Fiat Chrysler, home of such brands as Alfa Romeo, Jeep, Maserati, Lancia and, of course, Fiat and Chrysler, wants to merge with the parent company of French car-maker Peugeot. Groupe PSA is also home to Opel, Vauxhall and Citroën.
On the face of it, the two companies don’t seem to have much in common, but a combined company could have global reach and more cash on hand. That’ll make it better able to develop electric vehicles, autonomous cars and other expensive projects which many see as crucial to being relevant in future.
Click the audio player above to hear the full story.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.