1967 Citroen 2cv on 2040-cars

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Fiat Chrysler posts record Q3 profit thanks to U.S. trucks and Jeep

MILAN — A rebound in car production in Fiat Chrysler on Wednesday reported record third-quarter earnings as production returned to nearly pre-pandemic levels. The Italian-American automaker, which is finalizing its full merger with French rival PSA Peugeot, reported a net profit in the three months ending Sept. 30 of $1.4 billion (1.2 billion euros). That compares with a loss of 179 million euros a year earlier. The carmaker reported adjusted earnings before tax and interest in North America of 2.5 billion euros. That offset deepening losses in Europe, Asia and at its Maserati luxury marquee. Latin America, the only other region to post a profit, saw it narrow by two-thirds to 46 million euros. “Our record results were driven by our teamÂ’s tremendous performance in North America,” CEO Mike Manley said in a statement. Overall, the carmaker said global earnings before tax and interest were a record 2.3 billion euros despite a 6% fall in revenues to 26 billion euros. Global shipments were down 3%, due largely to plant retooling in North American to produce the new Jeep Grand Wagoneer in the luxury SUV segment and the discontinuation of the Dodge Grand Caravan classic minivan. Fiat Chrysler announced earlier Wednesday that its merger with PSA Peugeot is on track to be finalized by the end of the first quarter of 2021, as planned. To meet regulatory concerns, the French carmaker is selling a small stake in a components maker to get below 40% ownership. The new automaker, to be called Stellantis, will be the fourth biggest producer in the world. Earnings/Financials Chrysler Dodge Fiat Jeep RAM Citroen Peugeot

2015 Fiat Ducato and French siblings get prettier face, finer features

The Ram ProMaster only introduced itself to US buyers - prognathous jaw first - last year, but it might quickly be the recipient of some plastic surgery. Above is the new face of the 2015 Fiat Ducato, which does duty as our ProMaster, the Citroën Jumper and the Peugeot Boxer and will be officially unveiled on May 12. Its face still slopes forward all the way to the bottom, but the distance and weight of the jutting chin has been greatly reduced by curving lines that more artfully integrate the new three-piece bumper with the sheetmetal. That bumper can be had in two colors, and the front end also gets new, sleeker headlights with LED DRLs.
Trims are named Classic, Tecno and Lounge, and all benefit from ESP, a new underride guard and an upgraded cockpit with touches like better seats, Bluetooth and a clipboard that can be affixed to the dash and is robust enough to hold smartphones and tablets. High-zoot options - which would give the ProMaster better fight against the Mercedes Sprinter if they carry over to our market - include lane departure assist.
The Ducato will come with choices of three roof heights, four lengths and eight capacity ratings. You'll find info on that and much more in the press releases from Fiat and Peugeot below, and we'll find out more about how the ProMaster will benefit in a few weeks.

Junkyard Gem: 1959 Citroen ID19 Sedan

Citroen introduced the motoring world to the Traction-Avant in 1934, and that front-drive unibody machine was so futuristic that it stayed in production all the way through 1957. Naturally, Citroen had to make the Traction-Avant's successor even more radical, and the result was an engineering and styling masterpiece that seemed like something dropped down to the planet from a superior alien civilization: the DS, pronounced "Deese" (Goddess). In order to have a more direct replacement for the bargain-priced late Traction-Avant, a cheaper version of the DS known as the ID (pronounced "Idee," meaning "Idea") was introduced in 1957. Today's Junkyard Gem is an early example of the ID, found in a self-service yard just south of Denver, Colorado. This car is very rough, a basket case that appears to have spent about 50 years alternately roasting and freezing in the High Plains weather. The roof was pried off long ago and the interior is suitable mostly for families of raccoons. It's one of more than 100 vehicles from the 1930s through 1970s that are in the process of being placed in the regular U-Pull-It inventory, as a storage lot of vintage machinery gets emptied out. In addition to this Citroen, there are two Edsels, a Borgward Isabella, a pair of Austin Princesses and nearly two dozen 1964-1973 Ford Mustangs and Mercury Cougars. This is only the fourth Citroen I've documented since I began writing about wrecking-yard inmates in 2007, after a 1961 ID19 wagon, a 1973 SM and a 1987 CX GTI. The ID became the D Special for 1970, and Citroen sales in the United States ceased after 1973. These cars were amazingly comfortable with their hydropneumatic suspensions and cushy seats, but most American car shoppers felt they were both too weird and too expensive for their taste. Then there was the matter of engine power; the 1959 ID19 had a 1.9-liter pushrod straight-four rated at 66 horsepower and 97 pound-feet. The list price for this car was $2,833, or about $29,806 in 2023 dollars. Meanwhile, a new 1959 Mercury Monterey four-door sedan cost a dollar less than the '59 Idee sedan (we can assume that those setting Mercury prices in Dearborn at that time were paying a lot more attention to GM prices than Citroen prices, so the single-buck difference is likely just coincidence), and the Merc came standard with a 312-cubic-inch (5.1-liter) V8 rated at 210 horsepower and fins that looked like something off a Redstone nuclear missile.