Fiat Chrysler, PSA retain merger target date

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MILAN, Italy – Automakers Fiat Chrysler (FCA) and Peugeot Citroen (PSA) remain committed to a merger by early 2021 despits the sector's COVID-19-related woes, FCA stated on Tuesday, May 5.

"Notwithstanding these unexpected and unprecedented times, FCA and Groupe PSA remain committed to our 50/50 merger that will create ... via PK