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Peugeot, FCA Merger to Result in New Brand

AM800-NEWS-FCA-LOGO-GETTY-1.2260404 A picture shows the Fiat Chrysler Automobiles (FCA) logo at the entrance of the headquarters, on April 19, 2015 in Turin. AFP PHOTO / GIUSEPPE CACACE (Photo credit should read GIUSEPPE CACACE/AFP/Getty Images) (Fiat-Chrysler Automobiles company sign. (GIUSEPPE CACACE/AFP/Getty Images))

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Existing Vehicle makes and models will keep their names and logos, according to the release

An upcoming merger between two of the biggest automakers in the world will result in a new brand.

It was announced on Wednedasy that when Fiat-Chrysler Automobiles (FCA) and French automaker Peugeot complete the merger in 2021, the new company will be known as Stellantis — a word rooted in the Latin verb stello that means to brighten with stars.

Stellantis will also be used at the group level as the corporate branding and the creation of a corporate logo is in the works.

Existing Vehicle makes and models will keep their names and logos, according to the release.

Groupe PSA owns Peugeot, a French conglomerate that also owns automaker Citroen, German manufacturer Opel and British make Vauxhall.

The merger will result in the world's fourth-largest automaker, after Toyota, Volkswagen Group, and Hyundai-Kia.