2017 Ram 2500 Laramie on 2040-cars

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Stellantis is official: FCA and PSA merger finally sealed

MILAN — Fiat Chrysler and PSA sealed their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen. It took over a year for the Italian-American and French automakers to finalize the $52 billion deal, during which the global economy was upended by the COVID-19 pandemic. They first announced plans to merge in October 2019, to create a group with annual sales of around 8.1 million vehicles. "The merger between Peugeot S.A. and Fiat Chrysler Automobiles N.V. that will lead the path to the creation of Stellantis N.V. became effective today," the two automakers said in a statement. Shares in Stellantis, which will be headed by current PSA Chief Executive Carlos Tavares, will start trading in Milan and Paris on Monday, and in New York on Tuesday. Now analysts and investors are turning their focus to how Tavares plans to address the huge challenges facing the group – from excess production capacity to a woeful performance in China. Tavares will hold his first press conference as Stellantis CEO on Tuesday, after ringing NYSE's bell with Chairman John Elkann. FCA and PSA have said Stellantis can cut annual costs by over 5 billion euros ($6.1 billion) without plant closures, and investors will be keen for more details on how it will do this. Marco Santino, a partner at consultants Oliver Wyman, said he expected Tavares to disclose the outlines of his action plan soon, but without divulging too many details at first. "He has proven to be the kind of person who prefers action to words, so I don't think he will make loud statements or try to over-sell targets," he said. Like all global automakers, Stellantis needs to invest billions in the years ahead to transform its vehicle range for the electric era. But other pressing tasks loom, including reviving the group's lagging fortunes in China, rationalizing its huge global empire and addressing massive overcapacity. "It will be a step by step process, also to allow the market to better appreciate every single move. I don't think we will have all the details before one year," Santino said.

Ram 1500 wins Consumer Reports fullsize truck test

Vehicles that perform well in road tests by some of the most popular automotive publications, such as Car and Driver, Motor Trend and Automobile, don't always score well in in Consumer Reports' more regimented, practical test procedures, so the Ram 1500's climb to the top of CR's scoreboard is a boon for the well-received pickup truck, which CR also put on its "recommended" list.
To start off with, the freshened 2013 Ram 1500 has a lighter, stiffer chassis than before, and the four-wheel-drive Crew Cab that CR bought and tested performed flawlessly and achieved class-leading fuel economy (15 miles per gallon) with the 5.7-liter Hemi V8 - the most popular engine choice for the 1500 - and the new eight-speed automatic transmission. The unique-in-its-class rear coil spring setup endowed the truck with "one of the best rides of any pickup," CR reports. That helped it earn its class-leading road-test score of 78, well ahead of the nearest competition still in production, the Toyota Tundra (69) and the Ford F-150 (68). It's worth noting, however, that the Chevrolet Avalanche outscores the 1500 by two points (80), but production of that vehicle ends after the current 2013 model year.
About the only things the publication could find wrong with the truck were a heavy tailgate and a high step up into the cabin. Get ready for the next round later this summer when CR is finished testing the 2014 Chevrolet Silverado, which is doing well so far in the publication's tests.

An inside look at Mopar's SEMA fleet

Mopar is heading to the SEMA show in Las Vegas with a fleet of customized vehicles that appeal to enthusiasts of all stripes. There's a Dodge Viper ACR concept that follows in the lineage of the supercar's great road racing past, and a custom Ram ProMaster that might just be the ultimate outdoor party machine.
We got an inside look at Mopar's cars that will be on display at the show, which also include a Dodge Challenger T/A concept, two crazy Jeeps and a Ram 2500 Outdoorsman that could change the way you camp. While these are some of our favorites, Mopar is bringing plenty to SEMA, so let us know your top choices in the comments section.