That's according to sources close to the matter.

The automakers hope the tie up will help fund a shift to cleaner vehicles.

If the EU gives the go ahead, it would formalize the creation of a group called Stella Antis.

It could use profits made from selling pickup trucks and SUVs in the U.

S to pay for the development of zero emission vehicles for sale in Europe and China.

The all share merger was announced late last year on would unite brands such as Fiat, Jeep and Dodge with the likes of Persia and Citrine.

It would also aim to make annual cost cuts of $6 billion without closing factories.

To allay EU antitrust concerns, P S.

A has offered to strengthen Japanese rival Toyota, with which it has a joint van venture by ramping up production and selling vans that close to cost price.

FC A and P S A will also allow their dealers in certain cities to repair rival brands.

The sources said that you decision could come by the end of the year ahead of the official deadline of February 2nd.

The two automakers have said they hoped to complete the merger by the first quarter next year.

The European Commission and Italian American group Fiat Chrysler declined to comment.

Francis P.

Ece also did not immediately respond.

Chairs were up in both companies Monday.

P S A rose around 3% while Fiat Chrysler gained as much as 6%.