Merger

Fiat Chrysler-Group PSA merger creates new company name - Stellantis

The merger between Fiat Chrysler and Groupe PSA is expected to be complete in the first quarter of 2021.

Fiat Chrysler Automobiles NV

A tweet has revealed the new name of one of the biggest automakers in the world. When Fiat Chrysler and Groupe PSA merge, they will all be under the Stellantis company name. The name has its roots in Latin where "Stello" means "to brighten with stars".

The name carries no connection to either company, nor does it have any ties to the deep, rich history both brands have related to the companies that gave their first letters to the Fiat Chrysler and Groupe PSA names.

Fiat is a name that is synonymous with Italian cars. The company was born in Turin in 1899. It's name is an acronym for the Italian "Fabbrica Italiana Automobili Torino", which translates to "Italian Automobiles Factory, Turin". For decades Fiat was the largest automaker in Europe. Today, it remains the largest carmaker in Italy. In 1910, the company built its first plant in the U.S.

2020 Fiat 500 New all-electric Fiat 500 was revealed earlier this year but it might not come to the U.S. Photo courtesy of FCA US LLCPhoto courtesy of Fiat Chrysler Automobiles NV

In 2014, Fiat merged with Chrysler forming Fiat Chrysler Automobiles NV, a company based in the Netherlands.

Chrysler got its start in 1925, taking its company name from founder Walter Chrysler - something commonplace for the time that followed in the steps of Henry Ford, the Dodge brothers, and Charles Nash. The company has spent most of its life as one of the "Big Three" along with Ford and General Motors. In 1998 it was bought by Daimler-Benz, but the company divested itself of Chrysler in 2007 where it was called variations of Chrysler LLC until the Fiat merger.

Chrysler 300 A vintage Chrysler 300 - the nameplate has been around for over 40 years. Photo courtesy of FCA US LLCPhoto courtesy of Fiat Chrysler Automobiles NV

Peugeot's corporate history starts in 1896 in Sochaux, France when it began making coffee mills and bicycles, which eventually lead to the steam-powered tricycle then, eventually, the internal combustion engine car. In the 1970s, Peugeot took over Citroën and Chrysler Europe. In 2012 GM purchased a seven percent share of Peugeot Citroën (as it was then known) but by 2013 it had sold the stake at a loss.

Groupe PSA has a number of divisions, including those that sell motorcycles and bicycles. You can see a list of the auto brand affected as part of the merger here.

Charles Rolls Peugeot English motor car manufacturer Charles Stewart Rolls (1877 - 1910) in his first motor car, a 3.75 hp Peugeot motor car imported from France, with a man walking in front with a red flag as the law of the time required. Photo by Topical Press Agency/Getty Images

You won't see any Stellantis branded cars on the streets anytime soon. The Stellantis name will be used exclusively at the group level, as a corporate brand, according to a release. Next up, the company plans to reveal its new logo, though they haven't made public the timetable for the announcement. No brand logos will change as part of the merger.

The Fiat Chrysler-Groupe PSA merger is expected to be complete in the first quarter of 2021.

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The 2021 Mazda CX-30 2.5 Turbo is joining the company’s lineup

Photo courtesy of Mazda North American Operations

The decision to add a turbocharged engine variant to the Mazda3 was met with praise for those who like getting in a little more excitement behind the wheel. Now It has been announced that the Mazda3's crossover counterpart, the CX-30 is getting the same treatment.

The 2021 Mazda CX-30 will be available with a turbocharged 2.5-liter four-cylinder engine that puts out 250 horsepower and 320 pound-feet of torque when the tank is filled with 93 octane fuel. The performance drops to 227 horsepower and 310 pound-feet of torque when owners fill up with 87 octane. Engines with the turbo-four also get standard all-wheel drive.

2021 Mazda CX-30 2.5 Turbo The body styling is pretty much the same as the rest of the Mazda CX-30 lineup, but it does have unique wheels and other attributes.Photo courtesy of Mazda North American Operations

To accommodate the new engine option, Mazda has not had to change the outward appearance of the model In earnest but does add some highlights including 18-inch black aluminum alloy wheels, larger tailpipes, gloss black door mirrors and a "TURBO" badge on the liftgate.

As the most premium Mazda CX-30 model, it comes with a frameless auto-dimming rearview mirror, black upper dash and chrome finishes. The features list includes a Bose 12-speaker audio system and an 8.8-inch infotainment screen..

The CX-30 2.5 Turbo, as the models with the engine will be known. Also comes equipped with Smart City Brake Support Reverse and rear cross-traffic braking technologies that can sense a vehicle coming into the lane of travel when reversing, warn the driver, and apply the brakes in order to possibly avoid a collision. Additional available safety technologies include a 360-degree view monitor, Active Drive Display, traffic sign recognition, and adaptation front lighting.

2021 Mazda CX-30 2.5 Turbo The CX-30 debuted just last year.Photo courtesy of Mazda North American Operations

The 2021 Mazda CX-30 2.5 Turbo is scheduled to go on sale by the end of 2020. Specific packaging and pricing details will be announced in the coming months

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The teaser image of the 2027 Kia lineup includes numerous cars and SUVs.

Photo courtesy of Kia Motors

Kia has revealed plans to launch seven new battery electric vehicles (BEVs) by 2027 in numerous segments. The first, code named CV, will launch in 2021 and serve as the kickoff to a new Kia design direction. The move is known internally as the “Plan S" strategy. Under Plan S, Kia's BEV line will include 11 models by 2025.

The announcement coincides with the company's stated goal of having 25 percent of Kia's global sales come from BEVs by 2029. To do that, the company plans to work to expand the world's electric vehicle (EV) charging network. Kia has sold over 100,000 BEVs worldwide since the company introduced its first model in 2011, the Kia Ray.

Kia Ray EV 2011 The Kia Ray was the company's first production EV.Photo courtesy of Kia Motors

Plan S includes a company-wide business transformation that will include production, sales, and services. Dealerships will likely be required too invest in equipment to handle the influx of EVs. In the U.S, Kia will increase the number of EV work bays at dealerships to 600 by the end of 2020 and increase the number to more than 2,000 by 2023..

The product plan includes a diverse number of models. The vehicles will include BEVs that are “suitable for urban centers, long-range journeys, and performance driving". They will be based on the company's new adaptable Electric-Global Modular Platform (E-GMP). The platform will allow for best-in-class interior spaciousness, according to Kia.

Though subscription services have not gained widespread popularity in the U.S., the company is exploring the creation of subscription services, as well as EV battery leasing and rental programs. Other “second life" battery-related businesses may be part of the plan as well.

Kia also plans to add around 500 charging stations in North America, partnering with its dealer networks. Further, the company is seeking a partner in North America to support a larger infrastructure buildout.

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