2021 Ram 1500 Tradesman on 2040-cars

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Stellantis not looking for further mergers, including with Renault

MILAN — Stellantis Chairman John Elkann on Monday denied the carmaker was hatching merger plans, responding to press speculation about a possible French-led tie-up with rival Renault. Elkann said that the Peugeot owner, the world's third largest carmaker by sales, was focused on the execution of its long-term business plan. "There is no plan under consideration regarding merger operations with other manufacturers," said Elkann, who also heads Exor, the Agnelli family holding company that is the largest single shareholder in Stellantis. After abandoning the Russian market, at the time its second largest after France, and reducing the scope of its global cooperation with Nissan, Renault has been seen as a potential M&A target. Speculation intensified after an electric vehicle market slowdown forced it last week to cancel IPO plans for its EV and software unit Ampere. Its market cap remains stubbornly low at little over 10 billion euros ($10.8 billion) despite a financial recovery over the past few years. Stellantis, the product of a 2021 merger between France's PSA and Fiat Chrysler and one of the most profitable groups in the industry, has a market cap of more than 85 billion euros when unlisted shares are factored in. It has a 14 brand portfolio also including Citroen, Jeep, Opel and Alfa Romeo. NEWSPAPER REPORT Italian daily Il Messaggero had said on Sunday that the French government, which is Renault's largest shareholder and also has a stake in Stellantis, was studying plans for a merger between the two groups. A spokeswoman for Renault said on Monday the group did not comment on rumors. France's Finance Ministry had declined to comment on Sunday. Stellantis has crossed swords with the Italian government, which has accused it of acting against the national interest on occasions. Industry Minister Adolfo Urso last week raised the prospect of the Italian government taking a stake in Stellantis to help to balance the French influence. Renault shares pared gains after Elkann's comments to stand 1.2% higher by 1220 GMT, having initially risen more than 4%. Stellantis CEO Carlos Tavares, a Portuguese-national, last week said in an interview with Bloomberg that the group was "ready for any kind of consolidation" and that its job was to make sure that it would be "one of the winners". Analysts, however, question the rationale of a Stellantis-Renault merger, which would also expand the group's excess capacity in Europe.

FCA Drive for Design Ram truck contest winners chosen

Last month, Fiat Chrysler held a 24-hour sketch battle open to anyone in the world willing to design the "wickedest and most outrageous" version of a Ram truck. That flash contest was a sideshow to the main event, FCA's annual Drive for Design competition open to high schoolers in the 10th, 11th, and 12th grades who were this year asked to design a Ram pickup for the future. The automaker's design team judged the entries, led by Ram Truck and Mopar Exterior Design boss Mark Trostle, with outside input from Detroit sculptor Josh Welton. The contest closed on May 1, and the winners have been decided: Job Skandera, a 12th grader from Santa Clara, California took first place with his Ram Magma; Vincent Piaskowski, an 11th grader from Birmingham, Michigan (home of Autoblog's headquarters) earned second place with an electric Ram; third place went to the Ram 1500 Series A by 11th grader Alex David Kirschmann from Auburn Hills, Michigan. Kirschmann clearly has a knack for this since he earned second place in last year's Drive for Design competition. The Ram Magma's name is suggested by the translucent polycarbonate windows that forego traditional tinting for a crystalline red privacy sheen "inspired by volcanic igneous rock." The Magma also showcases multiple light bars stretched across the roof, a UV water purifier system between the cab and bed, and a stove embedded into the tailgate. Thankfully, the feature set includes an adjustable suspension that lowers the cab to mortal levels of ingress. The electric Ram protects its extremities with a lightweight graphene hardcoat, offers side storage outside the bed, more storage under the bed floor, a heavy duty power station tucked into the bed wall, and the sandwiched tailgate can form a two-tier shelf system for organization on the job site. That tailgate gives us some real ideas. The 1500 Series A is Judge Dredd's truck when he leaves his Lawmaster motorcycle at the office. The RamBox storage compartments and retractable tonneau cover would represent sentimental historical touches when he's running errands — and moving everyone out of his way — in Mega-City One. Due to social distancing, the traditional awards ceremony and visit to FCA design HQ to talk with team members had to be canceled.

Ram 1500 Limited Longhorn Southfork Edition returns for 2022

Ram has steadily banged out packages and upgrades this year for the 2022 1500 pickup. So far we've had the Mopar-assisted G/T, the off-road ready Backcountry, the luxed-up, celebratory Limited 10th Anniversary, and new Uconnect 5 infotainment. At the same time, the brand that topped the 2021 J.D. Power Initial Quality Study has reworked how options and packages can be combined in order to keep the assembly lines running. Mopar Insiders reports that there's another special package coming for next year called the Longhorn Southfork Edition. This returns a name last seen in 2018 on the Laramie Longhorn Southfork Edition, but for next year it starts with the top standard trim to become the Limited Longhorn Southfork Edition.  Three years ago, the Southfork made do with a couple special colors and lots of extra leather and suede. Since this new one starts with the Limited there will be plenty of hide, as well as suede in places like the door bolsters, plus laser filigree detailing and a Mopar bright pedal kit. The special interior hue is called Mountain Brown. But the 2022 Southfork gets a tad more rugged utility, the Bed Utility Group comprising Mopar's deployable bed step, four adjustable tie-down hooks, and pick-up bed LED lighting, as well as a spray-in bedliner and Ram's Multifunction tailgate. The package sticks with the standard 20-inch painted and polished wheel, here wrapped in Falken Wildpeak A/T tires that usually require adding the Off-Road Group.   MI's dealer sources say the Limited Longhorn Southfork Edition will start at $1,295. Assuming the 2022 Ram 1500 Limited pricing doesn't increase from its present $62,645 after destination and the package can be bought standalone, a buyer can get away for around $63,940 if opting for the sole no-cost exterior color of Ivory White Tri-Coat.  Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.