Stellantis scraps plan to launch Peugeot in U.S. market

This post was originally published on this site

Stellantis, the world’s fourth-largest carmaker, was created by merger of FCA and Peugeot maker PSA in January. It was widely expected by analysts and industry experts that PSA’s plans to launch the brand in the U.S. market would be abandoned by Stellantis given the strength of FCA’s most profitable models there.