2004 Chrysler Crossfire - Sapphire Blue, 2 Sets Of Wheels on 2040-cars

Auto blog

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.

Zombie cars roundup: Dodge has sold 3 new Vipers this year

Car models come and go, but as revealed by monthly sales data, once a car is discontinued, it doesn't just disappear instantly. And in the case of some models, vanishing into obscurity can be a slow, tedious process. That's the case with the 12 cars we have here. All of them have been discontinued, but car companies keep racking up "new" sales with them. There are actually more discontinued cars that are still registering new sales than what we decided to include here. We kept this list to the oldest or otherwise most interesting vehicles still being sold as new, including a supercar. We'll run the list in alphabetical order, starting with *drumroll* ... BMW 6 Series: 55 total sales BMW quietly removed the 6 Series from the U.S. market during the 2019 model year. It had been available in three configurations, a hardtop coupe, a convertible and a sleek four-door coupe-like shape.   BMW i8: 18 total sales We've always had a soft spot for the BMW i8, despite the fact that it never quite fit into a particular category. It was sporty, but nowhere near as fast as similarly-priced competitors. It looked very high-tech and boasted a unique carbon fiber chassis design and a plug-in hybrid powertrain, but wasn't really designed for maximum efficiency or maximum performance. Still, the in-betweener was very cool to look at and drive, and 18 buyers took one home over the course of 2021.   Chevy Impala: 750 total sales The Impala represented classic American tastes at a time when American tastes were shifting away from soft-riding sedans with big interior room and trunk space and into higher-riding crossovers. A total of 750 sales were inked last year.   Chrysler 200: 15 total sales The Chrysler 200 was actually a pretty nice sedan, with good looks and decent driving dynamics let down by a lack of roominess, particularly in the back seat. Of course, as we said regarding the Chevy Impala, the number of Americans in the market for sedans is rapidly winding down, and other automakers are following Chrysler's footsteps in canceling their slow-selling four-doors. Even if Chrysler never really found its footing in the ultra-competitive midsize sedan segment, apparently dealerships have a few leftover 2017 200s floating around. And for some reason, 15 buyers decided to sign the dotted line to take one of these aging sedans home last year.

IIHS study finds minivans are unsafe for second-row passengers

The Insurance Institute for Highway Safety (IIHS) updated its moderate overlap front crash test in late 2022, and it found that four minivans struggle to protect second-row passengers. The agency stresses that minivan manufacturers need to prioritize safety for the rear occupants. While the minivan is no longer a common sight in driveways across America, it remains relatively popular among buyers with kids and gear to haul around. The IIHS tested four models: the Chrysler Pacifica, the Kia Carnival, the Toyota Sienna and the Honda Odyssey. These vans were put through an updated test that places a dummy the size of a small woman or a 12-year-old child in the seat directly behind the driver. IIHS explains that, for a vehicle to earn a "good" rating, there can't be an excessive risk of injury to the head, neck, chest or thigh. None of the four minivans achieved that distinction; the Pacifica, the Carnival and the Sienna got a "marginal" rating, while the Odyssey scored a "poor" rating. IIHS also points out that, with the exception of the Sienna, these vans lack a seatbelt reminder for the second-row passengers. Chrysler Pacifica View 5 Photos "The restraint systems in all four vehicles leave the second-row occupant vulnerable to chest injuries, either because of excessive belt forces or poor belt positioning. That's concerning because those injuries can be life-threatening," said Jessica Jermakian, the IIHS vice president of vehicle research, in a statement. IIHS stresses, in spite of these results, the back seat remains the safest place for children to travel in. In the Sienna, the rear dummy "submarined" (or slid forward) beneath the lap belt while the shoulder belt moved toward the neck. In the Carnival and the Pacifica, the seatbelt put too much force on the dummy's chest. IIHS adds that, alarmingly, the Pacifica's side curtain airbag did not deploy during the crash test and that the forces exerted on the dummy's neck were high in the Carnival. In the Odyssey, the forces exerted on the head and on the neck were even higher, and the dummy's head came too close to the front seatback in spite of the seatbelt. On a brighter note, all four vans earned a "good" rating for front-passenger protection. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Chrysler Honda Kia Toyota Safety Minivan/Van IIHS crash test Insurance Institute for Highway Safety