PSA and FCA have now completed their merger, paving the way for the creation of Stellantis. The new group’s ordinary shares will start trading on Euronext in Paris and Mercato Telematico Azionario in Milan on 18 January, and on the New York Stock Exchange on 19 January, each under the symbol “STLA”.
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The French automotive group PSA with its German subsidiary Opel and the French energy group Total with its subsidiary Saft have now signed an agreement to set up the Automotive Cells Company (ACC) joint venture.
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The electric air taxi manufacturer Volocopter gained a new shareholder: DB Schenker is joining the company founded in 2011. The participation of the rail logistics subsidiary is part of the third round of financing, which has brought the company a further 87 million euros.
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