Transnational corporation STELLANTIS
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STELLANTIS: a new carmaker group formed from the merger of FCA and Groupe PSA

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Written by Daryna Logvinova

The transnational corporation STELLANTIS is a new group formed from the merger of two car companies, the PSA Group and Fiat Chrysler Automobiles (FCA). The companies formally teamed up to create Stellantis, bringing together 14 automotive brands worldwide, including Chrysler, Fiat, Jeep, Ram, Peugeot, and Citroën.

Groupe PSA is the second largest car manufacturer in Europe

STELLANTIS comes from the Latin verb “stello”, which means “to shine with the stars.” FCA and PSA Group completed the merger, which was announced in 2020. As a result, Stellantis has become the fourth-largest automaker in the world in terms of sales.

The merger will allow the two companies to reduce research and development costs, especially as the companies move towards automotive electrification.

Transnational corporation STELLANTIS

The process of determining a new name began shortly after the Unification Agreement was announced. The senior management of both companies was actively involved with the support of the Publicis Group.

The name STELLANTIS

The name STELLANTIS will be used exclusively as a corporate brand. The next step in this process will be the opening of the logo, which together with the name will become the corporate identity of the brand. Brand names and logos will remain unchanged.

Stellantis will be headquartered in Amsterdam with operations centers in France, Italy, and the United States. Stellantis CEO Carlos Tavares – former PSA CEO – said at a press conference that the merger will allow the two companies to join forces to create “high-performance” siblings.

The focus of the new company is on electrification and the number of electrified vehicles in its lineup. Stellantis currently has 29 electrified vehicles on the market, including both all-electric and hybrid vehicles, and will offer 39 by the end of 2021.

The goal is that by 2025, Stellantis will create “one electrified model for each new global model.” The company announced this at a press conference.

Daryna
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Darina Logvinova is an expert on travel and automotive journalists. She enthusiastically shares her experiences through her journalistic work, writing about international travel, cars, performing arts, and news in general. Darina's work can be found in several international publications. Hello! I'm Darina Logvinova. My life is full of interesting events. And I want to share this with you. My passion is to travel. Perhaps there is nothing more surprising and impressive than discovering new countries, new cultures, cities, uniquely beautiful places. Travel is life. This is what always gives strength, energy, and desire to go forward. It's so hard to wake up early for work, but it's so easy - to the airport or to the train =) I am also fond of psychology. I believe that it is impossible to have a harmonious relationship with yourself and with the people around you, without understanding anything about our inner world. Many world-famous authors set out their thoughts in books, they are very smart and talented people who share their knowledge and experience. There is nothing easier than buying a book and learning something new from the geniuses of psychology. Our feelings and emotions are very multifaceted. We all perceive the world in different ways and we need to be able to respect and understand this. Everything that we wish will certainly come true, you need to be able to dream about it correctly. The universe does not limit anyone. It is full of supplies for each of us. Psychology is a very important science for humanity. The more the world develops, the more people understand this. The more we are tolerant to ourselves and to all people, the more good there will be in our lives and in the whole world. Development is the driving force behind humanity. We simply cannot afford to stand still, otherwise, our life loses all meaning. Every day, discovering something new for ourselves, we move forward towards our goals.
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