In the future, owners won’t even need to pull out their smartphone to unlock their car.
The PSA Group and Fiat Chrysler Automobiles reportedly aren’t planning to ditch any of their brands.
Industry analysts predict that European factories in the new combined company are in risk of closure.
The Trump Administration wants to look carefully over FCA’s merger deal with PSA.
PSA also has a larger joint venture with Dongfeng, through which it shall continue to build DS models.
Market analysts comment that PSA is paying more money than Fiat in order to assume control of FCA.
The new FCA-PSA unit is expected to achieve around $4.13 billion (3.7 billion euros) in annual run-rate synergies and have a combined market value of around $50 billion.
An official announcement may come as early as Thursday morning.
PSA and FCA could create one of the world’s leading automotive groups.
The two car makers are currently discussing the possibility of a merger of equals, according to sources.
The terms of the transaction were not made public, but they will allow Mahindra to use the Peugeot Motocycles branding.
Jackson took over as Citroen’s CEO in 2014 and, although the company did confirm hiring Mitsubishi’s ex head of production, didn’t comment on any leadership change.