Top 10 Moments and Milestones of 2019
FCA-PSA merger
On October 31, PSA and Fiat-Chrysler officially and unanimously agreed to a merger of equals in a deal that includes no job losses or plant closures. The newly formed entity will create the fourth largest global OEM in terms of unit sales (8.7 million vehicles annually). This merger came just a few months after the failed attempt by FCA to join forces with another French automaker, Renault.