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FCA-Renault revival may hinge on willingness to cut Nissan stake

Fiat Chrysler Automobiles and Renault are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker's alliance partner Nissan, according to several sources close to the companies. Nissan is poised to urge Renault to significantly reduce its 43.4% stake in the Japanese company in return for supporting a FCA-Renault tie-up, two people with knowledge of its thinking also told Reuters. It is still far from clear whether any concerted effort to revive the complex and politically fraught deal can succeed. FCA Chairman John Elkann abruptly withdrew his $35 billion merger offer in the early hours of June 6 after the French government, Renault's biggest shareholder, blocked a vote by its board and demanded more time to win Nissan's backing. Nissan representatives had said they would abstain. The failure, which FCA and Renault blamed squarely on the French government, deprived both companies of an opportunity to create the world's third-biggest carmaker with 5 billion euros ($5.6 billion) in promised annual synergies. It also shone a harsh light on Renault's relations with Nissan, which have gone from frayed to fried since the November arrest of former alliance Chairman Carlos Ghosn, now awaiting trial in Japan on financial misconduct charges he denies. REVIVAL TALKS Italian-American FCA — whose brand stable encompasses Fiat runabouts, Jeep SUVs, RAM pickups, Alfa Romeo luxury cars and Maserati sports cars — has so far turned a deaf ear to suggestions by French officials that its merger proposal could be revisited. But since the breakdown, Elkann and his French counterpart Jean-Dominique Senard have had talks about reviving the plan that left the Renault chairman and his Chief Executive Thierry Bollore upbeat about that prospect, three alliance sources said. Renault and a spokesman for FCA declined to comment. One of Elkann's senior advisors on the Renault merger bid, Toby Myerson, was expected at Nissan headquarters in Yokohama on Monday for exploratory discussions with top management, two people with knowledge of the matter said. Nissan CEO Hiroto Saikawa is likely to attend. Myerson did not respond to a message from Reuters seeking comment. The meeting comes amid mounting strains that may preclude compromise, after Senard warned Saikawa that Renault was prepared to block key Nissan governance reforms in a dispute over board committees.

FCA's SEMA vans: A Ram ProMaster bar and a Mopar'd Pacifica

For this year's SEMA show, FCA created six machines that range from mild to wild, and what we have here are the two mildest examples: a custom Ram ProMaster and an accessorized Chrysler Pacifica. Of the two, the ProMaster is easily the more interesting. It's called the BrewMaster and it's a rolling bar. Get it? View 11 Photos The pub-themed interior has a variety of custom touches, including Mopar neon signs and beer taps with shift-knob handles. The outside gets some conceptual parts as well. The grille loses the crosshair design in favor of a large-font "RAM" badge in the center, similar to the one on the Ram Rebel. It also gets some custom 20-inch wheels and large fender flares to accommodate the wider rubber. The message here: Don't drink and drive, but definitely drive somewhere and drink. The Pacifica has far fewer custom goodies, and, sadly, no Hellcat powertrain, but that means what you see is something you could realistically replicate at a dealer. Called the Pacifica Cadence, this van is a rolling showcase of Mopar accessories. The newest piece is a running board that is designed to look like part of the sheetmetal, as opposed to a tacked-on aftermarket accessory. We'd say it's fairly successful if not super-exciting. View 7 Photos The Pacifica also features loads of other Mopar bits including the roof rack, dog kennel, all-weather floor mats, and wireless charging pad. Aside from the custom wrap and painted wheels, you could outfit your own Pacifica identically using a Mopar catalog. As for the BrewMaster, that might require a bit more custom work. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Image Credit: FCA, Joel Stocksdale SEMA Show Chrysler RAM Minivan/Van Concept Cars chrysler pacifica ram promaster SEMA 2016

Junkyard Gem: 1995 Eagle Vision TSi

Lee Iacocca's main motivation to have Chrysler buy the American Motors Corporation in 1987 was to grab the Jeep brand, but it turned out that getting all the chassis engineering that went into the Eagle Premier paid off handsomely as well. The Premier's ancestry was Wisconsin-tinged Renault, a mashup of Renault 25 and 21 chassis and suspension design, and Chrysler later based the very successful LH series of sedans on the Premier. The Eagle-badged version of the LH was the Vision, sold for the 1993 through 1997 model years. Here's one of those cars, heavily battered and its once-lurid purple paint now faded, found in a self-service yard south of Denver, Colorado. The Eagle brand was named after the AMC Eagle, and it was used for both ex-AMC vehicles and Mitsubishi machinery. It got the axe after 1998, when the final Talons were sold. The first-generation LH cars included the Vision, the Chrysler Concorde, the Chrysler LHS, the Chrysler New Yorker and the Dodge Intrepid. A Plymouth version known as the Accolade was planned but never went into production. The crash that mangled the front end made it impossible for me to open the hood, but the '95 Vision TSi got a 3.5-liter OHC V6 with 214 horsepower and 221 pound-feet. Every production Vision ever built came with a mandatory four-speed automatic transmission. This car made it just a bit past 167,000 miles during its life. All in all, a comfortable Detroit sedan on a French suspension that sold fairly well and then faded into oblivion. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. So much cheaper than the Acura Legend! This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Virtual reality speculation was all the rage during the first half of the 1990s. And, hey, it still is! This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The middle 1990s were a strange time.