Fiat Chrysler, Peugeot shareholders vote on merger

MILAN (AP) — The marriage of PSA Peugeot and Fiat Chrysler Automobiles is built on the promise of cost savings in the capital-hungry industry. But what remains to be seen is if the long-sought tie-up will be able to preserve jobs and heritage brands in a global market still suffering the shakeout from the pandemic. PSA Peugeot shareholders on Monday overwhelmingly approved the deal to create the world’s fourth-largest carmaker, to be called Stellantis. Fiat Chrysler shareholders vote