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Weekly Recap: Ferrari plans to gradually increase production by 2019

Ferrari has long been known for the exclusivity of its performance machines. It's on a different level than Porsche, BMW, and Mercedes. But as it transitions to a new era of independence from Fiat Chrysler, Ferrari is going to get a little less exclusive. It's by design, and it means a subtle, slow ramp-up of production – a move Ferrari believes will ensure its future by meeting growing demand in new markets. The strategy was detailed in SEC documents filed this month as part of the company's pending stock offering. The files reveal Ferrari will gradually increase shipments to about 9,000 units per year by 2019. This is a reversal of Ferrari's 2013 plans to cap production at 7,000 cars annually, which it hit on the nose that year. Ferrari shipments inched up to 7,255 in 2014, though that's down from 2012's record tally of 7,405. Ferrari is a vastly different operation than it was in 2013. Longtime chairman Luca di Montezemolo stepped down last fall, and FCA chief executive Sergio Marchionne has been overseeing the company since then. Its IPO has attracted high levels of attention from enthusiasts and investors. As expected, demand has reportedly outstripped the availability of the stock, which has an estimated offering price of $48 to $52 a share. Speaking of more Ferraris, the company revealed a limited-edition model this week called the F12tdf (shown above). Based on the F12 Berlinetta, the car is a salute to the Tour de France endurance auto race that Ferrari dominated in the 1950s and '60s. The V12 engine's output increases to 769 horsepower, while weight is cut by 243 pounds – allowing for a sprint to 60 mph in 2.9 seconds. Dramatic carbon-fiber elements and a radical redesign of the body panels give the F12 a more dramatic look. It will be limited to 799 units over the life of the car. If this is how Ferrari is increasing production, we're more than okay with the company's new strategy. OTHER NEWS & NOTES Tesla software unlocks Autopilot features Tesla released the latest version of its software for the Model S this week, which allows the all-electric sedan to drive in a semi-autonomous state called Autopilot. Tesla Version 7.0 enables the Model S to maintain lane position, change lanes by touching the turn signal, and manage the car's speed using an advanced, traffic-sensing cruise control. It also has a parallel parking feature, which searches for open spots and then parks your Tesla.

Will Dodge limit 2015 Challenger SRT Hellcat to 1,200 units?

With over 700 horsepower on tap and a price tag barely over $60k, Dodge appears on paper to have a winner on its hands with the new Challenger SRT Hellcat. But if you want to get your hands on one, you may have to act quicker than this most powerful of muscle cars covers the quarter-mile.
That's because, according to our compatriots over at Edmunds, Dodge may limit production - in the first year, at least - to just 1,200 units. That would amount to barely a quarter of the Challengers that Dodge moves each month, and would also mean only one Hellcat for every two Dodge dealers in the US - which could lead to some serious contention over which stores and which customers can get their hands on the ultimate Challenger.
Reached for comment, SRT spokesman Dan Reid told Autoblog that "there is no plan to limit production of the Challenger Hellcat," echoing the words of Dodge CEO Tim Kuniskis who told Edmunds: "We don't know what the market demand is." Which doesn't mean that it won't restrict production, but doesn't mean that it will, either. It just hasn't decided yet - or announced any such decision, at any rate - over what will be the final allocation strategy for what could be a game-changing muscle car. That is, at least, until new versions of the Mustang and Camaro come along in pursuit of Dodge's bragging rights...

Dodge Journey to get a performance-focused replacement in 2022?

The Dodge Journey is neither fast nor agile, but it has proved a hard-to-hit target for everyone trying to figure out what the next generation will hold, including Fiat Chrysler. In 2014, the automaker's five-year plan for Dodge included an all-new Journey in 2016, and a hotted-up SRT version of the crossover come 2017. In 2016, "supplier sources" told Automotive News a new Journey on rear-drive Alfa Romeo's Giorgio platform would show for the 2019 model year, and production would be moved from Mexico to Italy, Those prognostications came to naught, the 11-year-old Journey riding on its Mitsubishi-based platform into 2020 with fewer options. Now Mopar Insiders says the next-gen Journey could come in 2022 as an early 2023 model, still on the Giorgio platform and given a performance-focused brief. According to MI, the new Journey — and it's not clear if the name will be retained — comes in strict two-row, five-seater guise. It "will be around the size of the Stelvio," the Alfa Romeo coming in at 184.5 inches. Previous reports have said the Journey will be shorter than the current 192.4-inch model, but longer than the Stelvio. The Dodge Charger is said to donate major styling cues, and there will supposedly be a Scat Pack trim. Under the hood, the entry-level engine will be the same GME 2.0-liter four-cylinder in that makes 276 horsepower and 306 pound-feet of torque in the Stelvio. MI believes a Hemi V8 will make the options list, hence the Scat Pack. Previously, other outlets have figured a turbo V6 like that in the Alfa Quadrifoglio models will stand in as the upgrade, although the model is "being developed with V8s in mind." Any engine choice is expected to be paired with an eight-speed transmission. All of those options far outdo the 2.4-liter four-cylinder with 172 hp and 165 lb-ft, shifting through a four-speed automatic, which is the only powertrain possible for the 2020 Journey. The platform switch and the change to rear-drive will greatly enhance on-road manners and performance, but MI believes an all-wheel-drive option should make the transition. If Journey production moves to Italy from Mexico, Fiat Chrysler will open up capacity in North America for big-profit crossovers and trucks, and get more from its underutilized European operations. Rumor says the Journey would roll down the same lines as the Stelvio in the Cassino Assembly Plant; the crossover is still sold in Europe and other markets as the Fiat Freemont.