VÉLIZY-VILLACOUBLAY, France and
LONDON, Nov. 9, 2020 /PRNewswire/ --
IMPORTANT NOTICE
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the following limitations and qualifications:
This communication is for informational purposes only and is
not intended to and does not constitute an offer or invitation to
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buy, or an invitation to exchange, purchase or subscribe for, any
securities, any part of the business or assets described herein, or
any other interests or the solicitation of any vote or approval in
any jurisdiction in connection with the proposed transaction or
otherwise, nor shall there be any sale, issuance or transfer of
securities in any jurisdiction in contravention of applicable law.
This communication should not be construed in any manner as a
recommendation to any reader of this document.
This communication is not a prospectus, product disclosure
statement or other offering document for the purposes of Regulation
(EU) 2017/1129 of the European Parliament and of the Council of
June 14th 2017. An offer of
securities in the United States
pursuant to a business combination transaction will only be made,
as may be required, through a prospectus which is part of an
effective registration statement filed with the U.S. Securities and
Exchange Commission ("SEC"). Shareholders of Peugeot S.A. ("PSA")
and Fiat Chrysler Automobiles N.V. ("FCA") who are U.S. persons or
are located in the United States
are advised to read the registration statement when and if it is
declared effective by the SEC because it will contain important
information relating to the proposed transaction. A
registration statement on Form F-4 in connection with the
combination of FCA and PSA through a cross-border merger was filed
with the SEC on November 5, 2020 but
has not yet been declared effective. You may obtain copies of all
documents filed with the SEC regarding the proposed transaction,
documents incorporated by reference, and FCA's SEC filings at the
SEC's website at http://www.sec.gov. In addition, the effective
registration statement will be made available for free to
shareholders in the United
States.
Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V.
("FCA") (NYSE: FCAU / MTA: FCA) today reveal the logo of
Stellantis, the new group that will result from their 50:50
merger.
The logo symbolizes the rich heritage of Stellantis' founding
companies and the unique combined strengths of the new group's
portfolio of 14 storied automotive brands, as well as the diversity
of professional backgrounds of its employees working in all of the
regions. Along with the Stellantis name – whose Latin root "stello"
means "to brighten with stars" – it is the visual representation of
the spirit of optimism, energy and renewal of a diverse and
innovative company determined to be one of the new leaders in the
next era of sustainable mobility.
The unveiling of the logo is the latest step towards the
completion of the merger project, which is expected to occur by the
end of the first quarter of 2021, subject to customary closing
conditions, including approval by both companies' shareholders at
their respective Extraordinary General Meetings and the
satisfaction of antitrust and other regulatory requirements.
About FCA
Fiat Chrysler Automobiles (FCA) is a global automaker that designs,
engineers, manufactures and sells vehicles in a portfolio of
exciting brands, including Abarth, Alfa Romeo, Chrysler, Dodge,
Fiat, Fiat Professional, Jeep®, Lancia, Ram and Maserati. It also
sells parts and services under the Mopar name and operates in the
components and production systems sectors under the Comau and
Teksid brands. FCA employs nearly 200,000 people around the globe.
For more information regarding FCA, please visit
www.fcagroup.com.
About Groupe PSA
Groupe PSA designs unique automotive
experiences and delivers mobility solutions to meet all customer
expectations. The Group has five car brands, Peugeot, Citroën, DS,
Opel and Vauxhall and provides a wide array of mobility and smart
services under the Free2Move brand. Its 'Push to Pass' strategic
plan represents a first step towards the achievement of the Group's
vision to be "a global carmaker with cutting-edge efficiency and a
leading mobility provider sustaining lifetime customer
relationships". An early innovator in the field of autonomous and
connected cars, Groupe PSA is also involved in financing activities
through Banque PSA Finance and in automotive equipment via
Faurecia.
FORWARD-LOOKING STATEMENTS
This communication contains forward-looking statements. In
particular, these forward-looking statements include statements
regarding future financial performance and the expectations of FCA
and PSA (the "Parties") as to the achievement of certain targeted
metrics at any future date or for any future period are
forward-looking statements. These statements may include terms such
as "may", "will", "expect", "could", "should", "intend",
"estimate", "anticipate", "believe", "remain", "on track",
"design", "target", "objective", "goal", "forecast", "projection",
"outlook", "prospects", "plan", or similar terms. Forward-looking
statements are not guarantees of future performance. Rather, they
are based on the Parties' current state of knowledge, future
expectations and projections about future events and are by their
nature, subject to inherent risks and uncertainties. They relate to
events and depend on circumstances that may or may not occur or
exist in the future and, as such, undue reliance should not be
placed on them.
Actual results may differ materially from those expressed in
forward-looking statements as a result of a variety of factors,
including: the impact of the COVID-19 pandemic, the ability of PSA
and FCA and/or the combined group resulting from the proposed
transaction (together with the Parties, the "Companies") to launch
new products successfully and to maintain vehicle shipment volumes;
changes in the global financial markets, general economic
environment and changes in demand for automotive products, which is
subject to cyclicality; changes in local economic and political
conditions, changes in trade policy and the imposition of global
and regional tariffs or tariffs targeted to the automotive
industry, the enactment of tax reforms or other changes in tax laws
and regulations; the Companies' ability to expand certain of their
brands globally; the Companies' ability to offer innovative,
attractive products; the Companies' ability to develop, manufacture
and sell vehicles with advanced features including enhanced
electrification, connectivity and autonomous-driving
characteristics; various types of claims, lawsuits, governmental
investigations and other contingencies, including product liability
and warranty claims and environmental claims, investigations and
lawsuits; material operating expenditures in relation to compliance
with environmental, health and safety regulations; the intense
level of competition in the automotive industry, which may increase
due to consolidation; exposure to shortfalls in the funding of the
Parties' defined benefit pension plans; the ability to provide or
arrange for access to adequate financing for dealers and retail
customers and associated risks related to the establishment and
operations of financial services companies; the ability to access
funding to execute the Companies' business plans and improve their
businesses, financial condition and results of operations; a
significant malfunction, disruption or security breach compromising
information technology systems or the electronic control systems
contained in the Companies' vehicles; the Companies' ability to
realize anticipated benefits from joint venture arrangements;
disruptions arising from political, social and economic
instability; risks associated with our relationships with
employees, dealers and suppliers; increases in costs, disruptions
of supply or shortages of raw materials; developments in labor and
industrial relations and developments in applicable labor laws;
exchange rate fluctuations, interest rate changes, credit risk and
other market risks; political and civil unrest; earthquakes or
other disasters; uncertainties as to whether the proposed business
combination discussed in this document will be consummated or as to
the timing thereof; the risk that the announcement of the proposed
business combination may make it more difficult for the Parties to
establish or maintain relationships with their employees, suppliers
and other business partners or governmental entities; the risk that
the businesses of the Parties will be adversely impacted during the
pendency of the proposed business combination; risks related to the
regulatory approvals necessary for the combination; the risk that
the operations of PSA and FCA will not be integrated successfully
and other risks and uncertainties.
Any forward-looking statements contained in this
communication speak only as of the date of this document and the
Parties disclaim any obligation to update or revise publicly
forward-looking statements. Further information concerning the
Parties and their businesses, including factors that could
materially affect the Parties' financial results, are included in
FCA's reports and filings with the SEC (including the registration
statement on Form F-4 filed with the SEC on November 5, 2020), the AFM and CONSOB and PSA's
filings with the AMF.
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SOURCE Fiat Chrysler Automobiles NV