Fiat-Chrysler merges with Peugeot projects a 7.9 Million Cars Sold per year
This mega-merger between Fiat Chrysler Automobiles (FCA) and Peugeot (PSA) will create the world’s fourth largest automaker after VW, Toyota and Renault-Nissan.
Fiat Chrysler, the group behind popular brands such as Jeep, Dodge, Ram and Alfa Romeo, was the eighth largest automobile group in the world last year, selling 4.42 million vehicles in total. Adding Peugeot’s sales of 3.48 million cars, the newly formed company would leapfrog Honda, Ford, Hyundai and General Motors to become number four in the increasingly consolidated car industry.
