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Sergio rethinks FCA-GM merger idea, dismisses critics

After many public overtures, Fiat Chrysler Automotive CEO Sergio Marchionne has claimed his company won't be making a hostile takeover bid for General Motors. This is despite widespread speculation that FCA's desire to merge was motivated by its allegedly dire situation. As one unnamed GM exec who spoke to Automotive News earlier this year put it, "Why should [GM] bail out FCA?" "We are not choking. We are in relatively decent shape," Marchionne told journalists attending an FCA shareholder meeting in Amsterdam, AN reports. "We have been publicly rebuffed, we have been rejected and you cannot force these things. I don't want to. At the moment, we have no intention to do anything hostile." Instead of focusing on merging with GM, or any other partners for that matter, FCA will refocus on implementing its ambitious five-year investment plan, which would see it dump $52 billion into its various brands, with a particular focus on Alfa Romeo, Maserati, and Jeep. So far the attempt has largely been unsuccessful, especially as it relates to the Italian brands. Earlier this week, additional reports emerged that claimed Alfa was pushing back the Giulia and an unnamed CUV while reassigning resources to updated versions of the Giulietta and MiTo hatchbacks. This is not the first time we've heard about trouble for the Giulia, of course. For Masearti, though, it was the first we'd heard of delays for Alfieri sports car, which allegedly won't appear in 2016, as promised. We can expect a proper breakdown of FCA's adjusted plans when Marchionne and Company reveal an updated product slate next month. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience. News Source: Automotive News - sub. req.Image Credit: Paul Sancya / AP Alfa Romeo Chrysler Fiat GM Jeep Maserati Sergio Marchionne FCA

Autoblog Podcast #392

Episode #392 of the Autoblog Podcast is here, and this week, Dan Roth, Steven Ewing, and Chris Paukert talk about recent confessions by Autoblog Editors, the unconfirmed rumors that the 2015 Dodge Charger SRT Hellcat will show up at the Woodward Dream Cruise, and the release of the North American Car and Truck of the Year long list. We start with what's in the garage and finish up with some of your questions, and for those of you who hung with us live on our UStream channel, thanks for taking the time. Check out the new rundown below with times for topics, and you can follow along down below with our Q&A. Thanks for listening! Autoblog Podcast #392: The video meant to be presented here is no longer available. Sorry for the inconvenience. Topics: Autoblog editors come clean Dodge Charger SRT Hellcat to debut at Woodward Dream Cruise NACTOY long list released In The Autoblog Garage: 2015 Jaguar F-Type Coupe 2015 Subaru Legacy Limited 2015 Audi S8 2015 Alfa Romeo 4C Hosts: Dan Roth, Steven Ewing, Chris Paukert Runtime: 01:48:05 Rundown: Intro and Garage - 00:00 Editor Confessions - 34:48 Hellcat Charger Unveil - 59:56 NACTOY Long List - 01:09:51 Q&A - 01:25:43 Get the podcast: [UStream] Listen live on Mondays at 10 PM Eastern at UStream [iTunes] Subscribe to the Autoblog Podcast in iTunes [RSS] Add the Autoblog Podcast feed to your RSS aggregator [MP3] Download the MP3 directly Feedback: Email: Podcast at Autoblog dot com Review the show in iTunes

Alfa Romeo 6C could return in 2020

Keep your salt shaker handy, because you might need a grain or two for this rumor, as scrumptious as it may be. According to German tuner Pogea Racing, Alfa Romeo is planning to revive the 6C nameplate, with a production launch in 2020. The company posted its inside info on its Facebook page, citing "an absolute trustworthy and legit source" who is "very deep into the decisions of the management of Alfa Romeo." According to the post, we can expect to see the Alfa Romeo 6C introduced at one of the major auto shows in 2018 or 2019. If true, the rumor is exciting, but not totally surprising. FCA is growing its investment in the Italian brand, along with its lineup. We've already learned of Alfa's plans for an SUV larger than the Stelvio, which could offer seven seats and a mild hybrid system. The addition to the lineup of what we could assume to be a coupe larger and more expensive than the Alfa Romeo 4C, and meanwhile bringing back a classic nameplate, doesn't seem farfetched. After all, we've heard similar rumors before, with the 6C reportedly planned as a competitor to the Jaguar F-Type. Under the hood, the Giulia Quadrifoglio's 2.9-liter twin-turbo aluminum V6 — good for 505 horsepower and 443 pound-feet of torque — seems like the perfect fit for the 6C. The 6C nameplate has roots in six-cylinder road and racing cars beginning in the 1920s. To see it revived after decades of hibernation would not only be interesting for fans and potential customers, it would be symbolic of the company's continued growth under the FCA umbrella. Related Video: