1972 Lancia Fulvia 1.3s on 2040-cars

Auto blog

The Chrysler brand could be axed under Stellantis management

MILAN — While running NissanÂ’s North American operations from 2009 to 2011, Carlos Tavares had a reputation for closely watching costs with little tolerance for vehicles or ventures that didnÂ’t make money. Experts say that means Tavares, currently the head of PSA Group, is likely to follow that blueprint when he becomes leader of a merged PSA and Fiat Chrysler Automobiles. The low-performing Chrysler brand might get the axe as could slow-selling cars, SUVs or trucks that lack potential. Already the companies are talking about consolidating vehicle platforms — the underpinnings and powertrains — to save billions in engineering and manufacturing costs. That could mean job losses in Italy, Germany and Michigan as PSA Peugeot technology is integrated into North American and Italian vehicles. “You canÂ’t be cost efficient if you keep the entire scale of both companies,” said Karl Brauer, executive analyst for the iSeeCars.com auto website. “WeÂ’ve seen this show before, and weÂ’re going to see it again where they economize these platforms across continents, across multiple markets.” Shareholders of both companies are to meet Monday to vote on the merger to form the worldÂ’s fourth-largest automaker, to be called Stellantis. The deal received EU regulatory approval just before Christmas. Tavares, who for years has wanted to sell PSA vehicles in the U.S., wonÂ’t take full control of the merged companies until the end of January at the earliest. He likely will target Europe for consolidation first, because thatÂ’s where Fiat vehicles overlap extensively with PSAÂ’s, said IHS Markit Principal Auto Analyst Stephanie Brinley. Europe has been a money-loser for FCA, and factories in Italy are operating way below capacity — a concern for unions, given FiatÂ’s role as the largest private sector employer in the country. “We are at a crossroads,Â’Â’ said Michele De Palma of the FIOM CGIL metalworkersÂ’ union. “Either there is a relaunch, or there is a slow agonizing closure of industry, in particular the auto industry, in Italy.” ItalyÂ’s hopes lie with the luxury Maserati and sporty Alfa Romeo brands, but De Palma said investments are needed to bring hybrid and electric technology up to speed. FiatÂ’s Italian capacity stands at 1.5 million vehicles, but only a few hundred thousand are being produced each year. Most factories were on rolling short-term layoffs due to lack of demand, even before the pandemic.

Stellantis says its 2021 performance has been better than expected

MILAN — Stellantis softened up investors ahead of its electrification strategy event on Thursday by flagging that 2021 got off to a better-than-expected start despite a chip shortage that has hit automakers worldwide. Stellantis, which was formed in January from the merger of Italian-American automaker Fiat Chrysler and France's PSA, faces an investor community keen to hear how it plans to come up with a range of electrified vehicles (EVs) to rival Tesla. At its "EV Day 2021" kicking off at 1230 GMT, Stellantis will disclose significant investments in electrification technology and connected software as it aims to be an industry frontrunner, it said in a statement. In April, Chief Executive Carlos Tavares said it would offer low-emission versions — either battery or hybrid electric — of almost all of its European models by 2025, and they should make up 70% of European sales and 35% of U.S. sales by 2030. Stellantis, the world's fourth-biggest automaker, has 14 brands in its stable, including Jeep, Ram, Opel, Fiat, Peugeot and Maserati.   Stellantis EV Day coverage: Dodge will launch the 'world's first electric muscle car' in 2024 Fully electric Ram 1500 will begin production in 2024 Jeep will have 4xe plug-in hybrid models across the lineup by 2025 Stellantis teases mystery electric Chrysler concept Stellantis previews 4 electric platforms: Here's how they'll be used Fiat says all Abarth models to be electric from 2024 Opel Manta E will be the electric revival of the classic German coupe Stellantis says its 2021 performance has been better than expected   At a similar EV strategy event last week, French rival Renault announced that 90% of its main brand models would be all-electric by 2030, whereas previously it had included hybrids in its target. Germany's Volkswagen, the world's second-biggest automaker after Toyota, expects all-electric vehicles to make up 55% of its total sales in Europe by 2030, and more than 70% of sales at its Volkswagen brand. Stellantis said its margins on adjusted operating profits in the first half of 2021 were expected to exceed an annual target of between 5.5% and 7.5%, despite production losses due to a global shortage of semiconductor supplies. Stellantis shares listed in Milan were down 2.6% at 0920 GMT, underperforming the broader European car index. Bestinver analyst Marco Opipari said Thursday's news was positive but that the stock was suffering from profit taking as it had moved up about 20% since the end of April.

Lancia concepts sweep Stellantis Drive for Design contest

Stellantis describes is annual Drive for Design contest as "an opportunity for high school students to win fabulous prizes while learning about exciting career opportunities in automotive design." Winners not only get gear like a Wacom MobileStudio Pro 16, they're eligible for summer internships in one of Stellantis' design studios. For the last two years of the contest, Rocco Morales won first prize — last year with his Ram Stadion concept, and in 2022 with his Chrysler Helios concept — and that was after coming second in 2021 with his Jeep Crazy Horse concept. With Morales having graduated, aging out of the entry pool, Rohan Sieber could be the next in the repeat winner's circle. Sieber, a junior in Portola, California, won the 2024 Drive for Design challenge. Students were asked to create a fresh concept for any of Stellantis' global brands. Everyone who made the podium chose to create a fictional Lancia. Sieber's entry is the Lancia Zero, "an electric sports car concept inspired by Lancia's legacy of radical design and legendary performance" that reworks the philosophy of the Stratos HF Zero. A junior this year, Sieber has a chance to replicate Morales' record if he enters and wins next year. Second place went to Ryan Panizzoli, a sophomore out of Plymouth, Michigan. The single image provided doesn't put a name to his Lancia creation, but tiny captions indicate a slide-out module in the rear that contains a cooking station.   Owen Bronson of Canton, Michigan claimed third place with this Lancia Pugnale concept, explicitly called a "modern interpretation of the 1970 Lancia Stratos Zero HF Concept." Bronson kept more of the original than Sieber, and included the same kinds of cues that the actual Lancia brand applied to its Pu+Ra Zero and Pu+Ra HPE concepts that previewed future styling for the reborn automaker, like the Ypsilon lighting signature in front, the circular aperture on the roof, and the twin taillights.   The second- and third-place finishers get an Apple iPad Pro and Apple Pencil, a chance to network virtually with the Stellantis Design Team, a scholarship for a four-week summer program at Detroit's College for Creative Studies, and because they're Michigan locals, an invitation to be a Student Judge at the EyesOn Design at Ford House car show in Grosse Pointe, Michigan in June. Congratulations to all three of this year's winners. Design/Style Lancia Stellantis