- Groupe PSA – owners of Peugeot, Citroen, Opel/Vauxhall and DS plan to join forces with Fiat Chrysler Automobiles (FCA) – owners of Alfa Romeo, Abarth, Fiat, Jeep, Maserati, Ram, Lancia and Chrysler, in a merger which would create the world's fourth-largest car company, behind only Volkswagen Group, Toyota, and the Renault-Nissan alliance.
Whilst not yet official, the boards of both companies have confirmed they had "unanimously agreed to work towards a full combination of their respective businesses by way of a 50/50 merger."
The merge of both firms would provide PSA access to the US markets, while FCA could gain access to PSA's latest electrified platforms, as well as combining future research and development.
A final agreement is expected in the next few weeks.
- American EV maker, Fisker, have announced that its next car will be called the Fisker ‘Ocean’, an all-electric SUV. With features including a full-length solar roof, fully recycled carpeting and a vegan interior, Fisker claim the Ocean to be the “the world’s most sustainable vehicle”.
The Fisker Ocean is targeting to have a range of 300 miles using an 80 kWh battery and an expected cost of around £30,000, with Fisker also offering a ‘flexible lease’ to customers via a mobile app.
Orders open at the end of the month, at which point the car will also be revealed in full. Production won’t however begin until the end of 2021, with first deliveries set for the start of 2022.
- The latest Porsche 911 range will soon be available with a long-awaited manual gearbox.
Since the launch of the 992-generation 911, an eight-speed dual-clutch automatic gearbox has been the only option and Porsche have made clear there has been an increase in demand for manual models. A seven-speed manual gearbox option has therefore been released in the US, with the same option coming to the UK next year.