Click to Enlarge.
As they move towards the completion of a 50:50 merger in the Combination Agreement announced on 18 December 2019, Peugeot S.A. (“Groupe PSA”) and Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) now say the corporate name of the new group will be Stellantis. The Latin verb “stello” meaning “to brighten with stars.” (Mobility Roll of the Die – FCA and PSA Merger, FCA-PSA Merger – Surviving Platforms and Powertrains)
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 basic brands will remain unchanged. What actually happens to the brands is an entirely different matter. Continue reading
Ford Motor – Three More Safety Recalls in N.A.
Ford Motor Company is issuing three safety recalls in North America affecting Lincoln cars and SUVs, heavy-duty F-series trucks and 2020 new Escape and Transit vehicles. It’s the latest example of how electronics can be adversely affected by poor designs that wreak havoc on customer satisfaction. Continue reading →