European Regulators Finally Approve PSA/FCA Becoming Stellantis

Fiat Chrysler and PSA Group are reportedly in the homestretch of their $38 billion merger deal and on the cusp of becoming Stellantis — the planet’s fourth largest automaker by volume. The plan is to join forces to help absorb the monumental cost of developing alternative energy vehicles (like EVs) without losing any brands or shuttering any facilities that weren’t previously marked for death. We’re inclined to believe it when we see it, however, as the duo are also targeting an annual cost reduction of 5 billion euros (about $5.91 billion USD).

It also hasn’t been a smoothest of regulatory rides. After spending years hunting for the perfect partner, FCA and PSA had to adjust the terms of their existing deal to contend with losses incurred as a result of the pandemic response. But it all seems to be fine now and the European Commission has given approval and that’s what matters in finally getting this deal done.

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EU Bans Rolls-Royce's Illuminated Spirit of Ecstasy for 'Light Pollution'

Those of you familiar with vintage motorcars will recall that there was once a period in history where hood ornaments weren’t the classy exception but the rule. Automakers have been affixing their corporate iconography to the top of vehicles since before there were seat belts, tapping members of the animal kingdom, indigenous leaders who opposed the British (back when such things were acceptable), winged letters of the alphabet, rocket ships, and just about everything else one could imagine wanting to stick atop an automobile. But most of those have been modified to suit the times and/or relocated onto the grille in an effort to avoid impaling pedestrians (Ed. note: And perhaps theft. I think my grandparents had the hood ornament stolen off their mid-’90s era Buick once. — TH).

While a few companies attempted to get around government safety regulations by implementing flexibly mounted hood ornaments designed to avoid stabbing the person you’ve already done the disservice of hitting with your car, just about all of them have given up the ghost by 2020. The only notable exception is Rolls-Royce, which has spent a fortune designing a spring-loaded device that snaps its famous Spirit of Ecstasy (aka the Flying Lady) down inside the engine bay whenever a moderate amount of force is applied.

The company has since decided to update its ornament to allow drivers to retract it on demand. It has also started offering a £3,500 option that makes Spirit of Ecstasy an illuminated crystal bauble that has suddenly run afoul of the European Union’s new light pollution regulations. Rolls-Royce will need to remove it from its brochures and customers will be forced to neuter their vehicles if they want to be compliant with the law.

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  • Rando [h2]Coincidentally, the Rolls-Royce Cullinan is more than $41k as well -.-[/h2]
  • Ajla "Gee, wonder why car (as well as home) insurance rates are much higher in places like Florida..." Severe weather is on the list but even if a benevolent genie reverted the climate to circa 1724 I think FL would still have high cost. Our home insurance rates have increased 102% since 2021 and I don't think weather models account for that much of a change in that period. Florida's insurance assignment of benefit regulation meant that it had ~80% of the country's of the insurance lawsuits on ~12% of the nation's claims and litigated claims can be expensive to insurance companies. The state altered some regulations and is having some success on getting more companies back, even with the severe weather risks, through relatively bipartisan efforts. With car insurance just beyond the basic "Florida" stuff, the population increase of the past few years is overwhelming the roads. But, I think the biggest thing is we have very low mandated car insurance levels. Only $10K personal injury and $10K property damage. No injury liability needed. And 20% of the state has no insurance. So people that actually want insurance pay out the nose. Like I commented above my under/uninsured coverage alone is 2.5x my comprehensive & collision.
  • Juan Let's do an 1000 mile drive and see who gets there first.
  • Eliyahu CVT needed for MPG. Outback is indeed the legacy of, err, the Legacy.
  • Gayneu I can comment on these. My wife always thought the Minis were "cute" so I bought her a used 2005 (non-S, 5 speed) for one of her "special" birthdays. She loved it and I kinda did too. Somehow a hole developed in the transmission case and the fluid drained out, ruining the car (too expensive to fix). A local mechanic bought it for $800.We then bought a used 2015 S (6 speed) which we still have today (80k miles). Her sister just bought a used S as well (also manual). It has been a dependable car but BMW-priced maintenance and premium gas hurts for sure. I think the earlier generation (like in the article) were better looking with cleaner lines. The 2015 S rides too stiff for me (Chicago roads) but is a hoot on smooth ones. It does seem to shift weird - its hard to describe but it shifts differently from every other manual I have driven. No matter how hard I try, so won't let go of her Mini.