1999 Jeep Cherokee Sport 4x4 4.0l Sunroof Full Power Lifted 35in Tires on 2040-cars

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FCA and Peugeot reportedly agree on merger

Citing a Wall Street Journal report, the Detroit Free Press says "Fiat Chrysler and PSA Groupe have agreed to merge." The Journal reported on talks between the two car companies only yesterday. It's said that Peugeot's board met yesterday to approve the deal, FCA's board met today, and an announcement could come as soon as tomorrow, Thursday. Both automakers have released statements, but neither company has released any information beyond admitting to ongoing talks. If the merger happens, the combined entity would become the world's fourth-largest carmaker with a $50 billion valuation, slotting in behind Toyota, the Volkswagen Group, and the Renault Nissan Mitsubishi alliance. Among the merger options possible, "an all-stock merger of equals" is the one analysts and Moody's seem to give the best grade. The reported merger would come about four months after FCA walked away from merger talks with Renault. FCA said the French government scuppered those talks over the role of Nissan in a reformed entity, but there were also brewing issues with French unions, and ongoing turmoil among Renault and Nissan leadership thanks to continuing fallout from ex-CEO Carlos Ghosn's arrest last year. FCA makes most of its revenue in the U.S. and rules Italy, while Peugeot is the second-best-selling automaker in Europe with its own brand in France and Opel in Germany. The two companies already have a partnership in Europe making vans, one that FCA CEO Mike Manley has spoken highly of. Among the list of obvious benefits in a potential merger, FCA would get access to Peugeot's small, modern platforms, $10.2 billion in cash, and electrified and hybrid architecture developments, the latter especially important to FCA as those are fields where it lags. Peugeot would get much easier access to the U.S. market, and the money-printing brands Jeep and Ram. A merged carmaker would have combined sales of nearly 9 million a year, based on 2018 results. By comparison, both Volkswagen and Toyota sell over 10 million cars a year, while the Renault-Nissan-Mitsubishi alliance almost 11 million. Peugeot CEO Carlos Tavares has proved he knows how to do turnarounds and mergers. After leaving a position as Carlos Ghosn's right-hand man in 2012, Tavares took over Peugeot in 2014, navigated a bailout from the French government and China's Dongfeng Motors in 2015, and turned PSA into a regional powerhouse.

Chinese Jeep production confirmed with Fiat, Guangzhou agreement

Fiat has just finalized a deal originally set up in January between it and China's Guangzhou Automotive Group to bring Jeep production to China. It remains unclear which models will be built, although we're wagering that it'll be the 2014 Cherokee. What we do know, now, is where production will take place.
According to Automotive News, Guangzhou originally wanted production to take place in its home assembly plant in its namesake city. Fiat has battled to send production to a joint venture facility established between Guangzhou and Fiat in the town of Changsha. The joint facility won out, and now the factory, originally built in 2010 with a 140,000-unit capacity, will see Jeeps rolling out of it.
Currently, the GAC-Fiat factory produces the Fiat Viaggio, a jointly developed product that is closely related to America's Dodge Dart. And while it remains unclear as to which model will join the Viaggio on the assembly line, that model is understood to ride on Fiat's Compact platform. The only Jeep to share those underpinnings is the new Cherokee, so there's not much connecting of dots needed to see why this scenario would make sense.

Jeep Wrangler 'Scrambler' truck spied again, our best look yet

The upcoming Jeep Wrangler pickup truck has been a closely-guarded vehicle for a while, and as a result, quite a few photos have been from quite a distance and sometimes a tad blurry. These new shots are exciting because they're taken much closer and are very clear. Unfortunately, FCA is still being very careful with camouflage, and as a result, there isn't much to see here. We can definitely tell that from the C-pillar forward, the truck is practically identical to the 2018 Wrangler Unlimited, down to the rear doors that are angled to clear the Unlimited's rear wheels. That's not necessary here, so there's a large section of sheetmetal between the door crease and the fenders. We're curious how Chrysler will address that to keep it from looking awkward. We also get another look at the rear suspension. As we previously reported, the rear suspension seems to share more in common with the Ram 1500 than the Wrangler SUV. The shock placement and low anti-roll bar are among the details that are very Ram-esque. Like both the Ram and the Wrangler, the Scrambler will use coil springs at all four corners, and as with the Wrangler, the front axle is solid, too. Other details we expect for the Wrangler Scrambler pickup are the gas-powered V6 and turbo inline-four engines mated to either an eight-speed automatic or six-speed manual transmission. It will probably get the EcoDiesel V6, eventually, too. The truck will also probably have a convertible top based both on rumors and spy photos of an older prototype. We expect the Wrangler pickup will be revealed early next year in time for delivery later that year. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.