The ultimate shareholder vote for the $38 billion FCA-PSA Group merger is occurring in the present day and it is anticipated to move with no points. The end result might be a major step in creating the world’s fourth-largest automaker, Stellantis. When that is all made official by the tip of March, Stellantis will embody iconic US manufacturers like Jeep, Dodge, Chrysler, and Ram. Fiat, Alfa Romeo, and Maserati are additionally a part of the combination, manufacturers that helped create the mixed Fiat Chrysler Cars. Peugeot, Citroen, and Opel, amongst others, are amongst PSA’s contributions to the brand new conglomerate.

However soon-to-be Stellantis CEO Carlos Tavares has a fame for cost-cutting. Cash-losing automobiles and initiatives, underneath his watch, are usually given the axe. And now the Related Press studies Tavares may resolve the Chrysler model is now not price preserving.