Stellantis was formed by the merger of PSA (Peugeot Citroen) and Fiat Chrysler.It promises to be a world leader for a new era of sustainable mobility dedicated to providing freedom of movement with distinctive, affordable and efficient transportation solutions uniquely positioned to capture the exciting opportunities of a global industry undergoing rapid and profound change.
Stellantis announced today that, following completion of the merger of Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) on January 16, 2021, today the combined company was renamed Stellantis, the Board of Directors of Stellantis was appointed, and Stellantis’s Articles of Association became effective.
In an industry known for fast-moving innovation, mergers are commonplace. The creation of a new company, Stellantis, brings together a cornucopia the brands under a single, very large, brolly.
“While Groupe PSA is committed to the fight against global warming and forecasts to meet the 2020 CO2 targets set by the European Union, it simplifies the lives of its employees who have already opted for clean mobility by enabling the charging of electric vehicles at all its sites. This operation demonstrates the consistency of Group's actions with regard to its customers and employees,” said Xavier Chéreau, Director of Human Resources and Transformation.
