By on November 19, 2020

The merger between Fiat Chrysler Automobiles and PSA Group is reportedly progressing smoothly, with the involved parties announcing general meetings for their respective shareholders on Wednesday. Scheduled to take place on January 4th, the summit is being held “in order to approve the merger of their companies to allow the creation of Stellantis, which will become the world’s fourth largest automobile manufacturer by volume,” according to a joint release.

Draft resolutions and the general agenda that will be submitted to the vote of the shareholders of each company, as well as the terms of participation in related meetings, will be made publicly available on November 23rd. We will also be waiting on regulatory approvals in South America and Europe, the latter of which already seems to have been handled.

The duo has already released the rather bland Stellantis logo, which is about as generic as it gets, and made concessions to appease markets concerned about how the merger might affect competitiveness. This includes taking steps to avoid achieving market dominance skirting antitrust violations in the European commercial van sector and a few similar concessions in Brazil.

Meanwhile, Stellantis has already been cleared by several antitrust authorities in the United States, China, Japan, and Russia. Corporate leadership has previously said they would like to see the merger completed by the end of the first quarter. Based on the companies’ current pace, that absolutely seems possible.

Once formed, Stellantis will be headquartered in Amsterdam. However regional HQs will continue to exist in Auburn Hills, Paris, and Milan.

[Image: FCA]

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28 Comments on “FCA, PSA Group Schedule Shareholder Meetings to Finalize Merger...”

  • avatar

    Do not take Stellantis if you are pregnant or thinking of becoming pregnant. Side effects include constipation, skin rash, diarrhea, dizziness, drowsiness, headache, insomnia, nausea, suicidal thoughts, abnormal heart rhythms, internal bleeding, cancer, and priapus. Void where prohibited. Results may vary.

    • 0 avatar

      Brilliant comment. But what we really want to know is, where will the synergies come from? I imagine the biggest overlap will be small cars in Europe and Brazil, but what will the Opel lineup do to Dodge and Chrysler in the US? Will we see a Stellantis “Buick” here?

      • 0 avatar

        Given that the Opel-based Regal was recently discontinued, probably not.

      • 0 avatar

        Lorenzo, I am waiting with baited breath to take delivery of my 2024 Chrysler or Dodge Insignia. I imagine they could rename it something like Sebring, Cordoba, Concorde, Intrepid, Avenger, Stratus, Coronet…I don’t really care. I just want the AWD performance model.

        Is that actually going to happen? I doubt it. But a man can dream.

    • 0 avatar

      “Do not take Stellantis if…..
      That just never gets old!

  • avatar

    Stellantis n its role is similar to Alphabet. Did you ever see products branded Alphabet or even how Alphabet logo looks like?

    • 0 avatar

      @Inside Looking Out: That’s a good one. You know, I had never seen the Alphabet logo myself until just now. You have to go to to see it.

      BTW, is that a black hole in the Stellantis logo?

      • 0 avatar

        It is red like Communist China. Google is full of Chinese spies and Alphabet is secretly owned by PLA. I wonder how Russia missed the opportunity to own Google since one of two founders is a Russian agent. He was secretly planted in USA by FSB when he was born.

  • avatar

    Branding Opels or Peugeots as Chryslers or Dodges does not fit image and reputation Chrysler and Dodge historically earned. May be resurrect Plymouth?

    • 0 avatar

      The Hillman Avenger was sold in the US as a Plymouth Cricket. It was also manufactured by PSA Peugeot Citroen, so there’s a little bit of history there.

      • 0 avatar
        MRF 95 T-Bird

        The comments about the Rare Ride Jeep Comanche mentioned the Peugeot five speed manual transmission that was used in them so there is a history of sharing parts, now there will be more platform sharing.

      • 0 avatar

        Yup, Peugeot absorbed Chrysler Rootes and all its’ divisions like: Humber, Commer, Hillman, Karrier, Singer, Sunbeam, Talbot, plus other continental brands like Simca etc.

        • 0 avatar
          MRF 95 T-Bird

          I have fond memories of going to my local Chrysler Plymouth Imperial dealer with my dad for a part for his 63 Valiant and seeing in the front of the lot a couple of Simca 1100s parked next to fuselage Chrysler’s and a Superbird.
          The Dodge dealer down the road had a couple of the post roadster aka compact Barracuda Alpines parked in front.

    • 0 avatar

      Only us oldtimers remember Dodge/Chrysler history. The younger generations know little or nothing of US history, much less auto history.

      • 0 avatar

        There you go again.

        You must be related to the same Boomer that insulted me saying that having a clean car was “a generational thing” after I complimented the cleanliness of his. Not all of us are Facebooking, tweeting, Tik Tok’ing brainless nitwits. I prefer not to be included in the same breath with such types especially considering history of all kinds is a true passion of mine. I certainly didn’t go through all four series of The Decades, a ten-part series on the Vietnam War and two 8-part miniseries on World War II because I was out of avocado toast. I know who John and Horace Dodge were, that Henry Ford II was not Henry Ford’s son and that Walter Chrysler came from the humblest of beginnings in Kansas because he would not take no for an answer. I even know who Dick Teague was.

        Your move.

        • 0 avatar

          Everybody please stop the intergenerational warfare. We’re because we love the machines and want to keep abreast of the industry news. The establishment is already working overtime to keep us divided by race, ethnicity, religion, culture, class, politics, gender, education . . .
          Divided we are weak – United we are unstoppable.

        • 0 avatar

          Touchy much? “There you go again.” -Ronnie Reagan, 1980.

          “Your move”. You think this is a game? “Go away, kid. You bother me.” -W.C. Fields, 1941.

    • 0 avatar

      “to brighten with stars”…….. I wonder what bright stars will result from this merger?

  • avatar

    The “A” in the Stellantis logo is clearly a set of train tracks receding in the distance. Train tracks as in mass transit. And covered with sprinkles and glitter.

    (Or perhaps they are regular train tracks and we will all be hobos soon. But hobos with glitter.)

    [Alternative theory states that the “A” is the nosecone of a DPRK ICBM – open at the top because terminal phase has begun – and sparkly because radiation. But I’m sorry I mentioned it. Please focus on sprinkles.]

  • avatar

    STARGATE ATLᐰNTIS – out of which the gate new allies will appear: Renault, Dacia, and Lada.

  • avatar

    Chrysler Europe sold to PSA for $1.00 in 1978.

  • avatar
    schmitt trigger

    Re: the Stellantis name and corporate logo.
    One many times wonders how much money its paid to whomever comes up with these.

    But back to the merger; I believe this is only the prelude to additional mergers and consolidation across the automotive spectrum.
    Let’s see if they can manage the different cultures better than Renault-Nissan.

  • avatar

    “Once formed, Stellantis will be headquartered in Amsterdam. However regional HQs will continue to exist in Auburn Hills, Paris, and Milan.”

    All three of which are places in Michigan.

  • avatar

    Fiat HQ isnt in Milan. Its Turin , a different northern Italian city.
    Its where the T in the name Fiat comes from: Fabbrica Italiana Automobili Torino

  • avatar

    Why on earth would I want to buy a bland, meaningless car assembled with bland indifference from bland workers in some boring random place?

    That’s what this name says to me.

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