Fiat-PSA Union Denies Reports of Tie-Ups With Chinese Firms
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Stellantis NV, the newly-formed company from the merger between Fiat Chrysler Automobiles NV and PSA Group, has denied a local news report that it is in talks for a new merger with Chinese carmakers, Stellantis said Sunday in an emailed statement to Bloomberg News.
“Stellantis remains committed to its current joint venture partners Dongfeng Motor Corporation and Guangzhou Automotive Group,” it said.