Home Business Timeline: Fiat Chrysler and Peugeot merger marks next round of consolidation Business Timeline: Fiat Chrysler and Peugeot merger marks next round of consolidation By Genpie - December 18, 2019 141 0 Facebook Twitter Google+ Pinterest WhatsApp Fiat Chrysler and Peugeot maker PSA on Wednesday reached a binding agreement for their roughly $50 billion merger, as the auto industry scrambles to develop zero-emissions vehicles and tackle slowing demand.