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Hyundai reportedly eyeing a takeover of FCA

The CEO of Hyundai Motor Group plans to launch a takeover bid for Fiat Chrysler ahead of the planned retirement of FCA Chief Executive Sergio Marchionne next spring, Asia Times reports, citing unnamed sources close the situation. CEO Chung Mong-koo will wait for an expected decline in the Italian-American automaker's shares to make his move. Hyundai isn't commenting on the rumors, unsurprisingly, but would presumably stand to benefit by gaining Chrysler's dealer network and the lucrative Jeep brand and probably Ram, too. An FCA spokeswoman in Auburn Hills told Autoblog the company had no comment. But like any story about a possible takeover, this one gets complicated with inside players — and President Trump's posturing on international trade issues. FCA has been the subject of takeover interest before, including by Hyundai, but Marchionne has denied a merger was likely, instead saying his company was in talks with the Korean automaker about a technical partnership. In 2015, Marchionne lobbied General Motors hard, but unsuccessfully, for a tie-up; he was also spurned by Volkswagen. Marchionne had repeatedly stressed the need for car companies to merge to decrease overcapacity and better afford the massive investments needed for things like autonomous and electric vehicles. In the case of Hyundai's reported interest, there is a cast of characters. One is Paul Singer, principal of the hedge fund Elliott Management, an activist shareholder with a $1 billion stake in Hyundai and a major owner of equities in Fiat's home turf of Italy. Then there is FCA Chairman John Elkann, who reportedly disagrees with Marchionne on a successor as CEO of Fiat Chrysler but has little interest in running the company himself and would prefer a merger. Compounding things is what the Trump administration would think of a further blending of Fiat Chrysler's international DNA, though a deal with a Korean automaker is thought to be more palatable to the president and members of Congress than by a Chinese conglomerate like Great Wall Motor, which has confirmed its interest in taking over all or parts of FCA. The full Asia Times piece is here. Related Video: News Source: Asia TimesImage Credit: REUTERS/Rebecca Cook Chrysler Fiat Hyundai Jeep RAM Sergio Marchionne FCA merger takeover

2018 Jeep Wrangler will have an aluminum hood and doors, leaked memo says

Earlier this year, FCA CEO Sergio Marchionne revealed that 2018 Jeep Wrangler would feature a heavy dose of aluminum, though he didn't specify how. Now, JL Wrangler Forums says the Wrangler will use the material for the hood and the doors, citing an internal bulletin from aluminum supplier Alcoa. According to the forum, the company says the next-gen Wrangler will utilize Aloca's C6A1 (an internal name) high form alloy. The SUV will also get 6022 and A951 from Alcoa that will be used on the SUV's front and rear doors, as well as for the hood. Alcoa's C6A1 is the company's new high form alloy, while its 6022 alloy sheet can be found on things like a car's hood, door, or closure panels. Alcoa's A951 is the company's pre-treatment aluminum sheet bonding technology that it uses on automobiles. "A team in the Farmington Hills (Michigan, USA) Aerospace and Automotive Products group is leading a new profitable growth opportunity with the 2018 Jeep Wrangler program. The next generation Jeep becomes the first to utilize our C6A1 high form alloy; we are currently the only supplier of this high form product. Alcoa will also supply 6022 and A951, including front and rear door inners, hood outer and inner." As Marchionne pointed out earlier this year, the 2018 Wrangler won't be made entirely out of aluminum. So Alcoa's contribution to the upcoming SUV's doors and hood could be the only components that use the lightweight metal – or Jeep could be using another aluminum supplier for other parts. Large changes lie ahead for the 2018 Wrangler, which include a pickup version, new engines, and aluminum. But we do know that the next Wrangler is that it will be built in Toledo, OH, as FCA announced plans to spend $1.05 billion to retool the Wrangler factory, while also adding another site in Illinois earlier this year. Related Video:

2018 Jeep Wrangler interior revealed with retro touches and bright colors

Easily one of the weakest points of the current Jeep Wrangler (and most past ones for that matter) is the bleak, black plastic interior. Now, thanks to a pair of images from Jeep we get our first unobscured look at the new Wrangler's interior. And thanks to some retro cues, it's a much brighter and more cheerful place. As expected from spy photos, the dashboard's main design features are simple, flat body-color panels positioned in front of the driver and passenger. They harken back to the painted metal dashboards of vintage Jeeps, and at the same time bring a splash of color and contrast to what would otherwise be a plain, average interior. In fact, it's the same strategy used by both the Fiat 500 and Volkswagen Beetle. There's more metal-finish trim around the switches that advance the bright look, too. The whole dash is flatter, with things like the grab handle mounted flusher. Everything has a more geometric, crisp shape, with each bank of buttons featuring beveled borders. At the top of the dash is a big touch screen for infotainment. It's possible lower-trim levels will have head units with smaller screens and some more buttons, but at least on this model, it's all about the touchscreen. There are volume and tuning knobs lower, though. This is also where the various climate controls are found. The instrument panel gets a sharp-looking center screen, too, and the analog dials have been reduced from four large units down to two on either side of the screen. Below the climate controls are the window switches, power outlet and media inputs. At the very bottom we find switches for off-road features, indicating that this is probably a Rubicon model. A switch to the left surrounded by red accenting controls the front and rear differential locks, and in the middle is a button for disconnecting the anti-roll bars for greater articulation. On the right are four generic buttons that seem like the auxiliary toggles in the F-150 Raptor, so they should be able to connect to lights, a winch, and other aftermarket accessories. Jeep still hasn't revealed any other details on specifications or pricing. That information will be released on November 29 during the Wrangler's official reveal at the L.A. auto show. We expect it to only offer a V6 at launch with either a manual transmission (shown in the images) or an automatic, with the turbocharged four-cylinder engine coming later. Related Video: