It’s Official: Fiat Chrysler and PSA Group Are Now Stellantis

From Car and Driver

• FCA and PSA Group have completed the merger announced in 2020, creating Stellantis, now the fourth-biggest automaker in the world by volume.

• Stellantis becomes the operator of 14 different brands, including Chrysler, Fiat, Jeep, Ram, Peugeot, and Citroën.

• The merger will allow the two companies to reduce research and development costs, particularly as the companies move toward electrification.

PSA Group and Fiat Chrysler Automobiles (FCA) have officially merged to create Stellantis, bringing together 14 vehicle brands across the globe. With the completion of a merger that has been in the works for more than a year, Stellantis becomes the fourth-biggest automaker in the world by volume and third-biggest by revenue. Now under the Stellantis umbrella are Chrysler, Dodge, Jeep, Ram, Fiat, Alfa Romeo, Abarth, Lancia, and Maserati—thanks to FCA—as well as Citroën, DS, Opel, Peugeot, and Vauxhall, thanks to PSA.

Stellantis will be headquartered in Amsterdam and will have operation centers in France, Italy, and the United States. Stellantis CEO Carlos Tavares—the former CEO of PSA—said in a press conference today that this merger will allow the two companies to combine forces to create "highly effective" sibling cars as well as give the various brands the opportunity to rebound and grow.