Fiat Chrysler does not see delay in PSA merger, says FIOM union

by SpeedLux
Fiat Chrysler Automobiles FCA

Fiat Chrysler did not made mention of any possible delay in the merger process with PSA during a call with unions on Tuesday, metal workers’ union FIOM stated.

“No delay on the merger with PSA was mentioned to us,” FIOM representative Michele De Palma informed Reuters, correcting a previous FIOM statement which said a delay was “certain” because of the current situation.

Union representatives held a conference call with FCA’s Chief Operating Officer for Europe, Middle East and Africa Pietro Gorlier to talk about the coronavirus crisis.

De Palma confirmed, however, that the automaker said during the meeting that its industrial plan would go through a delay.

Last week FCA’s controlling shareholder Exor stated it expected the merger with PSA would be finished early next year, as initially planned.

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