Fiat Chrysler, Peugeot to create fourth-biggest carmaker

By COLLEEN BARRY, TOM KRISHER and ANGELA CHARLTON
MILAN — Fiat Chrysler and France’s PSA Peugeot said Thursday they have agreed to merge to create the world’s fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies.
Italian-American Fiat Chrysler brings with it a strong footprint in North America, where it makes at least two thirds of its profits, while Peugeot is the second biggest