By COLLEEN BARRY and TOM KRISHER AP Business Writers MILAN (AP) — Shareholders of Fiat Chrysler and PSA Peugeot voted Monday to merge and create the world's fourth-largest auto company which, its architects hope, can more readily take on an enormous technological shift in the industry. Addressing separate meetings, PSA Peugeot CEO Carlos Tavares and Fiat Chrysler Chairman John Elkann spoke of the 'historic' importance of the merger, which combines legacy car companies that helped write the industrial histories of the United States, France and Italy. Tavares will run the new company, while Elkann stays on as chairman. The only […]
The post Fiat Chrysler, Peugeot shareholders approve merger appeared first on Black News Channel.