Eight months ago, Fiat Chrysler Automobiles NV and PSA Group announced that they would join forces for a 50/50 merger of the operations of the two automakers. On July 15, corporations announced a new call to the organization for merged corporations: Stellantis.
The new name will not be appear on vehicles, and will instead be used only as a corporate brand name for the combined companies. According to a joint statement from Peugeot SA and Fiat Chrysler, the names and logos of their respective brands will remain unchanged. A logo for the newly announced corporate brand has yet to be released.
The new automotive group will be led by current Peugeot CEO Carlos Tavares and Fiat Chairman John Elkann and will form the world’s fourth-largest automotive manufacturer. As of December 2019, estimates for the companies’ combined value reached about $47 billion, larger than that of Ford Motor Co and approaching that of Volkswagen AG.
The name “Stellantis,” according to the joint statement, comes from a Latin verb, “stello,” “meaning ‘to brighten with stars.’” The use of the ancient language is appropriate, the statement said, as it expresses optimism while paying tribute to “the rich history of its founding companies.” This may be a nod to two families, one from each company with known histories in auto manufacturing. Elkann, from Fiat, is the chosen heir to the Agnelli family of Italy; Stellaris will combine their enterprise with that of the Peugeot family.
The overall effect on the coronavirus pandemic has not replaced the moment of the merger: one issued through the two corporations that reveals the corporate logo reiterated that the deal is expected to be concluded in the first quarter of 2021.
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A webinar organized through IndustryWeek on September 8, through BCI Global
Date: Tuesday 8 September 2020 Time: 14:00 EDT (GMT -5, New York) Duration: 1 hour Event type: live webinar Cost: free
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The description
COVID-19 hastens the desire to redesign its (global) network of distribution and production operations. What are the post-COVID-19 needs of your consumers, as well as point C of your business? And how do you combine resilience with risk, shorter timeframes and profitability? How can we balance low prices (e.g. production in China/Asia) with the decline in the dangers of the source chain (i.e. production in the giant markets of North America and Europe)? Or between short e-commerce delivery times and higher but less vulnerable stock points?
To accompany you in your strategic reviews, this webinar will ask you the following questions:
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Speakers
René Buck, CEO, BCI Global
René Buck is president and ceo of BCI Global, a company he founded in April 1985. More than 35 years later, BCI Global is one of the world’s leading independent production footprint optimization consulting firms, location strategy/site selection and chain design. BCI Global provides independent, independent and tailored advice.
BCI Global has been identified through Forbes mag as one of the most productive control consulting companies in America. Last year, René was chosen as the most productive CEO of the control consulting industry through Business Worldwide mag. René is a requested speaker at meetings around the world.
René specializes in production footprint methods and implementation consulting for production plants, distribution centers, study centers and progression centers in all regions of the world. He has pleaded for a wide variety of foreign corporations in various sectors: high technology; commercial appliances and products; Automobile; Medical Technology; food and drink; FMCG; Chemicals (bio) pharma; fashion and clothing; Logistics. Under his leadership, BCI helps more than 1,000 consumers in 50 countries.
Patrick Haex, Managing Partner, BCI Global
Patrick Haex is Managing Partner and Chief Practice Officer of the Global Supply Chain at BCI. Its role is to lead BCI’s consulting and implementation team, as well as with clients in the origin chain commitments.
Prior to joining BCI 18 years ago, Patrick served as a chain of origin, operations and IT in production corporations in sectors.
Patrick is active in a wide variety of vertical industry sectors, adding FMCG/GIC, lifestyle/fashion, e-commerce, life sciences, industry, top generation and spare parts. Patrick has directed and implemented the responses of the source chain in geographical spaces around the world, adding Europe, the Middle East, Africa, Russia/CIS, Asia-Pacific and Latin America.
Patrick is an opinion leader in chain strategy, network design and chain transformation and is a member of the CSCMP network executive committee.
BCI Global is one of the leaders in developing comprehensive, practical manufacturing and supply chain footprint strategies as well as selecting sites worldwide for new operations (including incentive negotiations) in the Asia Pacific region (including China and India), in the US and Europe, Middle East and Africa. In the last 35 years we worked for more than 1,000 clients including companies like Baxter Healthcare, Boston Scientific, Cisco, Columbia Sportswear, Danone, Donaldson, Emerson, Gentherm, IKEA, Johnson & Johnson, Medtronic, Microsoft, Mitutoyo, Mondelez, NCR, Nestle, Novartis, Novocure, O’Neill, Philips, Pitney Bowes, Roche, Sandvik, Urban Outfitters and Yamaha.
Our dedicated professionals have the experience and expertise to assist you with realigning your company’s footprint to accommodate geographic growth and diversification, or to improve the bottom line (reducing costs, adding value) and the service levels to your customers.
In Europe BCI Global has offices in London, Frankfurt, Nijmegen and The Hague (both the Netherlands); in the US in Atlanta, the Bay Area (Silicon Valley) and Los Angeles; and in AsiaPac in Shanghai and Singapore (for the whole region, including India).
Technical Details
This webinar will be conducted using a slides-and-audio format. After you complete your registration, you will receive a confirmation email with details for joining the webinar. System test (opens in a new window) Contact us
By submitting this form and your non-public information, you perceive and agree that the information provided herein will be processed, stored and used to provide you with the requested in accordance with Endeavor Business Media’s terms of use and privacy policy.
From our services, you agree to obtain magazines, electronic newsletters and other communications about the related offers of Endeavor Business Media, its brands, affiliates and/or third parties in accordance with Endeavour’s privacy policy. Contact us at [email protected] or by email at Endeavor Business Media, LLC, 331 54th Avenue N., Nashville, TN 37209.
You may opt out of receiving our communications at any time by sending an email to [email protected].