Fiat Chrysler, Peugeot owner PSA in talks to combine: source

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Fiat Chrysler, Peugeot owner PSA in talks to combine: source
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Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could...

- Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion automaker, a source familiar with the matter said on Tuesday.

Fiat Chrysler earlier this year broached a merger with French automaker Renault SA that ultimately collapsed. Fiat Chrysler Chairman John Elkann broke off talks with Renault in June after French government officials intervened, and pushed for Renault to first resolve tensions with its Japanese alliance partner, Nissan Motor Co.

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