# Auto-Manufacturing Mergers Fiat Chrysler and PSA Peugeot Merged to Be the Fourth Largest Automaker By Daniel Johnson | Published 2019-11-01 | Updated 2019-11-04 | Autos Source: Trend Hunter, https://www.trendhunter.com/trends/fourthlargest-automaker References: [hypebeast](https://hypebeast.com/2019/11/fiat-chrysler-psa-peugeot-merger-announcement) & [fcagroup](https://www.fcagroup.com/en-US/Pages/home.aspx) The Italian and American company, [Fiat Chrysler](https://www.trendhunter.com/trends/fiat), will merge with France's PSA Peugeot in order to become the fourth largest automaker in the world. The two companies will look to sign a Memorandum of Understanding before the end of 2019. The merger will be 50-50 and is a deal worth approximately $50 billion. By combining resources, the two organizations will be better able to prepare for the future of electric and autonomous vehicles. Additionally, the merger was agreed to without any factory closures from either organization. Carlos Tavares, the PSA Peugeot CEO spoke about the merger, stating “This convergence brings significant value to all the stakeholders and opens a bright future for the combined entity.” Image Credit: Shutterstock ## Trend Insights (Trend Hunter) - Score: 1.1/10 - Popularity: 5% | Activity: 18% | Freshness: 9% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, South America, Europe, Asia, Africa ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Autos](https://www.trendhunter.com/autos) ## Key Themes ### Why This Trend Is Growing - **Electric Vehicles:** Disruptive innovation opportunity: The merger allows the combined entity to pool resources and expertise to accelerate the development and production of electric vehicles. - **Autonomous Vehicles:** Disruptive innovation opportunity: The merged automaker can leverage their combined capabilities to advance research and development in autonomous vehicle technology. - **Mergers and Acquisitions:** Disruptive innovation opportunity: The successful merger between Fiat Chrysler and PSA Peugeot serves as a model for other automakers exploring partnerships to enhance competitiveness and address industry challenges. ### Industries Being Reshaped - **Automotive:** Disruptive innovation opportunity: The merger highlights the need for automakers to collaborate and consolidate in order to adapt to the evolving landscape of electric and autonomous vehicles. - **Electric Vehicle Manufacturing:** Disruptive innovation opportunity: The merger creates a stronger player in the electric vehicle manufacturing industry, with the potential to shape the future of sustainable transportation. - **Automotive Technology:** Disruptive innovation opportunity: The merged entity can drive advancements in automotive technology by combining their research and development efforts, leading to breakthroughs in electric and autonomous vehicle technology. ## Related on Trend Hunter - [Gas-Powered Vehicle Discontinuations](https://www.trendhunter.com/trends/fiat.md) - [Aggregated EV Charging Apps](https://www.trendhunter.com/trends/stellantis.md) - [Electric Automaker Partnerships](https://www.trendhunter.com/trends/volkswagen-rivian.md) - [Collaborative Electric Vehicle Brands](https://www.trendhunter.com/trends/ampere.md) - [E-Bike Manufacturer Acquisitions](https://www.trendhunter.com/trends/fazua.md) - [AI-Powered Car Assistants](https://www.trendhunter.com/trends/mistral-ai.md) - [Electric Vehicle Production Initiatives](https://www.trendhunter.com/trends/nissan-ev.md) - [Auto Manufacturer Industrial Frameworks](https://www.trendhunter.com/trends/industrial-framework.md) - [Powerful All-Electric SUVs](https://www.trendhunter.com/trends/wagoneer-s.md)