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Fiat-Chrysler and Peugeot-mother, to call the new company Stellantis

The company, which is supposed to result from the merger of automakers Fiat and Chrysler, and PSA will have the name of Stellantis, making the two companies on

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Fiat-Chrysler and Peugeot-mother, to call the new company Stellantis

The company, which is supposed to result from the merger of automakers Fiat and Chrysler, and PSA will have the name of Stellantis, making the two companies on Wednesday announced. This is the next step in the plans of the automakers to go back to. The companies hope the merger will, in the first quarter of next year to complete it.

The two companies have to write it in the declaration of the origin of the name in Latin is in the word "stello", which means "the light of the stars".

"It takes away some of the new, and ambitious, a combination of two well-known brands and strong cultures, which are the work of integrating a new leader into the mobiliteitswereld, but at the same time, the old values will be retained," said the companies in a press release.

the car Lovers who are afraid that the car manufacturers such as Fiat, citroen, Peugeot, Chrysler and Jeep, it will go away with the new name and be sure: Stellantis is the name of the new parent company. The individual names of the cars, just as they have for years. Also, the logo does not change. Fiat Chrysler and PSA, to let you know of the Stellantis logo is still present.

The company is in terms of sales in the fourth automaker in the world in terms of revenue, in the third person. Fiat-Chrysler and PSA target remains at the first quarter of 2021 for the merger to be completed.