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Stellantis is official: FCA and PSA merger finally sealed

MILAN — Fiat Chrysler and PSA sealed their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen. It took over a year for the Italian-American and French automakers to finalize the $52 billion deal, during which the global economy was upended by the COVID-19 pandemic. They first announced plans to merge in October 2019, to create a group with annual sales of around 8.1 million vehicles. "The merger between Peugeot S.A. and Fiat Chrysler Automobiles N.V. that will lead the path to the creation of Stellantis N.V. became effective today," the two automakers said in a statement. Shares in Stellantis, which will be headed by current PSA Chief Executive Carlos Tavares, will start trading in Milan and Paris on Monday, and in New York on Tuesday. Now analysts and investors are turning their focus to how Tavares plans to address the huge challenges facing the group – from excess production capacity to a woeful performance in China. Tavares will hold his first press conference as Stellantis CEO on Tuesday, after ringing NYSE's bell with Chairman John Elkann. FCA and PSA have said Stellantis can cut annual costs by over 5 billion euros ($6.1 billion) without plant closures, and investors will be keen for more details on how it will do this. Marco Santino, a partner at consultants Oliver Wyman, said he expected Tavares to disclose the outlines of his action plan soon, but without divulging too many details at first. "He has proven to be the kind of person who prefers action to words, so I don't think he will make loud statements or try to over-sell targets," he said. Like all global automakers, Stellantis needs to invest billions in the years ahead to transform its vehicle range for the electric era. But other pressing tasks loom, including reviving the group's lagging fortunes in China, rationalizing its huge global empire and addressing massive overcapacity. "It will be a step by step process, also to allow the market to better appreciate every single move. I don't think we will have all the details before one year," Santino said.

2019 Ram 1500 Sport trim is exclusive to Canada, can be replicated in America

Ram already revealed one region-exclusive 2019 Ram 1500 pickup in the form of the Lone Star trim for Texas. It's basically a Big Horn with fancy badges. But that's not the only one, as it has introduced a Sport trim that will only be available in Canada. Just like the Lone Star, the Sport has an analogue buried among the many trims and options for American-market Rams. But before we get into how U.S. buyers can re-create the Sport, let's take a look at what makes the Sport ... sporty? It's only available with a 5.7-liter V8 making the standard 395 horsepower and 410 pound-feet of torque. Both two- and four-wheel drive are available as are quad and crew cabs. The exterior features standard LED lights, a body-color grille and other body-color trim, along with a number of black bits of trim including badges. The standard wheels are 20-inch units, while black and silver 22-inch wheels are optional. Also optional is the more aggressive Sport hood. The interior is all black with either cloth and premium vinyl seats or optional leather. It also has diamond-plate steel pattern trim from the Rebel, plus a Sport badge on the dash. Now, the trim looks quite nice, and it's easily re-created in America. To get the same features such as the LED lights, simply choose the Laramie trim level. It can be equipped with the Sport Appearance package which includes everything you see on the body, including the aggressive hood. The one difference is the lack of black badging. The same 22-inch wheels are also available as an option. And, if you want to save a little bit of money with almost the same looks, you can choose a Big Horn Ram, which doesn't have the LED lights, but the Sport Appearance package is still available, along with 20-inch wheels. But if you really want those LED lights, they are an option on the Big Horn. The Big Horn also opens up the option of the V6, if you're feeling especially frugal. If you're in Canada and like the look of the Sport, it goes on sale in the second quarter of 2018. And if you're in the U.S., just spec out a Big Horn or Laramie. Related Video:

Ram 1500 Stinger Yellow is yellow, not quite a Rumble Bee

Ram introduced the Rumble Bee Concept, a black-and-yellow version of the standard single-cab 1500, at the 2013 Woodward Dream Cruise and it was barely a month before rumors started popping up that the visually loud pickup would see production. But in the nearly three years since that debut at 13 Mile and Woodward, there's been nothing to match the Rumble Bee's look. But the new 1500 Stinger Yellow tries. This is best thought of as a spiritual successor to the Rumble Bee, in that it sports a similar black-on-yellow theme inside and out. It's also strikingly similar to the Ignition Orange special-edition 1500 offered last year. Based on the lone image, Stinger Yellow looks to be a more traditional paint than the Drone Yellow matte finish of the Rumble Bee. Instead of black sport stripes, this Ram 1500 wears a pair of black decals on the twin hood scoops that look more than a little something like what you'd see on an early Dodge Challenger SRT8. 001-ram-rumble-bee-concept View 6 Photos The silver-painted alloys are also a departure from the Rumble Bee. The standard five-spoke 22s (20s four-wheel-drive models get 20s) are fine, but they'd carry a bigger visual impact if they matched the hood decals. The same wheels are offered in black on the 1500 Black Sport package. Ram hasn't released any interior shots, but we're told the cabin's color scheme is the inverse of the exterior, with black materials interspersed with "light black chrome" and yellow accents. While Ram doesn't outright say it, a bright yellow pickup truck can't get by with a naturally aspirated V6 engine. The only powertrain available on the 1500 Stinger Yellow Sport is FCA's charming 5.7-liter, 395-horsepower Hemi V8 with an eight-speed automatic transmission. Oh, and you'd better like four doors, because unlike the single-cab Rumble Bee, a Crew Cab body is the only way to fly with the Stinger. We'll cop to being a little disappointed here. Yellow trucks are cool because they represent an unabashed embrace of the Bro Truck lifestyle – say what you will about Bro Trucks, but we respect commitment to car culture no matter what. But this 1500 Stinger Yellow feels just a little half-hearted. We aren't asking for the Rumble Bee.