This week’s announcement of a 50-50 merger between the PSA Groupe and Fiat Chrysler Automobiles (FCA) could create the world’s fourth-largest automaker. A big winner in the marriage is vehicle electrification.
We’ve reported on comments by GM and Nissan officials about the recent unveiling of the Tesla Model 3 and the following storm of reservations. While Nissan CEO Carlos Ghosn had a normal and decent reaction to the event, GM’s Vice President of Global Propulsion Systems, Dan Nicholson, was significantly less gracious than his colleague.
But now it’s Fiat Chrysler CEO Sergio Marchionne’s turn to comment and he doesn’t disappoint.