ROME (Reuters) – Stellantis Chairman John Elkann on Thursday denied there was any truth to rumours that the company is in merger talks with fellow European automaker Renault.
“We are not discussing any merger,” Elkann said at the FT Future of the Car Summit in London, speaking in a panel discussion with Renault CEO Luca de Meo.
The two companies in October already dismissed as rumour and speculation media reports that they may join forces.
Stellantis was created in 2021 from the merger of Fiat-Chrysler with France’s PSA, the maker of Peugeot and Citroen. The Franco-Italian company includes the Jeep and Opel brands.
(Reporting by Alvise Armellini, editing by Gavin Jones)
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