By Jessica Sier

Peugeot SA said late Wednesday that Stellantis will be the new name for the merged entity with Fiat Chrysler Automobiles NV.

The French and Italian companies are in the middle of a 50/50 merger that will create the fourth-largest car manufacturer in the world.

Stellantis stems from the Latin verb "stello," which means to "brighten with stars."

The merger is set for completion in the first quarter of 2021.

Write to Jessica Sier at jessica.sier@wsj.com

(END) Dow Jones Newswires

July 16, 2020 01:15 ET (05:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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