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Fiat Chrysler and Peugeot boards meet to finalize merger

MILAN/PARIS — The boards of Fiat Chrysler Automobiles and Peugeot will meet separately on Tuesday to discuss finalizing an initial agreement for a $50 billion merger to create the world's number four carmaker, sources said. A source close to FCA said the two companies could announce the signing of a binding memorandum early on Wednesday, followed by a conference call to explain further details later in the day. The two mid-sized carmakers announced plans six weeks ago for a tie-up to help them deal with big challenges in the industry, including a global demand downturn and the need to develop costly cleaner cars to meet looming anti-pollution rules. Ahead of the meetings, entities representing the Peugeot family, Etablissements Peugeot Freres (EPF) and FFP, unanimously approved a proposed memorandum of understanding for the planned merger, a source familiar with the situation said. FCA and PSA have said they would seek to finalize a deal by year-end to create a group with 8.7 million in annual vehicle sales. That would put it fourth globally behind Volkswagen, Toyota and the Renault-Nissan alliance. PSA's Carlos Tavares will be chief executive and FCA's John Elkann — the scion of Italy's Agnelli family, which controls FCA through their holding company Exor — chairman of the combined company. The group will include the Fiat, Jeep, Dodge, Ram, Chrysler, Alfa Romeo, Maserati, Peugeot, DS, Opel and Vauxhall brands, allowing it to serve mass and premium passenger car markets as well as those for trucks and light commercial vehicles. Related Video:       Chrysler Dodge Fiat Jeep RAM Citroen Peugeot

Chrysler readying 20 Moparized vehicles for SEMA

The Las Vegas Convention Center has plenty of space for aftermarket companies and automakers to show off their wares, and it looks like Chrysler is taking advantage of the spacious floor plan. At next month's SEMA Show, Chrysler will have a full 20 cars from its six brands decked out with Mopar gear.
As a hint of what is to come, Chrysler released a handful of teaser sketches showing glimpses of modified Jeep Cherokee, Ram 1500, Fiat 500L and Chrysler 300 concept vehicles. The automaker will also use the venue to show off a new line of Jeep Performance Parts offered by the all-new Mopar Off-Road Division. In addition to the images, Chrysler also issued a brief press release - posted below - breaking down some of the "industry-first features" that Mopar has offered in recent years.

Jeep to reveal new 2018 Wrangler in November, document shows

Jeep's much-awaited next-generation 2018 Wrangler looks set for a November reveal, according to a product graphic released by an FCA employee on Twitter. The SUV off-roader will move from Toledo South to Toledo North for production, with no lost production during the changeover. Information about the 2018 Wrangler has leaked for years now in dribs and drabs. The recent leak of an owner's manual and user guide provided the most details to date, including engine version — a 2.0-liter turbocharged four-cylinder or a naturally aspirated 3.6-liter Pentatar V6 — plus features like a power sliding top, removable soft top and doors, foldable windshield, 4WD Auto mode. Options include a blind-spot monitoring system and heated seats. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The new Wrangler is expected to feature an evolutionary restyling, with a slightly more aerodynamic body, aluminum body panels, LED lighting, eight-speed automatic transmission and an available diesel powertrain. Jeep has also confirmed a pickup truck version to be revealed shortly after the Wrangler JL. Here's a running list of everything we know about the new Wrangler JL. The FCA chart also suggests Jeep will reveal its new Cherokee and Ram 1500 during the first quarter of 2018, likely at the Detroit auto show.Related Video: