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Marchionne now considering 'Plan B' partners for FCA merger
Thu, Jun 11 2015Okay 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
Petrolicious profiles an 'original fanboy' and his 1987 Honda CRX Si
Tue, 28 Jan 2014Christopher Hoffman is a guy I'd like to meet. He's profiled in the latest installment of Petrolicious, titled Original Fanboy, because of his love and dedication to his 1987 Honda CRX Si. And that's something I can relate to.
My personal car is a black 1988 Honda CRX Si. Road & Track executive editor Sam Smith sold it to me in December 2010 with some 93,000 miles on the odometer (and one bum tire!), and though I don't drive it nearly as much as I should, I'm madly in love with my little Honda. I take immense pride in owning this car, despite my recent neglect. As soon as we're done with this Polar Vortex crap here in the midwestern United States, I'm going to pull the CRX out of its wintertime storage and show it the love it deserves.
Like me, Hoffman fully understands the beauty of the CRX. It's not super powerful, or even quick (when it was new, its 0-60 time was just over 9 seconds), but it's extremely light, and comes from an era when Honda was churning out brilliantly simple cars. The steering is incredibly precise, the transmission perfect, and the chassis superb. Nearly 26 years after its birth, I adore every moment behind the wheel of my CRX. And thanks to this Petrolicious special, I know I'm not alone. Scroll down to watch the full episode.
Honda making hydrogen from solar power in UK
Mon, Nov 10 2014Honda is going to launch a hydrogen-powered production vehicle (its second, really) next year, but the all-important H2 infrastructure question hasn't been fully answered yet. One possible solution is being tested over in the United Kingdom, where Honda is turning solar energy and water into hydrogen at its Swindon plant. SHD Logistics says the plant is the UK's "first commercial-scale hydrogen production and refuelling facility powered by solar energy." Despite the presence of an FCX Clarity in some pictures from the ribbon cutting, it's unclear if the station will be able to fuel any passenger cars. SHD Logistics talks about sending the hydrogen from where it is generated on the Honda plant grounds into the plant using 300-meter underground pipes so that hydrogen forklifts can refuel as needed. Two hydrogen fuel cell trucks used by Briggs Equipment UK, Honda's partner in the station, will also refuel at the plant. Honda said earlier this year that it, along with partner GM, would work to reduce the costs of a hydrogen refueling infrastructure. Solar-powered hydrolysis – which is what the Swindon facility uses – doesn't sound cheap to us, but at least it reduces the overall environmental costs, compared to using electricity generated from fossil fuels.