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Marchionne now considering 'Plan B' partners for FCA merger

Okay Sergio, just stop. With the sting of rejection from General Motors CEO Mary Barra still fresh, Fiat Chrysler Automobiles CEO Sergio Marchionne is moving on and trying to find another automaker to merge with. FCA may not be giving up hope on a merger with GM, but that doesn't mean it isn't at least considering alternatives. Sergio's so-called "Plan Bs" include the Volkswagen Group, as well as smaller Asian outfits, like Mazda, Honda, Suzuki, and Hyundai. Bloomberg reports that France's beleaguered PSA Peugeot Citroen could as a sort of "fallback" option due to its relative lack of volume, an unidentified source claimed. There are, of course, problems with each option. According to Bloomberg, Volkswagen expects complete control of a company, but the Agnelli family, which holds a large portion of FCA stock, is loathe to relinquish its stake in the company. On top of that, VAG just isn't looking to make a deal right now. Mazda, meanwhile, is enjoying a new partnership with Toyota and Suzuki is partially owned by VW. Honda and Hyundai have never expressed any interest in a partnership with a western automaker. That kind of just leaves the French then, but even that remains a long shot. As Bloomberg tells it, PSA boss Carlos Tavares is still working on a turn-around plan, and would want at least another six months to execute before even considering a deal with FCA. And even then, Tavares hasn't given any indication that he's considering a pairing. News Source: BloombergImage Credit: Paul Sancya / AP Chrysler Fiat GM Honda Hyundai Mazda Suzuki Citroen Peugeot Sergio Marchionne FCA Mary Barra psa peugeot citroen

2021 Mazda CX-5 Review | What's new, safety, prices and pictures

If you're looking for a compact luxury SUV but are iffy about the higher price tags and running costs (quite understandably), the 2021 Mazda CX-5 is a perfect alternative. It all starts with its elegantly sporty styling and carries inside where its handsome design and plush materials are a clear step up from others at its price point. Then, when you're behind the wheel, the CX-5 impresses with engaging driving manners that we've routinely described as being indicative of a "budget Porsche." Its available turbocharged engine even has as much or more power as several similarly sized luxury crossovers. Now, if the CX-5 can be credibly considered an alternative to luxury vehicles, it's safe to say that it also stands tall against non-luxury choices like the popular Honda CR-V and Toyota RAV4. Certainly, its style, plush interior and driving manners count for a lot. It also gets a new infortainment system for 2021, addressing one of this Mazda's few low points. It's still smaller than those top competitors, particularly in the cargo area, so if max utility and versatility are a priority, it may not be the best choice. Fashion and function rarely go hand-in-hand, and the CX-5 is no exception. What's new for 2021? The CX-5 gets a much-needed new infotainment interface for 2021. It's the same unit found in the smaller CX-30 that dramatically improves upon Mazda's previous interface with its large 10.25-inch display, better graphics and menu structure, and revised controls on the center console. Many will still prefer a touchscreen interface, but this is no longer the potential deal breaker it once was. Another addition for 2021 is the CX-5 Carbon Edition, pictured below, which adds black trim and wheels to an exclusive Polymetal Gray exterior, as well as a red leather interior.  What's the CX-5 interior and in-car technology like? The CX-5 boasts a handsome, upscale design with materials to match, exuding a premium vibe that none of its direct competitors can match. Its top two trim levels, Grand Touring Reserve and Signature, have seats that are heated all around and ventilated up front, covered in high-quality leather with contrast French stitching. There's stitching on the dash, too, though it goes through rubbery stuff. The padded and stitched pleather on the doors and center console are a nicer touch, as is the subtle dark wood and alloy trim — especially the air vents that seem to jut out from within the dash.

United States drivers buying fewer Mexican-made cars

Crossovers and pickup trucks are not only growing in market share, they're also more profitable than cars. A crossover on the same platform as a sedan retails for thousands more, despite similar components. It's one of the reasons we've seen automakers rapidly shifting production of their sedans and hatchbacks to Mexico, where cheap labor preserves the thin profit margins on these inexpensive vehicles. But as the market continues to shift in the United States, Mexico is getting burned by its lack of product diversity. The country's auto exports, which are heavy on cars, suffered a 16-percent drop last month, Automotive News reports. In total, year-over-year exports fell from 233,515 to 197,020 last month, while year-to-date exports are down by 7.4 percent, from 922,029 to 854,118. The number one culprit? America – which usually accounts for 75 percent of Mexico's exports – and its appetite for crossovers and pickup trucks bolstered by cheap gas prices. While Mexico does build some light truck models – AN specifically calls out the Ram 2500, Honda HR-V, GMC Sierra, and Toyota Tacoma as export leaders – the vast majority of vehicles rolling out of its factories are sedans and hatchbacks. In fact, the three biggest drops in Mexican exports came from companies whose south of the border factories only build cars – Ford (Fusion/Lincoln MKZ and Fiesta), Mazda (Mazda3), and Volkswagen (Golf and Jetta). Mexican Automotive Industry Association President Eduardo Solis told AN the export shortfall will likely be sorted out sooner rather than later, thanks to a pair of new factories – a Kia car factory and an Audi SUV plant – that are coming online by year's end. The two facilities will add around 100,000 vehicles to the country's export totals, which Solis said should leave the industry on the verge of breaking another export record in 2016. But how sustainable will these record-breaking years be? Slapping an "Hecho en Mexico" sticker on a new German SUV won't be enough to change the fact that Mexico's product mix is tilted too heavily towards body styles that are not growing in volume. Mexico's record-breaking export years probably aren't at an end, but we'd argue they're certainly under threat. News Source: Automotive News - sub. req.Image Credit: Omar Torres / AFP / Getty Images Plants/Manufacturing Ford GMC Honda Mazda RAM Volkswagen Truck Crossover SUV Mexico