Mega-merger no quick fix for Fiat Chrysler and Peugeot in China
Share:
BEIJING (Reuters) - Fiat Chrysler and Peugeot owner PSA's merger is unlikely to provide a quick fix to their problems in China, as both companies have long struggled to find the right products at the right price for the world's top car market, analysts say. The companies said on Thursday they aimed to reach a binding deal in the coming weeks to create the world's fourth-biggest automaker by production volume.But scale alone will not make Italian-American Fiat Chrysler Automobiles (FCA) and..