Meanwhile, FCA and PSA declared they have a aim to near the merger deal by the conclusion of the 1st quarter of 2021. So why is this investigation taking place at all? Because neither of the automakers provided concessions to aid set regulators’ minds at simplicity. Nevertheless, the merger deal has now been permitted in the US, China, Japan, and Russia.
Assuming the EU finally offers the inexperienced light, the new automaker will provide all FCA brands, among the them Jeep and Dodge, and the PSA Groupe, like Peugeot and Citroen, all underneath just one roof. It is not like the Jeep Wrangler will abruptly start out creation in, say, France, or Peugeots will return to the US market, but the two firms would gain by sharing the expenditures of setting up electrical vehicles. They could just about every enter markets where they are at present weak.
But right up until Oct, at the earliest, this deal remains on ice.