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Fiat Chrysler open to mergers, and PSA is looking for one

GENEVA — Fiat Chrysler (FCA) is open to pursuing alliances and merger opportunities if they make sense, but a sale of its luxury brand Maserati is not an option, Chief Executive Mike Manley said on Tuesday. "We have a strong independent future, but if there is a partnership, a relationship or a merger which strengthens that future, I will look at that," Manley told reporters at the Geneva Motor Show. Asked whether he would consider selling Maserati to China's Geely Automobile Holdings, as suggested by recent media reports, Manley said: "Maserati is one of our really beautiful brands and it has an incredibly bright future. ... No." FCA is often cited as a possible merger candidate. Bloomberg said this week that the Italian-American carmaker was attractive to France's PSA Group given its exposure to the U.S. market and its popular Jeep brand. The Detroit News' headline on the situation Friday read, "Fiat Chrysler CEO open to a deal as PSA circles" and stated that Manley's open-to-just-about-anything comments were aimed directly at PSA. Bloomberg said talks between the two were preliminary and said PSA chief Carlos Tavares has also contemplated mergers with General Motors or Jaguar Land Rover, which is losing money for Indian owner Tata. PSA has enjoyed a decade of turnaround and has $10.2 billion in net cash available. The maker of Peugeot, Citroen and DS, acquired Opel and Vauxhall in 2017 and made them almost instantly profitable. Manley, who took over after the death of Sergio Marchionne, said he currently had no news on possible deals. Manley also said the world's seventh-largest carmaker, which is lagging rivals in developing hybrid and electric vehicles, would take the least costly approach to comply with increasingly more stringent European emissions regulations. "There are three options. You can sell enough electrified vehicles to balance your fleet. Two: You can be part of a pooling scheme. Three is to pay the fines," he said. "I don't see a scenario when (carmakers) continue to subsidize technologies ... indefinitely." The carmaker had said last June it would invest 9 billion euros ($10.19 billion) over the next five years to introduce hybrid and electric cars across all regions to be fully compliant with emissions regulations. Asked about a 5-billion-euro investment plan for Italy FCA announced in November but then put under review, Manley said the plan had been confirmed as originally presented.

Maserati introduces Ghibli to Americans in Super Bowl spot

Fiat Chrysler Automobiles aired three commercials during this year's Super Bowl, and the first spot was given to Maserarti during the first quarter of the big game. The 90-second ad was used by Maserati to introduce its new midsize Ghibli luxury sports sedan to a very captive American audience.
Called Strike, the Ghibli commercial tells the familiar tale of the little guy who waits around for the world's giants to let down their guard. Scroll down to watch the spot yourself and let us know if it lives up to the high bar that Chrysler brands have set for themselves in past Super Bowls.

2022 Maserati Grecale spy photos show new SUV behind Stellantis gates

Here’s our first good look at the upcoming Maserati Grecale. Maserati dropped a few shadowy and blurry images as a teaser a couple months ago, but they only provided a vague idea of what we should expect from the compact crossover. The blue camouflage theme is one consistency, and it seems the level of coverage on the car is similarly enveloping. It's deception following deception up front, as the hood features strange bulges, and the headlights look taped on. The only visible opening is a grated intake in the lower side bumper area. That said, we do have a better look at the proportions without blur or confusion. Rumors point to this crossover using the Alfa Romeo-developed Giorgio platform, despite reports of that platform not having much of a future at Stellantis. That means it should be similar in size to the Alfa Romeo Stelvio. Seeing it parked nearby a camouflaged Jeep Compass, this approximation appears to ring true. It looks like itÂ’s a bit larger than the Jeep, which is as it should be, considering the Grecale should be one class larger. Those big, wide hips are visible from the front three-quarter angle, but theyÂ’re extra dramatic from the rear. We have a feeling that the Grecale is going to look much sportier than the Levante does, and hopefully more handsome, too. The big, quad exhaust poking out the back is another big hint in that direction. All the powertrain details are still shrouded in mystery, but the likely options are a base four-cylinder turbo and a boosted V6 as the upgrade. WeÂ’ll be especially interested to see if the car launches with a Trofeo model to compete with other high-powered compact models like the Porsche Macan Turbo, BMW X3 M and Mercedes-AMG GLC 63. From the shape we can see here, it looks like the Grecale will be a traditionally-shaped crossover, albeit one with a pretty severe angle to its rear window. ThereÂ’s a fairly large hood of a rear spoiler to hang over that window, but the dominating feature out back are the horizontally-stretching rear taillights. Everything else is covered in camo, so weÂ’ll need to wait for Maserati to reveal its secrets when itÂ’s good and ready. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.