20 July 2020 | David Young
Reaching an important milestone in a 50:50 merger, Peugeot SA (Groupe PSA) and Fiat Chrysler Automobiles NV (FCA) have announced new group name - STELLANTIS
STELLANTIS is rooted in the Latin verb stello meaning to brighten with stars. It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the exceptional value and the values of its constituent parts. STELLANTIS will combine the scale of a truly global business with an exceptional breadth and depth of talent, knowhow and resource capable of providing the sustainable mobility solutions for the coming decades. The name's Latin origins pay tribute to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry-changing merger.
The process of identifying the new name began soon after the Combination Agreement was announced and the senior management of both companies have been closely involved throughout, supported by Publicis Group.
The STELLANTIS name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the STELLANTIS Group's constituent brands will remain unchanged.
As previously stated, completion of the merger project is expected to occur in the first quarter of 2021, subject to customary closing conditions, including approval by both companies' shareholders at their respective Extraordinary General Meetings and the satisfaction of antitrust and other regulatory requirements.
Log in using your IAEA account where you will be able to read IAEA updates, update your personal and business details and much, much more.
Look out for our new revised magazine in the first quarter of 2024 - read our back catalogue here for now.
For more details or if you have an enquiry please get in touch by calling 01296 642895. Or if you prefer use our contact page to email us.