Fiat-Peugeot tie shows only Big Car will survive

Sam Kerr

October 31, 2019 04:45 pm

FCA_PSA_PA_230x150 — October 31, 2019, Asuncion, Paraguay: Logo of Fiat Chrysler Automobiles, an Italian-American multinational auto maker, is seen on a smartphone screen against the logo of Groupe PSA (formerly PSA Peugeot Citroen), a French multinational automobile manufacturer, unfocused on background. (Credit Image: © Andre M. Chang/ZUMA Wire) | Andre M. Chang/Zuma Press/PA Images

French auto-manufacturer PSA Group, which owns Peugeot, and Fiat Chrysler Automobile's (FCA) decision to explore a merger to create the world’s fourth largest car company is an important marker for an industry facing an uncertain future as sustainability and the environment become global priorities.

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Sam Kerr