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2017 Chrysler Pacifica Hybrid starts at $43,090, or just over $35,000 with a tax credit

Chrysler has announced pricing for its 2017 Pacifica Hybrid plug-in minivan, and with the federal tax credit, it's priced similarly to mid-range vans. The Hybrid Premium starts at $43,990, or $35,590 after the credit, and the Hybrid Platinum starts at $46,090, or $38,590 with the credit. In Chrysler's line-up, these are close in cost to the Touring L and Touring L Plus Pacifica models, as well as mid-level trims on competitors' minivans. The big difference being that the Pacifica Hybrid provides up to 30 miles of electric range on a full charge and an 80 MPGe rating in the city. The Pacifica Hybrid is equipped similarly to the mid-range Pacificas. The Premium trim comes standard with leather seats all around, seat heaters for the front, remote start with pre-conditioning, three-zone automatic climate control, active noise cancellation, 7.3 inch color display in the instrument panel, and the SafetyTec package. This package includes features such as rear park assist and blind-spot monitoring. The Platinum trim adds Nappa leather and front ventilated seats, a heated two-tone steering wheel, 13-speaker sound system, Uconnect Theater rear entertainment, and a programmable key for young drivers (or sketchy-looking valets). At a potential price of just over $35,000, the Pacifica Hybrid is an appealing package, since it's a plug-in hybrid with usable range and loads of space. However, this is the case as long as the tax credit holds out. Once the credit is no longer available, the Pacifica Hybrid will top the line for pricing. At that point, its value proposition will have to be weighed more heavily against its green cred and driving dynamics. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Fiat Chrysler CEO says final merger talks with Peugeot going well

BRUSSELS — Fiat Chrysler's chief executive Michael Manley said on Wednesday that merger talks with Peugeot owner PSA  to create the world's No. 4 carmaker are progressing well and he hopes to have a deal within 12-14 months. Speaking to Reuters on the sidelines of an industry meeting, he said he doesn't expect any major obstacles that could delay a final agreement. "Talks are progressing really well," Manley said about negotiations with the French carmaker ahead of a briefing by the European automotive association (ACEA), of which he is president. His comments come a month after the two carmakers agreed to a binding deal worth about $50 billion to combine forces in response to a slowdown in global demand and mounting costs of making cleaner vehicles amid tighter emissions regulations. Manley's timeline for completing the deal by early 2021 is in line with a forecast made by the companies in December. Fiat and Peugeot are now getting into the details of how the merger will work, including choosing which vehicle platforms — the technological underpinnings of a vehicle — will fit which products in a combined company. Because customers in different locations still prefer vastly different cars, there is room for multiple platforms in a combined group, Manley said. "That global platform is an elusive beast," he added. "This concept of a massive global platform in my mind is almost a myth, but that doesnÂ’t mean to say weÂ’re not going to recruit significant volume." Related Video:    

Revisiting the 2008-09 auto bailout that saved GM and Chrysler

The Federal Reserve stayed open late on December 31, 2008. There's almost no way you could remember that because barely anyone knew at the time. But General Motors had to pay its bills, and the Fed wired money so GM could still buy things in January. Without those funds, the nation's largest automaker wouldn't have seen much of 2009. It's one of many heart-stopping moments that illustrate just how close Detroit's Big Three came to extinction nearly a decade ago. They're chronicled in a new movie, Live Another Day, premiering in theaters September 16. Filmmakers Bill Burke and Didier Pietri interviewed nearly all of the key executives, federal officials, and union chiefs to recreate the auto industry's most perilous period. The movie begins in the aftermath of Lehman Brothers' demise amid the global financial meltdown. Things looked bleak for American carmakers, and their CEOs were laughed off Capitol Hill when they sought a Wall Street-style bailout. "It was a feeling that it was the end of the world," Pietri told Autoblog in an interview where he and Burke previewed the film. Saved by last-minute loans authorized by the Bush Administration after Congress refused to act, Detroit staggered into 2009 with a faint pulse. Live Another Day illustrates the downward spiral that played out that winter as President Obama and his task force – with little prior knowledge of the auto industry – wrestled over the fate of hundreds of thousands of jobs. GM's longtime CEO Rick Wagoner was fired in March. Fiat CEO Sergio Marchionne suddenly appeared as a savior for Chrysler, with his own motives. Obama rejected restructuring plans from the automakers. Chrysler declared bankruptcy on April 30. GM followed June 1. The sequence was very public, but Pietri and Burke showcase lesser-known events that shaped the outcome. They also seek to dispel the notion that the government rescued GM and Chrysler from incompetent leaders. "We never subscribed to the theories that the management structures of the companies were a bunch of idiots who didn't know what is going on," Pietri said. At one point, Chrysler executives were negotiating with Marchionne and Fiat. Unbeknownst to them, the government was having its own talks with the Italian automaker. The filmmakers also cast light on the bankruptcy process, which was shredded to shepherd two of America's industrial icons through reorganizations.