Stronger together: Fiat Chrysler and Peugeot plan world's No.4 carmaker
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MILAN/PARIS (Reuters) - Fiat Chrysler and Peugeot owner PSA plan to join forces in a 50-50 share merger to create the world's fourth-largest automaker, seeking scale to cope with costly new technologies and slowing global demand.Fiat Chrysler (FCA) and PSA said on Thursday they aimed to reach a binding deal in the coming weeks to create a $50 billion (£39 billion) group with listings in Paris, Milan and New York, and with PSA's Carlos Tavares as chief executive and FCA's John Elkann as..