FIAT CHRYSLER AND PEUGEOT VOTE FOR MERGER

Shareholders of Fiat Chrysler and PSA Peugeot voted Monday to merge and create the world’s fourth- largest auto company. Addressing separate meetings, PSA Peugeot CEO Carlos Tavares and Fiat Chrysler Chairman John Elkann spoke of the “historic” importance of the merger. Tavares will run the new company, while Elkann stays on as chairman. The companies expect the deal to be finalized Jan. 16, with shares in the combined company, to be called Stellantis trading on Jan. 18 in Milan and Paris and Jan. 19 on the New York Stock Exchange.