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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:    

QB says University of Alabama offered him a Corvette to play football

The University of Alabama Crimson Tide football team could be in some hot water, following a pair of posts on social media.
The first post was sure to raise a few eyebrows on its own. It's an Instagram of sophomore running back Derrick Henry standing in front of his new Dodge Challenger (we're guessing it's an R/T based on the fender stripes). Complete with a custom set of wheels, the image was enough to trigger more than a few questions about where an unemployed student-athlete came up with the money for such a purchase. Now, this could be harmless. Henry, flush with a full-ride to Bama could have convinced his parents to get him something nice with his college fund.
The second post, though, is a straight-up accusation. It comes from former West Virginia Mountaineer and current CFL quarterback Pat White, who posted the following on his Facebook page.

All-Wheel Drive Dodge Challenger | Autoblog Minute

The all-wheel drive 2017 Dodge Challenger GT will be on display at the Detroit Auto Show in January. Dodge Autoblog Minute Videos Original Video autos challenger dodge challenger gt