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.

DXB welcomes 31.5 million guests in H1 amid regional disruptions
Apple to launch next iPhone on September 9 in first major event under new CEO
Dubai continues to lead global cities in cultural and creative FDI
Volkswagen CEO faces angry workers in push for radical cuts