2021 Jeep Grand Cherokee Trackhawk on 2040-cars

Auto blog

FCA and Peugeot reportedly agree on merger

Citing a Wall Street Journal report, the Detroit Free Press says "Fiat Chrysler and PSA Groupe have agreed to merge." The Journal reported on talks between the two car companies only yesterday. It's said that Peugeot's board met yesterday to approve the deal, FCA's board met today, and an announcement could come as soon as tomorrow, Thursday. Both automakers have released statements, but neither company has released any information beyond admitting to ongoing talks. If the merger happens, the combined entity would become the world's fourth-largest carmaker with a $50 billion valuation, slotting in behind Toyota, the Volkswagen Group, and the Renault Nissan Mitsubishi alliance. Among the merger options possible, "an all-stock merger of equals" is the one analysts and Moody's seem to give the best grade. The reported merger would come about four months after FCA walked away from merger talks with Renault. FCA said the French government scuppered those talks over the role of Nissan in a reformed entity, but there were also brewing issues with French unions, and ongoing turmoil among Renault and Nissan leadership thanks to continuing fallout from ex-CEO Carlos Ghosn's arrest last year. FCA makes most of its revenue in the U.S. and rules Italy, while Peugeot is the second-best-selling automaker in Europe with its own brand in France and Opel in Germany. The two companies already have a partnership in Europe making vans, one that FCA CEO Mike Manley has spoken highly of. Among the list of obvious benefits in a potential merger, FCA would get access to Peugeot's small, modern platforms, $10.2 billion in cash, and electrified and hybrid architecture developments, the latter especially important to FCA as those are fields where it lags. Peugeot would get much easier access to the U.S. market, and the money-printing brands Jeep and Ram. A merged carmaker would have combined sales of nearly 9 million a year, based on 2018 results. By comparison, both Volkswagen and Toyota sell over 10 million cars a year, while the Renault-Nissan-Mitsubishi alliance almost 11 million. Peugeot CEO Carlos Tavares has proved he knows how to do turnarounds and mergers. After leaving a position as Carlos Ghosn's right-hand man in 2012, Tavares took over Peugeot in 2014, navigated a bailout from the French government and China's Dongfeng Motors in 2015, and turned PSA into a regional powerhouse.

Jeep mixed a CJ, a TJ, and a JK to make this sweet retro CJ66

What do you get when you mash-up a CJ and two Wranglers? Jeep calls it the CJ66, its concept for the 2016 SEMA show. It's a Frankensteined machine done right, another in a long line of fantasies from the back rooms at Jeep. A lot of donor vehicles were sacrificed for this one. The body came from a 1966 Jeep CJ – hence the name – and then was modified to fit on a Jeep Wrangler TJ chassis. The finishing touches, such as the bumpers and lights, come from the current Wrangler JK, and the hood was modeled after a JK's, too. The CJ66 has plenty of other neat details throughout as well, such as the vintage-style V8 badges on the fenders, the chains on the dropdown tailgate, and the custom hood latches. Also, like several other FCA SEMA concepts this year, it gets a pair of Dodge Viper seats. We're suckers for Viper seats. View 17 Photos The custom body also hides some impressive off-roading gear. There's a Warn winch tucked behind the front bumper, as well as an on-board tire inflation system, which makes it easy to deflate and inflate tires as the terrain requires. The truck also has 35-inch off-road tires on readily available wheels, front and rear differential lockers, and a custom roll cage and rock sliders. As you may have guessed from the V8 badges, this CJ66 also packs an octet of pistons. The 5.7-liter Hemi engine (or 345 cu. in. for traditionalists) makes 383 horsepower, and was installed using Mopar's new engine swap kit. The engine is hooked up to a six-speed manual transmission that sends power to Dana 44 axles front and rear. We have a feeling it will handle just fine on the trails. Related Video: Image Credit: FCA and Joel Stocksdale SEMA Show Jeep SUV Concept Cars Off-Road Vehicles SEMA 2016

Forum die-hards render upcoming Jeep Wrangler JT Rubicon pickup

Our friends at JLWranglerForums.com shared the renders you see above with us, showing off their best guess at what the upcoming Jeep Wrangler JT pickup will look like. It's not due for a while yet, but we've already seen a lot of the truck (under heavy camouflage) – enough to piece together some renders. Some of the small details may change, but then again, the Wrangler is one of the great constants in the automotive world. Expect a lot of carryover from JK to JL. These renders reflect the latest gleaned from recent spyshots. Note the cut of the bed, which is angled to match the rear fender's forward line, tucking it nicely under the rear door. The doors will also not have a body line or crease running across them, apparently. That line will occur on the front fenders and the bed, but not on the doors, it seems. JLWranglerForums.com's has a good track record, and while there's no guarantee that the bits hiding under the camo and rendered here are final, this is likely a pretty good preview of what we'll see on the road soon. In the meantime, catch up on all we know about the Wrangler pickup here. Related Video: Featured Gallery Jeep Wrangler Pickup Renders View 14 Photos News Source: JLWranglerForums.comImage Credit: JLWranglerForums.com Design/Style Rumormill Jeep Truck SUV Off-Road Vehicles jeep wrangler pickup