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Fiat/PSA's dominance in small vans hangs up EU's merger approval

BRUSSELS — EU antitrust regulators are concerned about Fiat Chrysler and Peugeot / PSA's combined high market share in small vans and may require concessions to clear their $50 billion merger, people familiar with the matter said. The companies, which are seeking to create the world's fourth biggest carmaker, were told of the European Commission's concerns last week. If Fiat and PSA fail to dispel the European Commission's doubts in the next two days and subsequently decline to offer concessions by Wednesday, the deadline for doing so, the deal would face a four-month-long investigation. The EU competition enforcer, which has set a June 17 deadline for its preliminary review, declined to comment. Fiat was not immediately available for comment while PSA had no immediate comment. Hiving off overlapping businesses, usually a regulatory demand to ensure more competition, could prove tricky for the carmakers because of the technicalities. Fiat and PSA are looking to merge to help offset slowing demand and shoulder the cost of making cleaner vehicles to meet tougher emissions regulations. The deal puts under one roof the Italian carmaker's brands such as Fiat, Jeep, Dodge, Ram, Maserati and the French company's Peugeot, Opel and DS. Related Video: Government/Legal Chrysler Dodge Fiat Jeep Maserati RAM Citroen Opel Peugeot

Maserati to recall Quattroporte and Ghibli over shifter

On Thursday, documents on the National Highway Traffic Safety Administration's website revealed that Maserati is preparing to recall 13,092 2014 Quattroporte and Ghibli sedans because of a "counter-intuitive" gear shift lever. The shifter may lead drivers to believe the car is in park while it's actually in reverse, potentially causing the car to roll away. Fiat Chrysler Automobiles, Maserati's parent company, has recalled 1.1 million vehicles worldwide for this same issue. The affected vehicles span several model years and all share a ZF-designed eight-speed automatic transmission. The shifter design in these vehicles is similar to but not exactly like the one in the two Maseratis. Currently, 41 injuries have been attributed to this issue. There seems to be no indication of hardware failure for any of these incidents. In the United States, the 2012-14 Dodge Charger and Chrysler 300 and 2014-15 Jeep Grand Cherokee were named in this first recall. Actor Anton Yelchin's recent death, caused when he was crushed by his 2015 Jeep Grand Cherokee, may be related. As of the current model year, the Charger, 300, and Grand Cherokee have an updated shifter design. According to the documents, FCA is currently working on a software update that will remedy the issue. Because the solution must be tested and verified, the company doesn't expect it to be ready for another few months. Both recalls were brought about after a NHTSA investigation. In May, NHTSA suggested Maserati issue a recall and on June 1 the company agreed with the group's assessment, though Maserati did tell NHTSA that they have had no complaints of vehicles rolling away. We're currently waiting on comment from Maserati North America and will update the story when more information is available. Related Video: Recalls Maserati Luxury Sedan maserati ghibli

Maserati pulls the plug on Trofeo spec racing series [w/video]

For the past twelve years, customers looking to push their Maserati to the limit have been taking part in the Trofeo series. But the Italian automaker is pulling the plug and stepping into to GT4 competition. The Trofeo World Series kicked off back in 2003 when the field was made up of spec racers based on the old Maserati 4200. The newer GranTurismo MC took its place in 2010, and with it the series expanded from Europe into other locations. This year's calendar saw it race at Paul Ricard in France and the Red Bull Ring in Austria, at Road America, VIR, and Laguna Seca here in America, at Suzuka in Japan and Abu Dhabi in the Middle East.This will be the last season for the championship, but that doesn't mean client racers won't have a chance to turn the wheel of a Maserati in anger again. Instead of competing exclusively against identical machinery, Maserati will now support customer teams in two racing series under GT4 regulations: the Pirelli World Challenge here in the US and the European GT4 Championship across the pond. To that end, it's adapting the GranTurismo MC from Trofeo spec to GT4 by reducing the output from the 4.7-liter V8 from 488 horsepower to 430 and tweaking the aero package. Following the Balance of Performance tests to be undertaken under the auspices of the SRO (which runs the Euro GT4 series as well as the Blancpain championships), a good 10 teams will field 20 cars between the two series on both sides of the Atlantic. Those still interested in competing in spec racing series with identical machinery still have plenty of places to turn, including the Ferrari Challenge, Lamborghini Super Trofeo, and the Porsche Supercup. Check out the modified Maserati GranTurismo MC GT4 in the gallery above and video below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. MASERATI TO COMPETE IN THE 2016 GT4 CHAMPIONSHIPS 17 December 2015 - The final round of the 2015 Trofeo World Series took place at Abu Dhabi's Yas Marina circuit last weekend, bringing the sixth and final season in Maserati's single-make series to a close. This, however, will not be the end of Maserati's sporting activities: the GranTurismo MCs will be back on track in 2016 competing in the international GT4 series run by private teams.