Fiat Chrysler Automobiles N.V. (FCA) and Peugeot S.A. (Groupe PSA) announced today that their respective shareholders’ meetings approved the merger of FCA and Groupe PSA to create Stellantis N.V. by an overwhelming majority, with more than 99% of the votes cast in favor of the transaction.
STELLANTIS is rooted in the Latin verb “stello” meaning “to brighten with stars.” It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the exceptional value and the values of its constituent parts.
SOURCE: https://www.italyusa.org
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