The world's fourth largest car company has been born.
It's been confirmed that Fiat Chrysler will merge with Peugeot's owner PSA.
The details of the 50-50 merger are yet to be finalized.
However experts say the joining of the two companies will provide substantial cost savings for both sides.

US strikes deal to control 65 billion barrels of Venezuela's oil reserves
UAE grants Elon Musk's Starlink licence to provide satellite internet services
UAE real estate sector records strong H1 growth
UAE-Lebanon Business Forum drives new wave of partnerships
Meta agrees to pay $18 billion to settle US lawsuits over social media addiction
