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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

Mazda posts second-quarter loss, but gets a rebound in North America sales

TOKYO — Mazda on Thursday posted a 7.59 billion yen ($73.4 million) operating loss in the three months ended Sept 30 as sales contracted amid the coronavirus pandemic. The loss, calculated by Reuters from the company's half-year result, compares with an 18.9 billion profit in the same quarter last year and a 45.3 billion yen loss in the first three months of the business year, which was its worst in quarter in 11 years. Mazda posted a smaller loss in the second quarter after it benefited from a rebound in sales in North America, its biggest market. Vehicle sales there rose 1% from a year earlier.  Sales in the United States have slipped approximately 1% so far in 2020 as compared to 2019, despite strong sales of the CX-9, CX-5 and new CX-30 crossovers.  Japan's No.5 automaker kept its full-year forecast for an operating loss of 40 billion yen. That is better than the average full-year estimate for a 53.3 billion yen operating loss from 17 analysts polled by Refinitiv. For the full business year the maker of the CX-5 SUV crossover and Mazda3 sedan kept its full-year prediction for global vehicle sales to fall 8.5% to 1.3 million units, the lowest in seven years.

'Gran Turismo Sport' Super Bundle comes with a real Mazda Miata

"Gran Turismo Sport" is now on sale (stay tuned for a full review in the near future), and as with most video games now, there are basic versions and those that come with a few extras. For instance, in the United States there's a Limited Edition version that includes the full game, plus a metal box, several Group B rally cars and a couple of prototype cars unlocked, as well as 1,000,000 credits available at the start. It's a pretty meager special edition compared with the "Gran Turismo Sport" Super Bundle on offer in Taiwan, though. The Super Bundle lives up to its name primarily because it comes with a real, drivable Mazda MX-5 Miata. It comes in Soul Red and features custom Gran Turismo vinyl graphics. On top of that, the bundle comes with a Bravia 4K HDR OLED TV, a Playstation 4 Pro, Playstation VR, a year of Playstation Plus (the online multiplayer service), a Thrustmaster T-GT steering wheel controller, and an Apiga AP1 racing seat for playing the game. Oh, and of course it comes with a copy of the game. Funny enough, this isn't the first time a car has been offered as part of a video game bundle. When " Grid 2" launched a few years ago, the developer, Codemasters, partnered with BAC to sell a Mono edition. This special edition of the game came with a real life BAC Mono with "Grid 2" livery. There's no such thing as a free lunch, or a free car for that matter. At current exchange rates, the " Gran Turismo Sport" Super Bundle costs just shy of $46,300. Now that's a much more affordable proposition than the " Grid 2" BAC Mono package, which rang in at about $189,000, though the Miata is a much more affordable car with less performance. Americans shouldn't be disappointed the " Gran Turismo Sport" Super Bundle isn't available here, though. This is because the Super Bundle can be re-created here for much less money. Every item in the bundle plus a Miata Sport with a manual transmission and the Soul Red paint would come to a little under $32,000, a savings of over $14,000. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.