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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

Autoblog Podcast #523 | BMWs, Trackhawk and Mazda's new engine technology

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Joel Stocksdale. We discuss a couple of BMWs, the upcoming BMW X7 three-row SUV and our short-term BMW M760i with a turbocharged, 600-horsepower V12. We also cover the week's news, including Mazda's nifty engine technology it will roll out in the next few years, as well as pricing on the new Jeep Grand Cherokee Trackhawk. The rundown is below. Remember, if you have a car-related question you'd like us to answer or you want buying advice of your very own, send a message or a voice memo to podcast@autoblog.com. (If you record audio of a question with your phone and get it to us, you could hear your very own voice on the podcast. Neat, right?) And if you have other questions or comments, please send those too. Autoblog Podcast #523The video meant to be presented here is no longer available. Sorry for the inconvenience.Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Topics and stories we mention Rundown BMW X7 Spy Shots Volkswagen Passat GT Mazda's future engine technology Jeep Grand Cherokee Trackhawk Pricing BMW M760i driving Ram 2500 driving Spend My Money Feedback Email – Podcast at Autoblog dot com Review the show on iTunes

Did Mazda designer Derek Jenkins leave to head up a 'Stealth Project?'

Not long after Derek Jenkins officially gave the 2016 MX-5 Miata to the buying world, he's left the Mazda building. Jalopnik reported that the head of design for Mazda North America changed the current job description on his LinkedIn profile to "Stealth Project." Mazda backed up the discovery with this reply to Jalop's inquiry: Derek left Mazda last Friday. He left on great terms in order to work on a new endeavor. We wish him the best of luck. He will be missed, but we are sure that he will do great things in the next chapter of his career. That "last Friday" would be July 17. Emphasizing the "stealth" bit in his new position, as far as we can tell, Jenkins still hasn't publicly answered any question about what he's doing. Every automaker has secrets, but traditional automakers usually make a hubbub about hiring big-name designers, especially one with Jenkins' resume. For his new employer to go all Ghost Recon with all information, well that's the kind of mystery this summer needs. The obvious culprit would be a certain fruit-named company in a certain Cupertino, CA office park. If that ends up being the case, Jenkins would be the second chief designer at Mazda NA to go electric: he replaced Franz von Holzhausen in the position after von Holzhausen went to Tesla. Various other Apple Project Titan hires have made the news, though. For all we know, Jenkins' project might not be automotive. So let's just go ahead and cue the speculation. We're looking forward to whatever he's got coming, and to whoever gets nominated to keep the full head of Zoom-Zoom going at Mazda NA.