Fiat Chrysler and Peugeot Owner Sign Merger In $50 Billion Deal

Peugeot announced a $50 billion merger, creating one of the largest automotive manufacturers with 400,000 employees and $190 billion in revenue. The merger, expected to complete in 12-15 months, aims to enhance their position in the auto industry, focusing on clean and sustainable mobility. No job losses or plant closures are anticipated.

What is the approximate value of the merger involving Peugeot?

• $30 billion

• $50 billion

• $70 billion

• $90 billion

How many cars are expected to be sold annually by the merged company?

• 8.7 million

• 10.7 million

• 5.5 million

• 6.7 million

What is one of the main goals of the merger according to Group PSA?

• To enhance their position in the auto industry

• To expand into the aerospace sector

• To focus on luxury car production

• To reduce the number of employees

Where will the merged company be based?

• France

• Germany

• Italy

• Netherlands

What assurance did the CEOs give regarding the merger's impact on jobs?

• Some jobs will be relocated

• No jobs will be lost

• A few plants will be closed

• There will be a hiring freeze