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Fiat Chrysler CEO says final merger talks with Peugeot going well

BRUSSELS — Fiat Chrysler's chief executive Michael Manley said on Wednesday that merger talks with Peugeot owner PSA  to create the world's No. 4 carmaker are progressing well and he hopes to have a deal within 12-14 months. Speaking to Reuters on the sidelines of an industry meeting, he said he doesn't expect any major obstacles that could delay a final agreement. "Talks are progressing really well," Manley said about negotiations with the French carmaker ahead of a briefing by the European automotive association (ACEA), of which he is president. His comments come a month after the two carmakers agreed to a binding deal worth about $50 billion to combine forces in response to a slowdown in global demand and mounting costs of making cleaner vehicles amid tighter emissions regulations. Manley's timeline for completing the deal by early 2021 is in line with a forecast made by the companies in December. Fiat and Peugeot are now getting into the details of how the merger will work, including choosing which vehicle platforms — the technological underpinnings of a vehicle — will fit which products in a combined company. Because customers in different locations still prefer vastly different cars, there is room for multiple platforms in a combined group, Manley said. "That global platform is an elusive beast," he added. "This concept of a massive global platform in my mind is almost a myth, but that doesnÂ’t mean to say weÂ’re not going to recruit significant volume." Related Video:    

2019 Ram 1500 Tradesman shows off its simple lights

Each time a spy photographer has caught the 2019 Ram 1500 pickup running around, it's always had the same style of lights and grilles. This time, one of our photographers caught two Rams that have noticeably different versions of those body parts. The first one shown above has the same grille we've already seen. The difference is that the flashy LED-accented headlights are gone. Instead, it uses much simpler, more conventional reflector-style headlights. That doesn't mean Ram hasn't taken the time to give them a little flair, though. The lamps are divided such that the upper element lines up with the upper portion of the grille, and the lower portion with the grille bars and lower opening. The taillights are much simpler, too, also using a reflector setup and very clear lenses. These plain headlights lead us to believe that this is a base-model 1500 Tradesman. The second Ram shown has its lights well-covered, but the grille is exposed, and it's also different from past prototypes. It has a wavy mesh pattern in the grille openings rather than slats. The crossbar design remains, though. This different grille also confirms that Ram will offer appearance variations to distinguish models. We're not sure if this is a higher-level or lower-level trim, though. We would have a better idea if we could see the lights. All our questions should be answered soon, since the new Ram 1500 will be fully revealed next week at the Detroit Auto Show. Then we'll see all the grilles and headlights and their associated trims as they were meant to be. Related Video:

FCA delays Grand Wagoneer and next-generation heavy-duty Ram trucks

The upcoming Jeep Grand Wagoneer has had a tumultuous gestation thus far. At one point it was essentially confirmed, but later it was rumored to have been cancelled. In that context, the latest report from Automotive News is something of a mixed blessing. According to the publication, the Grand Wagoneer has simply been delayed, as has the next-generation Ram heavy duty truck line. This does not seem to affect the fully redesigned Ram 1500, which was previously reported to have been pushed back slightly to 2019. Automotive News says the information came from unnamed sources at the company. Nothing was said about how long the vehicles would be delayed. The publication also conjectures that FCA is delaying the models to save some money to help cover the company's $7 billion of debt , since re-tooling both the heavy-duty truck plant and eventual Grand Wagoneer plant will be expensive. View 6 Photos We reached out to Chrysler for more information on the subject, but the company wouldn't comment on the report. Even so, we wouldn't be too surprised if FCA is indeed delaying these products. The company has delayed a number of vehicles in recent years. In fact nearly every major FCA truck and SUV, including the Grand Wagoneer and Ram line, were delayed about a year and a half ago. We certainly hope the company doesn't delay the Grand Wagoneer for too long, since it's possible it will have a price tag of over $130,000. The profit margins on an SUV with that kind of MSRP would go a long way to helping to pay down the company's debt. Related Video: