Fiat Chrysler and Peugeot owner agree deal to create world's third largest automaker

Fiat Chrysler and Peugeot owner PSA Group have signed a binding merger agreement, solidifying a nearly $50 billion deal that will create the world's third largest automaker.

source https://www.cnn.com/2019/12/18/business/fiat-chrysler-peugeot/index.html