Archive for the ‘Dodge’ Category

FCA Hourly Employees Getting $6K Profit-Sharing Checks

Fiat Chrysler employees have taken home $29K since 2009.

by on Feb.07, 2019

Fiat Chrysler's hourly employees will received $6,000 profit-sharing checks.

Hourly employees of Fiat Chrysler Automobiles N.V. will collect $6,000 from the FCA-United Auto Workers profit-sharing plan next month, the automaker announced after releasing its fourth quarter financial reports.

Based on the company’s 2018 financial performance, FCA US LLC announced today that it will make average profit-sharing payments to approximately 44,000 employees on March 8, 2019.

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With this payment, U.S. hourly employees have received on average more than $29,000 in profit sharing since 2009. (more…)

FCA Debuting Special Anniversary Minivans in Chicago

35th anniversary editions commemorate a major industry shift.

by on Feb.04, 2019

The 35th anniversary edition Chrysler Pacifica.

Fiat Chrysler will roll out a pair of special edition minivans at the Chicago Auto Show later this week to mark the 35th anniversary of the automaker’s original “people-movers.”

Few individual vehicles have had a more dramatic impact on the U.S. automotive market as did the original Dodge Caravan and Plymouth Voyager when they came to market in 1984, instantly clicking with buyers and rapidly spawning an array of competitors.

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While minivan sales today are running little more than a third of their one-time peak, they still remain a go-to product for millions of American families and, FCA hopes to take advantage of that with the 35th Anniversary Models it will roll out on Thursday at Chicago’s McCormick Place convention center.

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FCA’s New Benefit Helps Employees With Big Tuition Bills

Workers find a CommonBond through new program.

by on Jan.29, 2019

Fiat Chrysler is making it easier for employees to manage student debt through its tie-up with CommonBond.

With automakers pressing ahead with new technology manufacturers are eager to bring in new talent to exploit it.

Fiat Chrysler Automobiles N.V. is adding a new wrinkle to its benefit package to help salaried employees saddled with student loans and help bring in new recruits.

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The new benefit helps FCA employees refinance their student loans through CommonBond. It is in addition to the tuition assistance program offered to employees working on an additional degree while employed by the company, FCA spokesman Michael Palese said in an e-mail. (more…)

Government Shutdown May Hurt Automakers Soon

FCA delayed intro of new Ram 3500 HD due to EPA closure.

by on Jan.25, 2019

FCA CEO Mike Manley said the government shutdown is delaying the sale of the new Ram 3500 HD.

The government shutdown is now in its 34thday. The longest-ever shutdown has impacted 800,000 government employees, making it difficult for them to pay bills, buy groceries and meet day-to-day financial obligations.

The ongoing fight between President Donald Trump and Democrats has also impacted the public at-large through longer lines at airports, closure of National Parks and the delay of at least one new vehicle model.

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Environmental Protection Agency employees are part of the shutdown, including those responsible for performing the various tests necessary for new vehicle models in the EPA labs in Ann Arbor, Michigan. Without the certifications, the vehicles don’t meet federal regulations and cannot be sold. (more…)

Dodge Likely to Produce Hybrid-Based Hellcat in Future

CEO Manley says the days of an 800-hp beast are numbered.

by on Jan.18, 2019

Smokin'! The Challenger Hellcat Redeye's Line Lock lets you spin the rear tires before launch. Will the hybrid do that?

Hybrids have long had a reputation as slow, eco-friendly city cars, but recently automakers have discovered the benefits of slapping some electric motors on their high-powered gasoline-fueled sports cars to generate even more power.

Add Dodge to the list.

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There may be no brand more synonamous with fossil fuels that Dodge and its line-up of Hellcat-branded Challengers and Chargers. The Hellcat broke new ground pushing past 700 horsepower when it came out two years ago and its variants have since pushed past 800 hp. (more…)

FCA Set to Open New SUV Plant in Detroit

Move would come as GM prepares to idle three plants.

by on Dec.06, 2018

The converted engine plant will produce a three-row version of the Jeep Grand Cherokee.

Fiat Chrysler Automobiles plans to open a new assembly plant in Detroit to expand its capacity to produce hot-selling sport-utility vehicles, according to several reports.

The automaker has yet to confirm that it will completely retool an old engine plant on Detroit’s east side, but company officials have, in recent months, indicated that they are strained to the limits of capacity at their existing light truck plants.

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The news comes at an awkward time for FCA’s largest domestic rival, General Motors. GM’s CEO Mary Barra on Thursday spent a second day in Washington trying to minimize criticism of the automaker’s plan to close three assembly plants building slow-selling passenger car models like the Chevrolet Cruze. That would leave what has long been known as the Motor City with only one working assembly plant within its borders, at least unless and until the new FCA truck plant were to come online.

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Midsize Truck War May Heat Up Fast

Once seemingly dead, market is going to get crowded fast.

by on Nov.07, 2018

The new Ford Ranger is likely to be just the first of a wave of new midsize trucks.

Once written off for dead – or at least dying – the midsize pickup market is coming back with a bang, but not only are sales on the rise, but also is the number of players entering, or returning, to the segment.

The question facing the industry is whether the list of brands might be growing too fast and too large, something that could make it hard for anyone to turn a profit.

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Among the latest to target the U.S. midsize market are Ford and Jeep, both returning after lengthy absences. But Volkswagen could be eyeing its opportunities, as well as Mahindra & Mahindra, the Indian automaker that recently begun building off-road vehicles at a small plant in the Detroit suburbs. And Hyundai is moving forward with the development of a car-based compact pickup based on the Santa Cruz concept of a few years back. (more…)

Automakers Deliver Some Neat Tricks and Plenty of Treats for SEMA Show

Here's our round-up of the coolest, hottest and wackiest concepts to roll into the Las Vegas Convention Center.

by on Oct.31, 2018

The Honda Rugged Open Air concept.

Trick or Treat? Make that trick and treat, as the annual SEMA Show gets underway in Las Vegas.

Perfectly timed for Halloween, the annual aftermarket event regularly sees the debut of some intriguing concept vehicles from U.S., Asian and European automakers, and this year is no exception.

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In fact, there’s a Demon-chaser from Mopar which reveals a 1,000-horsepower crate motor that takes last year’s version of the Hellcat line to new levels. (more…)

Mopar Caps SEMA Surprises with 1,000 HP Hellephant

Mopar puts a distinctive spin on a pair of FCA icons.

by on Oct.30, 2018

Looking to blow away a Dodge Demon? Good news! Mopar has you covered with the Hellephant-powered Super Charger.

You can never be too rich, nor have too much horsepower. And for those who thought the Dodge Demon was pushing the limits, Fiat Chrysler’s Mopar division will deliver a high-performance surprise at this year’s SEMA Show.

Taking things into four digits for the first time, Mopar gave a handful of journalists a sneak peek at three customized models it will bring to the annual accessories show in Las Vegas next week – as well as the most powerful, factory-supplied “crate” engine ever to be offered to serious performance fans.

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And you can be sure that anything using the 1,000 horsepower V-8 will be hitting 60 by the time you pronounce its full name, the Fiat Chrysler 426 Crate Mopar Hellephant. (more…)

Fiat Chrysler’s Q3 Profits Dinged Due to Diesel Emission Charges

Record earnings before diesel issue may mean dividend payment.

by on Oct.30, 2018

Fiat Chrysler's third quarter earnings were hurt by charges tied to possible diesel emissions violations.

Fiat Chrysler Automobiles net income dropped 38% during the third quarter despite record adjusted earnings before interest and taxes of 2 billion euros, or $2.27 billion, opening the door for the company to pay its first dividend since it was re-organized in 2014.

However, net profit decline 38% to 600 million euros, or $681.16 million, including a 700 million charge related to U.S. diesel emissions matters. FCA is now under investigation by U.S. Department of Justice for the company’s failure to disclose software on about 104,000 diesel-powered pickups and SUVs that regulators said could be similar to the “defeat devices” Volkswagen AG used to cheat emissions-testing on millions of its diesel-powered vehicles.

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FCA’s worldwide shipments increased by 3% and net revenue grew by 9% to 28.8 billion euros during the quarter. Despite cost of the diesel penalties, FCA’s adjusted EBIT in the North America region grew by 51% with margin at 10.2%, according to the financial information released by the company. (more…)

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