FCA, the Wall Street Journal: "This is the merger with the Peugeot, Opel and Citroen groups for the 50 billion dollar auto giant"

An option on the table, according to the financial newspaper, would be a fusion of peers with the CEO of Peugeot, Carlos Tavares, which would take on the role of CEO of the new company, while a John Elkann would be the presidency. The talks are "Fluids", reports the newspaper anyway, reporting what was said about one of the sources, and there is no guarantee that a final agreement will be reached. A "no comment" after the spread of the news, it came from Psa that it summoned in via extraordinary for Wednesday the board of directors, as reported by the agency Bloomberg citing some sources. The French Government will play an important role in a possible agreement.

If the rumors were confirmed, then Fca would be knocking on a door again overseas builder to put forward a new proposal to merge after the one from 33 billion euros with Renault, wrecked at the beginning of June, just ten days after the formalization, for the conditions set by the French State, first partner of Losanga with the 15%, and the coldness of the Japanese ally of the transalpine house, Nissan.

A marriage between Fca and Psa, in addition to proposing a leadership of charismatic leadership in the Elkann-Tavares binomial, would create the third manufacturer in the world, with 8.7 million cars delivered in 2018, behind Volkswagen (11 million) e Toyota (9.5 million). It is not the first time that FCA is associated with possible talks with Psa Peugeot for an alliance and, according to the WSJ, that of a merger would not be the only option being studied among car manufacturers.

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