Factbox: Fiat Chrysler, Peugeot tie-up: how does it work?
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MILAN (Reuters) - Fiat Chrysler and Peugeot owner PSA have agreed to join forces to create the world's fourth-largest automaker. The following are some of the key elements of the deal:- Fiat Chrysler Automobiles (FCA) and PSA aim to reach a binding agreement to create a $50 billion (£39 billion) company in the coming weeks.- The combined automaker would have annual sales of 8.7 million vehicles, total revenues of nearly 170 billion euros (£147 billion) and recurring operating profit of more..