The company said it comes from "the Latin verb 'stello,' meaning 'to brighten with stars.'". In a major step as they move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on 18 December 2019, Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) today announce that the corporate name of the new group will be STELLANTIS. It's unusual in the auto industry to have a corporate name that does not include one of a company's brands. 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. All quotes are in local exchange time. It's the new name for the, The name was unveiled Wednesday night. 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. The MarketWatch News Department was not involved in the creation of this content. IMPORTANT NOTICE        By reading the following communication, you agree to be bound by 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 exchange or sell or solicitation of an offer to subscribe for or 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. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Coming up with new corporate names can be a tricky business. Disclaimer. Then the new US Air bought, Other names haven't aged as well. New-home sales surged in August to the highest level in 14 years, Brett Arends says if Trump has a plan to save Social Security he should tell us, http://www.prnewswire.com/news-releases/stellantis-the-name-of-the-new-group-resulting-from-the-merger-of-fca-and-groupe-psa-301094193.html, Dow slumps more than 200 points, S&P 500 trades in correction territory early Thursday after weekly jobless claims, Americans’ love affair with pickup trucks might be derailing their retirement plans, Historian who has accurately called every election since 1984 says Biden will beat Trump in 2020 race, 3 ways to de-risk your portfolio in volatile times, The second wave of a rolling bear market is about to begin, says top forecaster.

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