In January this year, there was a gargantuan event within the auto industry, the scale, and magnitude of which is rarely witnessed. Italian-American firm Fiat Chrysler Automobiles merged with the French PSA Group to create Stellantis, the world’s fourth-largest automaker. Stellantis was formed on the promise of delivering EUR5bn of annual synergies to investors of the company which is listed on the Paris, Milan, and New York exchanges. The entity has a formidable arsenal of 14 brands including Jeep, Maserati, Ram, Alfa Romeo and Fiat, among others.
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Green lights
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