Peugeot: in talks with Fiat Chrysler
(CercleFinance.com) - Fiat Chrysler and Peugeot are said to be in talks to combine, according to the Wall Street Journal, which quotes closely related sources.
This transaction would be entirely in shares, which could lead to the creation of a roughly 46 billion dollar trans-Atlantic auto giant.
The world's biggest car makers are trying to restructure their businesses as cost pressures rise and the global auto market is slowing, after a period of heady growth, the New York-based financial daily stated.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
This transaction would be entirely in shares, which could lead to the creation of a roughly 46 billion dollar trans-Atlantic auto giant.
The world's biggest car makers are trying to restructure their businesses as cost pressures rise and the global auto market is slowing, after a period of heady growth, the New York-based financial daily stated.
Copyright (c) 2019 CercleFinance.com. All rights reserved.