At the end of October 2019, car companies Fiat Chrysler and PPE decided to unite. Now it is clear what the joint company will be called from 2021: Neither FCA-PSA nor PSA-FCA, just simple. Stellantis. The name goes back to the Latin word “stella” (star, comet) and aims on the one hand to honor the history of the two founding companies and at the same time to point the way for the group. “Astrological references reflect the spirit of optimism, energy and renewal that is driving this industry-changing merger,” it said in a statement.
The proposed 50:50 merger, which is currently under scrutiny by regulatory authorities, would create the world’s fourth largest car company. Brands such as Peugeot, Citroen, Opel, Fiat, Chrysler, Jeep, Alfa Romeo and Maserati are then under the umbrella of a large corporation.