1983 Jeep Cj8 Scrambler 350 V8 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.

'84 MotorWeek Cherokee, Bronco and Blazer comparison indulges your SUV nostalgia

These days, truck-based, full-frame SUVs are somewhat of a rarity on the auto landscape due to the rapid rise in popularity of easier-driving, car-based crossovers. Although, without the gradually building popularity of these chunky, high-riding vehicles decades ago, it's unlikely that America's roads would be filled with so many CUVs today. In its latest dig into the archives, MotorWeek has found a 1984 comparison test of a trio of these early Sport Utility Wagons, as long-time host John Davis called them, that helped get acceptance of this segment going. This is a red, white and blue test of the SUVs from American automakers at the time and pits the Chevrolet Blazer, Ford Bronco and Jeep Cherokee (specifically in Wagoneer guise) against each other. Driving manners and interior usability are considered in the evaluation, but Motorweek actually takes these vehicles off road, too. Among the bigger revelations is the improvement in on-road ability in the past 30 years. While specific 0-60 times aren't given, all three models take around 10 seconds just to get to around 50 miles per hour in the 500-feet on-ramp acceleration test. Check out this clip to see just how far this segment has progressed in the past three decades or just get a blast of nostalgia from these now vintage models. News Source: MotorWeek via YouTube Chevrolet Ford Jeep SUV Off-Road Vehicles Classics Videos Ford Bronco chevy blazer

2019 Jeep Renegade gets new turbo engine and new styling

We told you about the European-spec 2019 Jeep Renegade in June, but today we have the low-down on what the U.S. can expect from the refreshed crossover. New for 2019 is a 1.3-liter turbocharged four-cylinder engine that makes 177 horsepower and 200 pound-feet of torque. That means the 1.3-liter boosted four is actually more powerful than the outgoing 160 horsepower 1.4-liter. This engine will be standard on Limited and Trailhawk models but optional on the Sport and Latitude — those cheaper trims will get the carryover 2.4-liter naturally aspirated four-cylinder engine standard. If you option the 1.3-liter, it'll come with stop-start tech as well. Regardless of engine choice, you'll be getting a nine-speed automatic transmission because the existing six-speed manual is MIA for 2019. As a refresher from what we learned before, the Italian-built Jeep crossover gets new front and rear fascias plus new wheel designs to differentiate it from 2018. You can even get 19-inch wheels on Latitude and Limited trims. An available full LED lighting package brings LED headlights, daytime running lights, fog lamps and taillights. Driver assistance features including adaptive cruise control, parallel/perpendicular park assist and front parking sensors are optional as well. There aren't any pictures of the new colors yet, but you can get Slate blue, Sting grey and Bikini paint on your Renegade ... interesting name choice on the last one. Of course, the Renegade will be offered in both front-wheel and four-wheel drive, with the Trailhawk being the most capable of the bunch off-road. Jeep hasn't released official fuel-economy numbers for the 1.3-liter turbo, but it says the smaller engine and active grille shutters should yield an improvement over 2018. Pricing and availability remain a mystery, but we don't imagine it'll be much longer until that information is available. Featured video: