MILAN --  Fiat Chrysler Cars mentioned on Friday it determined to postpone to late June its shareholders' assembly scheduled for April 16, as a consequence of the persevering with coronavirus emergency.

The automaker mentioned in an announcement that the choice on its shareholders' assembly would consequence within the postponement of a decision on the automaker's deliberate 1.1 billion euro ($1.2 billion) bizarre dividend on final 12 months's outcomes.

"The brand new date for the AGM might be introduced as quickly as practicable," FCA mentioned.

On Thursday Peugeot proprietor PSA, which has signed a binding merger take care of FCA to create the world's fourth-largest automaker, additionally mentioned it postponed its annual shareholders' assembly from Might 14 to June 25.