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Auto Giants Fiat Chrysler and Peugeot Maker PSA Announce $50 Billion Merger Plan

As the global automobile industry is undergoing a transitional change, two big auto giants have announced a merger. On Wednesday, December 18, automobile giants Fiat Chrysler and Peugeot maker PSA revealed a massive $50 billion merger.With the auto industry eyeing a massive shift towards electronic vehicles, manufacturers are facing the heat of rising infrastructure costs. To alleviate these concerns, and move ahead confidently with new innovation, these companies have now joined hands. As a...

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