentina.

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:

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

For 45 years, Spain and Morocco have been trying to connect Europe to Africa through a project of just 14 kilometers in the Strait of Gibraltar, and an active tectonic fault on the seabed continues to make the project nearly impossible.

At just 14 years old, a boy creates a system without energy, using steel pipes buried in the ground, that irrigates seedlings with moisture from the air, to combat the water scarcity threatening reforestation in northern China.

Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

The project that was supposed to be ready for the 2014 World Cup in Brazil debuted with a 12-year delay and nearly R$ 6 billion invested: the Line 17-Gold of the São Paulo monorail opened with reduced hours and is only expected to operate fully in October.

Mercado Livre, Shopee, and Amazon are expected to tighten tax rules on online sales, pressure small retailers, and change the game of Brazilian e-commerce with tax withholding and less space for irregular sellers.

While Japan and Germany lose ground, China surges ahead and becomes the largest vehicle manufacturer in the world with over 30 million units per year, dominating global production and leading the electric car revolution.

2.2 billion reais, 6 hybrid ships, and over 1,200 jobs: the future of Petrobras is being built in a city of only 86,000 inhabitants on the coast of Santa Catarina and will change the economy of the region.

The project that was supposed to be ready for the 2014 World Cup in Brazil debuted with a 12-year delay and nearly R$ 6 billion invested: the Line 17-Gold of the São Paulo monorail opened with reduced hours and is only expected to operate fully in October.

A Mercado Livre customer opened their package and found 32 resumes of people looking for jobs crumpled as protective paper inside the box, exposing names, addresses, documents, and phone numbers of dozens of candidates.

An Indian tree that grows in the Brazilian Northeast produces an oil capable of acting against more than 200 species of pests and interrupting the insect cycle, gaining ground as a natural alternative in soybean, cotton, and vegetable crops.

The coldest region of Brazil will experience very hot weather in the first days of April, with maximum temperatures reaching up to 35 degrees in Rio Grande do Sul, and only in the last week of the month an intense cold front is expected to finally lower the temperatures in the South and Southeast.

Iceberg A23a, one of the largest in the world, is undergoing accelerated collapse and may disappear: what explains the end of the ice giant?

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:

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

For 45 years, Spain and Morocco have been trying to connect Europe to Africa through a project of just 14 kilometers in the Strait of Gibraltar, and an active tectonic fault on the seabed continues to make the project nearly impossible.

At just 14 years old, a boy creates a system without energy, using steel pipes buried in the ground, that irrigates seedlings with moisture from the air, to combat the water scarcity threatening reforestation in northern China.

Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

The project that was supposed to be ready for the 2014 World Cup in Brazil debuted with a 12-year delay and nearly R$ 6 billion invested: the Line 17-Gold of the São Paulo monorail opened with reduced hours and is only expected to operate fully in October.

Mercado Livre, Shopee, and Amazon are expected to tighten tax rules on online sales, pressure small retailers, and change the game of Brazilian e-commerce with tax withholding and less space for irregular sellers.

While Japan and Germany lose ground, China surges ahead and becomes the largest vehicle manufacturer in the world with over 30 million units per year, dominating global production and leading the electric car revolution.

2.2 billion reais, 6 hybrid ships, and over 1,200 jobs: the future of Petrobras is being built in a city of only 86,000 inhabitants on the coast of Santa Catarina and will change the economy of the region.

Mercado Livre “opens the vault” and announces a record investment of R$ 57 billion in Brazil in 2026, a value 50% higher than the previous year, with an expansion plan that includes 14 new logistics centers, totaling 42 units in the country and hiring an additional 10,000 employees.

How investment in technology can revolutionize the national economy and enhance industrial gains, according to a study that highlights the direct impact on productivity, innovation, and wealth retention within Brazil.

The largest food company on the planet, JBS, has just opened a 4,000 square meter laboratory in Florianópolis to develop customized proteins that modulate muscle mass gain, immune response, and metabolic performance.

After nearly 30 bids and competition among industry giants, a Spanish company purchases one of the largest airports in Brazil for almost R$ 3 billion and takes over the management of Galeão in a concession that will last until 2039.

The Federal Revenue Service now automatically cross-references everything you declare with data from banks, credit cards, brokerage firms, and insurance companies, and any discrepancy between your income and your expenses triggers an alert in seconds.

The project that was supposed to be ready for the 2014 World Cup in Brazil debuted with a 12-year delay and nearly R$ 6 billion invested: the Line 17-Gold of the São Paulo monorail opened with reduced hours and is only expected to operate fully in October.

A Mercado Livre customer opened their package and found 32 resumes of people looking for jobs crumpled as protective paper inside the box, exposing names, addresses, documents, and phone numbers of dozens of candidates.

An Indian tree that grows in the Brazilian Northeast produces an oil capable of acting against more than 200 species of pests and interrupting the insect cycle, gaining ground as a natural alternative in soybean, cotton, and vegetable crops.

The coldest region of Brazil will experience very hot weather in the first days of April, with maximum temperatures reaching up to 35 degrees in Rio Grande do Sul, and only in the last week of the month an intense cold front is expected to finally lower the temperatures in the South and Southeast.

Iceberg A23a, one of the largest in the world, is undergoing accelerated collapse and may disappear: what explains the end of the ice giant?