Stellantis Merger Now Playing at a Dealer Near You

Jason R. Sakurai
by Jason R. Sakurai

Stellantis, the merger between Peugeot and Fiat Chrysler Automobiles, became effective on Saturday, January 16th. The world’s fourth-largest carmaker has emerged, a surprise to no one.

For those of you who were wondering, Stellantis’ common shares began trading on Euronext in Paris and Mercato Telematico Azionario in Milan on Monday, while we were observing Martin Luther King Jr. Day. If you have a few bucks to spare, trading on the New York Stock Exchange begins today, and the ticker symbol is STLA.

The courtship of Groupe PSA by FCA has been covered previously, with the announcement of who at Peugeot will run the show. To most Americans, the five Groupe PSA brands are vaguely unfamiliar. Peugeot, Citroën, DS, Opel, and Vauxhall. The FCA brands, Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Lancia, Ram, and Maserati, are storied, some even iconic. This of course begs the question, why are the French running the show?

In a dance reminiscent of the marriage between Nissan and Renault, will this union produce similar results? Will there be diminishing returns more widely dispersed, or is this going to be the global juggernaut that achieves dominance in every market in which it has an entry? Only time will tell if the $38 billion deal fizzles out like the remake of The Gong Show, or it endures as the Eiffel Tower and the Arc de Triomphe have.

[Images: Stellantis, Groupe PSA]

Jason R. Sakurai
Jason R. Sakurai

With a father who owned a dealership, I literally grew up in the business. After college, I worked for GM, Nissan and Mazda, writing articles for automotive enthusiast magazines as a side gig. I discovered you could make a living selling ad space at Four Wheeler magazine, before I moved on to selling TV for the National Hot Rod Association. After that, I started Roadhouse, a marketing, advertising and PR firm dedicated to the automotive, outdoor/apparel, and entertainment industries. Through the years, I continued writing, shooting, and editing. It keep things interesting.

More by Jason R. Sakurai

Comments
Join the conversation
4 of 46 comments
  • Victor Victor on Jan 19, 2021

    Here's what will happen: 1) Fiat will get the axe in the US, and likely a new Punto in Europe. It will soldier on with PSA platforms much like Opel/Vauxhall are doing these days. 2) Jeep will stay where it is; Dodge might get some crossovers to show for, mostly as cheap versions of whatever Jeep gets. 3) Peugeot won't come to America, neither Citroën or DS. 4) Americans will keep believing Chrysler is still a thing. It isn't.

    • Mjz Mjz on Jan 20, 2021

      I agree/disagree. Tavares is smart and knows the value of brands within their sales regions. Opel/Vauxhall being a perfect example. Chrysler/Dodge have been starved for product. They will get PSA platform versions of various models and they will not try to reintroduce Peugeot/Citroen here.

  • Nick Nick on Jan 20, 2021

    I've been taking Stellantis for my high blood pressure for years.

  • Lorenzo They won't be sold just in Beverly Hills - there's a Nieman-Marcus in nearly every big city. When they're finally junked, the transfer case will be first to be salvaged, since it'll be unused.
  • Ltcmgm78 Just what we need to do: add more EVs that require a charging station! We own a Volt. We charge at home. We bought the Volt off-lease. We're retired and can do all our daily errands without burning any gasoline. For us this works, but we no longer have a work commute.
  • Michael S6 Given the choice between the Hornet R/T and the Alfa, I'd pick an Uber.
  • Michael S6 Nissan seems to be doing well at the low end of the market with their small cars and cuv. Competitiveness evaporates as you move up to larger size cars and suvs.
  • Cprescott As long as they infest their products with CVT's, there is no reason to buy their products. Nissan's execution of CVT's is lackluster on a good day - not dependable and bad in experience of use. The brand has become like Mitsubishi - will sell to anyone with a pulse to get financed.
Next