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According to Italian deputy Economy Minister Antonio Misiani, Italy could take a stake in Stellantis as long as such an investment would be deemed beneficial by all parties.

Earlier this week, both Fiat Chrysler and PSA shareholders approved the $52 billion merger, thus creating the world’s fourth-largest carmaker – or sixth-largest if we go by 2020 figures. FCA and PSA declined to comment on Misiani’s quotes, reports Reuters.

“A possible presence of the Italian State in the capital of the new group, similar to that of the French government … cannot and must not be a taboo,” said Misiani in an interview with Italian newspaper La Repubblica.

Read Also: Chrysler May Be On The Chopping Block Following FCA And PSA Merger

Stellantis’ largest single investor is actually Exor (14.4% stake), the Agnelli family’s holding, which also happens to be FCA’s main shareholder. France meanwhile already owns a 6.2% stake in Stellantis through public bank BPI France. The merger is expected to be finalized on January 16.

Misiani added that Stellantis raises national interest from an employment and industrial point of view, adding that a possible investment could take place but only under certain conditions, “which do not exist at the moment.”

The Italian deputy minister also spoke about the industry’s need to look beyond incentive mechanisms already in place, and adopt a new medium to long term perspective with environmental benefits in mind.

“Technological challenges intersect with the ecological transition […]. This is precisely why important resources could come from the EU Recovery fund, which pays a lot of attention to decarbonisation.”


Buying a 2021 Ford Expedition is cheaper than ever before thanks to a new XL STX base-spec variant, priced from $49,995 (w/o destination charge). While it offers savings of $2,815 compared to the XLT model, it is missing quite a few amenities.

The most noticeable absence is that of the third-row, which is standard on all other Expedition models. You also don’t get the Ford Co-Pilot360 driver assist bundle as standard, nor do you have rear parking sensors or satellite radio.

The Expedition XL STX is also not available in extended-length Max form. You do however benefit from Magnetic metallic 18-inch alloys, a gloss-black five-bar grille, gloss black mirror caps, body-color lower body cladding and a body-colored fascia.

Read Also: Ford Recalls The Expedition, F-Series, Super Duty And Lincoln Navigator

What’s interesting is that when you add the $1,695 destination charge for a total of $51,690, that puts the Expedition XL STX in the same ballpark as the Chevrolet Tahoe ($50,295 with destination charge). However, the latter does include third-row seats, even in base-spec.

Powering the entry-level Expedition is the same 375 HP 3.5-liter EcoBoost V6 unit you get with the rest of the range. It also comes with a 10-speed automatic gearbox, while rear-wheel drive is standard (AWD is available for $3,050).

The Expedition is Ford’s only full-size SUV and it’s underpinned by the T3 platform – a modified version of the F-150’s half-ton architecture. Similar offerings, other than the Tahoe, include the likes of the GMC Yukon and Yukon XL, Chevy Suburban, Nissan Armada, Cadillac Escalade, Infiniti QX80, Lincoln Navigator, Mercedes GLS and BMW X7. Some of these models of course wear premium badges and are considerably more expensive to purchase.

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Christian von Koenigsegg says that, in contrast to other high-end brands, he has no intention of building a high-performance SUV.

At the start of 2020, Koenigsegg ventured into a space of the market it had never occupied before with the launch of the four-seat Gemera. During a recent interview, the man behind the hypercar manufacturer was asked by YouTuber Misha Charoudin if the brand’s family of models could grow further with an SUV.

Von Koenigsegg replied that he typically builds cars that he likes and he “has never been a great fan of SUVs” as he likes “sporty behavior” when he is driving. Additionally, he says that the handling dynamics of an SUV on the road aren’t good and that the whole idea of performance SUVs is an oxymoron, stating that car manufacturers building them are creating the kinds of vehicles that handle poorly and then trying to fix them.

Read Also: Koenigsegg’s Project Agera RS Refinement Is An Upgraded One-Off

Rather than venturing into the world of SUVs, von Koenigsegg says it would be more exciting for his company to build a high-riding version of the Gemera with Mad Max-inspired styling that offers exceptional performance on the street while also having some serious off-road credentials and being able to speed across sand dunes.

Of course, this isn’t to say that such a vehicle will be released, as Koenigsegg already has quite a lot on its plate readying both the Jesko and the Gemera for the production line. Nevertheless, if there’s enough customer demand, we wouldn’t rule out the Swedish company launching a Gemera variant that will be able to venture off the beaten track.