Fiat-Chrysler-Jeep and Peugeot-Citroen-Opel merger under threat

A merger between the Fiat-Chrysler-Jeep brands and Peugeot-Citroen-Opel group may be under threat after the two conglomerates allegedly failed to respond to concerns from the European Union, according to a report from the Financial Times. The European Union's executive arm, the European Commission (EC), has launched a four-month antitrust investigation into the proposed merger of the two carmakers after they failed to meet a deadline last week to address initial concerns put forward by the EC.

Comments

Popular posts from this blog

2024 Toyota Yaris Cross updated in Europe with new tech, more hybrid power

New Alfa Romeo 33 Stradale supercar unveiled with petrol and electric power

Volvo ‘ES90’ electric sedan due next year

Ineos Grenadier gets converted into a camper with Australian-made pop-top

2023 Porsche Taycan GTS review

Renault and Nissan production delays due to global cyber attack

New Hyundai Venue due in 2025 – report

2024 Toyota LandCruiser 70 Series facelift spy photo

2024 Mazda 3 update due this year with technology upgrade – report

2022 Land Rover Defender 110 SE D300 v 2022 Nissan Navara Pro-4X Warrior comparison