Category: Ram

By on January 27, 2016

FCA_Location_1_Torino_Lingotto_high

Fiat Chrysler Automobiles CEO Sergio Marchionne on Wednesday said the automaker would rely more heavily on profitable Jeeps and Rams in North America and Europe to help its business remain profitable in other sagging areas and regions.

“We are not of the view that this industry is facing an impending demise,” Marchionne said before announcing FCA’s adjusted earnings of $1.78 billion in the fourth quarter.

Marchionne and CFO Richard Palmer said Jeep’s success in North America and Europe led the company last year and would be the “bedrock” for the automaker’s future. The automaker laid out specific plans to bring forward a Jeep pickup and Wagoneer, and let wither less-profitable models such as the Chrysler 200 and Dodge Dart. Read More >

By on January 26, 2016

Jeep-Renegade-19

On Wednesday, Fiat Chrysler Automobiles CEO Sergio Marchionne will update investors on his long-term plans and fourth-quarter profits — namely, how many Jeeps it sold — during his scheduled earnings conference call.

It’s widely expected that Sergio will address the near-certainty that Jeep will build a pickup based on the Wrangler, as well as the future for the Jeep Compass that’ll likely survive from the Patriot/Compass twin billing, and Jeep’s potential to keep afloat fledgling FCA brands such as Maserati and Alfa Romeo.

Analysts say FCA’s ambitious target of $5 billion profit by 2018 would be almost unattainable at this point.

“‘Ambitious’ is not really an adequate word to describe it, ‘fantasyland’ might be more appropriate,” Bernstein’s Max Warburton told Automotive News.

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By on January 15, 2016

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Fiat Chrysler Automobiles on Thursday released a statement strongly denying claims made by a Illinois dealer that the automaker was strong-arming its dealers into reporting bogus sales and illegally paying complicit dealers to continue its long-running sales growth.

This lawsuit is nothing more than the product of two disgruntled dealers who have failed to perform their obligations under the dealer agreements they signed with FCA US. They have consistently failed to perform since at least 2012, and have also used the threats of litigation over the last several months in a wrongful attempt to compel FCA US to reserve special treatment for them, including the allocation of additional open points in the US FCA network.

So, you’re saying it’s going to get ugly?

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By on December 14, 2015

2015-subaru-wrx-023

Three hybrid powertrains and three performance powertrains bookended Wards Auto’s top 10 engines, which was released last week.

The list included repeat winners such as the Ram 1500 Ecodiesel 3-liter six, Subaru’s turbo flat-four and Nissan’s veteran VQ 3.5-liter V-6. Appearing for the first time was BMW’s replacement for its N55 turbocharged, 3-liter straight six as well as General Motor’s LGX V-6 — which appears in several Cadillac models and in the new Chevrolet Camaro — with cylinder deactivation.

Volvo’s twin-charged 2-liter four and Ford’s famous flat-plane crank V-8 from the Shelby GT350 made the list for the first time in 2016. Volkswagen’s engines were excluded from consideration this year because of the company’s admission that its diesel engine cheated through emissions tests.

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By on December 10, 2015

FCA_Location_1_Torino_Lingotto_high

Federal regulators Thursday fined Fiat Chrysler Automobiles $70 million for under-reporting death and injury claims from vehicles as far back as 2003, officials announced in a statement. The fine is related to a September announcement from the automaker to the Transportation Department that the automaker had violated terms of the Transportation Recall Enhancement, Accountability and Documentation (TREAD) Act.

The automaker issued a statement saying it would accept the penalty and agree to a consent order that would require FCA to submit crash data from the cars.

“FCA US LLC accepts these penalties and is revising its processes to ensure regulatory compliance. However, FCA US is confident that it identified and addressed all issues that arose during the relevant time period, using alternate data sources,” the company said in a statement.

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By on October 28, 2015

Dodge_Ramcharger_--_07-20-2009

During a call to discuss its third-quarter financial results, Fiat Chrysler Automobiles CEO Sergio Marchionne hinted that the automaker may launch a Ram-branded large SUV to compete with Ford’s Expedition and General Motors’ Suburban/Yukon XL.

The battleship segment is “the near-exclusive use of some others. We have a reasonable chance of getting at least part of that market,” Marchionne said, according to Automotive News.

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By on October 23, 2015

2016 Dodge Viper ACR

The Dodge Viper will end production in 2017 when the current model expires, according to approved language included in the United Auto Workers’ contract with Fiat Chrysler Automobiles.

According to Automotive News, the Conner Avenue plant, which makes the sportscar, doesn’t have future product planned beyond 2017, effectively sealing the fate for the flagging car. The Viper was re-launched in 2011 after a three-year hiatus and has struggled ever since.

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By on October 8, 2015

UAW Bridging the Gap Banner Circa March 2015

On Wednesday night, as the deadline for strike action came closer and closer, the United Auto Workers-Fiat Chrysler Automobiles National Bargaining Committee announced they had “secured significant gains” over the last proposed tentative agreement that was widely rejected by UAW membership.

Details on the new agreement were not published.

The new proposed agreement averts a strike — for now — and will be sent Friday to local union leaders that comprise the UAW National Chrysler Council for discussion and voting.

“We heard from our members, and went back to FCA to strengthen their contract,” said UAW President Dennis Williams early Thursday morning in a statement. “We’ve reached a proposed Tentative Agreement that I believe addresses our members’ principal concerns about their jobs and their futures. We have made real gains and I look forward to a full discussion of the terms with our membership.”

FCA acknowledged they reached a new proposed tentative agreement with the union, but declined to give specifics due to the pending vote by UAW members.

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By on September 17, 2015

2015 Ram 1500 Laramie Crew Cab 4x4 EcoDiesel

Ram production will be coming back to the United States and car production moving to FCA’s Mexican operations, Automotive News is reporting citing anonymous sources.

The news comes just days after FCA and the UAW tentatively agreed to a new national contract while locals continue to hammer out the finer details at the plant level. According to the report, there will also be some movement of products within U.S. borders between FCA plants.

Read More >

By on September 10, 2015

TTAC-2014_Ram-EcoDiesel-front (1)

This has not been a banner summer for Fiat Chrysler Automobiles. In the past 90 days, FCA has recalled nearly 4 million cars and trucks for various issues including hackable cars, volatile fuel tanks, faulty airbags and now, in some of its Ram trucks, airbags with minds of their own.

In a statement Thursday, FCA said it was recalling more than 1 million pickups for a faulty steering wheel wiring harness that could rub against a spring and deploy the driver’s side airbag. The company said it was aware of two injuries related to the airbag deployment. Ram trucks — all models — made between 2012-2014 are affected by the recall. More than 235,000 trucks in Canada will be recalled as well.

In addition, FCA is recalling roughly 350,000 trucks for faulty welds and non-compliant side-curtain airbags.

Read More >

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