Important Innovations

  World's 1st Electric Muscle Car Debuts in 2024                                  Source:  Dodge Computer Rendering                                 Source: CEO Kuniskis Teasing EV                                             Source:  Dodge                                                  Source:  Stellantis Brand Tagline:  "Tear Up the Streets.....Not The Planet"  Dodge intends to launch the world's first electric muscle car in 2024.  Dodge is owned by Stellantis, the new company formed by Italian-American automaker Fiat Chrysler and the French PSA Group. Dodge CEO Tim Kuniskis made the announcement at the Stellantis annual EV Day event.  According to computer renderings of the upcoming vehicle, it is a car not an SUV.  And the four wheel car design is intriguingly reminiscent of the iconic Dodge Charger of the late 1960's.  The tires are big, beefy and wide.  The front of the retro styled coupe appears to have a LED light bar with a lighted emblem in the center. 

  World's 4th Largest Automotive Maker                                        Source:  Jeep Assembly Line New Transatlantic Automaker Called Stellantis It is now official.  Shareholders of Italian-American automaker Fiat Chrysler have approved a $52 billion merger with France-based Peugeot/PSA.  They joined Peugeot/PSA shareholders in approving the deal which creates the world's 4th largest automotive company.  The new transatlantic entity is called Stellantis and is expected to sell 8.7 million vehicles yearly.  The company houses brands like Jeep, Chrysler, Dodge, Ram, Maserati, Alfa-Romeo, Opel, Citroen and Vauxhall. Synergies for Electric and Autonomous Vehicles Today's merger approval news ends Fiat Chrysler's decade long search for a merger partner.  It tried but wasn't able to complete mergers with GM and Volkswagen.  Company officials expect many synergies from the merger with Peugeot.  They anticipate billions of dollars in yearly savings.  They also expect

  Maserati's Total Electric Lineup within the Next Five Years                                Source:  Maserati 2021 Grecale SUV World Automakers Pushing EV Future Maserati is Fiat Chrysler's premier luxury brand based in Italy.  Maserati chief executive Davide Grasso said today, during an online event sponsored by the Italian daily newspaper Milano Finanza, that the entire Maserati lineup is being electrified - either fully electric or hybrid electric - within the next five years.  That is a very big deal for a top of the line, combustion engine, high speed, sportscar iconic brand. New SUV Grecale Maserati will launch it new SUV Grecale in 2021 in both combustion engine and hybrid versions.  A fully electric Grecale will follow and be available soon thereafter.  This is another big example of the global push by automakers to electrify their lineups as world governments tighten emissions standards and as the public increasingly demands greener, emissions free cars.  Even at the

$50 Billion Fiat Chrysler & PSA Peugeot Merger Combining to Share Electrification and Autonomous Technology Investment Costs On Wednesday, December 18, 2019 Fiat Chrysler and PSA Peugeot are expected to announce that they are merging the two global automotive companies.  The tie-up will create a $50 billion entity that will produce 8.7 million cars a year.  The combination will create the world's fourth largest automaker after Toyota, VW and the Renault-Nissan alliance. Source:  Fiat Chrysler Jeep Assembly Line PSA Likely in the Driver's Seat PSA Group CEO Carlos Tavares is expected to be the CEO of the new entity.  He's known as a cost cutter and brand turnaround expert at the French based PSA. He led Nissan America and has extensive knowledge of the US market.  Fiat Chrysler Chairman John Elkmann, whose family founded Fiat in 1899, is expected to be Chairman of the combined organizations. Electrification This merger is a strategic move

Fiat Chrysler and Renault in Merger Talks Source:  Fiat Chrysler Production Line Combo Would Be World's 3rd Largest Automaker The $35 billion proposed merger between Fiat Chrysler and Renault is in response to the seismic technological changes hitting the automotive industry.  Examples include autonomous vehicles and electric powered cars.  For the latest on the proposed deal go to Important Innovations Collection: Fiat Chrysler + Renault : Proposed Merger of  Equals Source:  Fiat Chrysler Surviving Together Through Massive Technology Change Fiat Chrysler is pressing its...