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Fiat Chrysler Automobiles in sharp decline: weighs Volkswagen

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fiat_chrysler_automobilesFiat Chrysler Automobiles among the worst of the day on FTSEMib: At 14.00, the car group's title fell 2.24% to EUR 14,204.

Operators link sales of Fiat Chrysler Automobiles to the decline that Volkswagen suffered on the Frankfurt Stock Exchange: the experts did not appreciate the economic and operational indications announced in the morning by the German giant's leadership for years to come. At the same time, L & # 39; Economia, the weekly effort by Corriere della Sera, analyzed the timing and methods of the merger with the Psa group. Intentional agreements between the two groups should be signed by the end of the year, but the true Union will need at least one year to become fully operational. Together, the companies, which will become the world's fourth largest manufacturer overall, will hold approximately 23% of the mainland real estate market: 16.4% of Psa and 6.2% of FCA. The goal for the two groups is to reach 34%.

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