Paris/Milan | Fiat Chrysler (FCA) and Peugeot maker PSA said on Wednesday they had agreed on a binding merger in a $US50 billion ($73 billion) deal that will pave the way to the creation of the world's fourth-largest car maker.
The two mid-sized auto firms, which are yet to decide on a name for their new company, announced plans six weeks ago for a tie-up that will reshape the global industry, as car manufacturers grapple with a global downturn in demand.
