Stellantis
Stellantis will be the new name of Italian-American automaker Fiat Chrysler Automobiles and French automaker PSA Group's combined company following completion of a 50-50 merger agreement. Stellantis is rooted in the Latin verb stello meaning "to brighten with stars".
Stellantis will be used exclusively as a corporate brand, while the names and logos of the group's constituent brands will remain unchanged following completion of the merger agreement.
The group will unite the following 14 brands : Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram and Vauxhall.
The process of identifying the new name for the merged company started following the announcement of the $50 billion deal in October 2019. The deal, officially signed in December 2019, is expected to create the world's fourth-largest carmaker by volume and result in an annual cost savings of about €3.7 billion, or $4.22 billion.
The merger is expected to be completed in the first quarter of 2021 following approval by both companies’ shareholders and satisfaction of antitrust and other regulatory requirements.
