2018 Dodge Challenger Srt Demon on 2040-cars

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Stellantis not looking for further mergers, including with Renault

MILAN — Stellantis Chairman John Elkann on Monday denied the carmaker was hatching merger plans, responding to press speculation about a possible French-led tie-up with rival Renault. Elkann said that the Peugeot owner, the world's third largest carmaker by sales, was focused on the execution of its long-term business plan. "There is no plan under consideration regarding merger operations with other manufacturers," said Elkann, who also heads Exor, the Agnelli family holding company that is the largest single shareholder in Stellantis. After abandoning the Russian market, at the time its second largest after France, and reducing the scope of its global cooperation with Nissan, Renault has been seen as a potential M&A target. Speculation intensified after an electric vehicle market slowdown forced it last week to cancel IPO plans for its EV and software unit Ampere. Its market cap remains stubbornly low at little over 10 billion euros ($10.8 billion) despite a financial recovery over the past few years. Stellantis, the product of a 2021 merger between France's PSA and Fiat Chrysler and one of the most profitable groups in the industry, has a market cap of more than 85 billion euros when unlisted shares are factored in. It has a 14 brand portfolio also including Citroen, Jeep, Opel and Alfa Romeo. NEWSPAPER REPORT Italian daily Il Messaggero had said on Sunday that the French government, which is Renault's largest shareholder and also has a stake in Stellantis, was studying plans for a merger between the two groups. A spokeswoman for Renault said on Monday the group did not comment on rumors. France's Finance Ministry had declined to comment on Sunday. Stellantis has crossed swords with the Italian government, which has accused it of acting against the national interest on occasions. Industry Minister Adolfo Urso last week raised the prospect of the Italian government taking a stake in Stellantis to help to balance the French influence. Renault shares pared gains after Elkann's comments to stand 1.2% higher by 1220 GMT, having initially risen more than 4%. Stellantis CEO Carlos Tavares, a Portuguese-national, last week said in an interview with Bloomberg that the group was "ready for any kind of consolidation" and that its job was to make sure that it would be "one of the winners". Analysts, however, question the rationale of a Stellantis-Renault merger, which would also expand the group's excess capacity in Europe.

Somebody created a Dodge Challenger SRT Demon droptop

The Dodge Challenger SRT Demon is a vehicle built with one purpose in mind: going fast down a drag strip. Weight is the enemy when it comes to acceleration, and one surefire way to add weight to a car is to make it into a convertible. However, that’s exactly what one Demon owner decided to do to their Challenger. Motor Authority spotted this Plum Crazy Demon convertible conversion for sale online, and the dealer and builder even spilled a few details on the car itself. This particular conversion was done by Droptop Customs, a shop with experience, having previously converted a couple Challengers into convertibles for Shaq in Miami. However, ripping the roof off the 840-horsepower Demon is no small task. ThatÂ’s a ridiculous amount of horsepower to handle for a car that has lost a fair amount of structural rigidity from removing the roof. The Droptop Customs sales manager told MA about the changes that were made to make this build work. To begin, the frame rails were reinforced with 1x2-inch pieces of metal. Then, the shop added diagonally-mounted metal braces underneath to resist twist. Even more structural supports were added to the trunk, front and rear shock towers, and gussets were added to the bottom of each door to keep them from moving. Lastly, the shop boxed the connection of the front rails to the engine cradle. No specifics about weight gain were provided. There is one sad bit of news about this Demon, though. The dealer told MA that itÂ’s currently on consignment, despite being listed for sale on FCA dealership Cape CoralÂ’s website. ItÂ’s priced at an eye-watering $145,995. But the new owner wonÂ’t have to manually put down the top! ThatÂ’s right, itÂ’s powered, and itÂ’s supposed to take about 20 seconds to lower or raise into place while stationary. Somehow, the car has only 172 miles on it, so itÂ’s hardly been used. We have no photos with the top up, so youÂ’ll have to settle for top-down photos for now. It looks like a professional job through and through, and we actually dig the convertible look. Plus, who doesnÂ’t love Plum Crazy? 

Ron Burgundy calls Durango a 'terrible car,' yet his ads help sales climb by 59% [w/videos]

Ron Burgundy was put on this planet to do one thing: to read the news. If that ever falls through, though, the womanizing, scotch-drinking anchorman could have a great career just as a Dodge salesman. Bloomberg points out that sales of the 2014 Dodge Durango have rocketed up 59 percent in the first month of Chrysler's funny new ad campaign (which began in early October). But then again, the entire year has been strong for the big SUV, with year-over-year sales increases in the double and even triple digit percentages - including an increase of 117 percent in August.
Of course, the Durango has also received a wealth of new content and a freshened look for 2014 in addition to the Burgundy campaign, and that has to be helping close sales, too. Whether or not the spots themselves are leading to more sales may be a moot point, since they are definitely getting plenty of attention. Almost two months into the marketing tie-up between Dodge and the movie Anchorman 2, Dodge's YouTube videos have received well over seven million views. More than just YouTube shorts and television commercials, the Durango has even received late-night attention, including when Will Ferrell showed up in character as Ron Burgundy on Conan earlier this week.
In the interview, he calls the Durango a "terrible car" that "cracked in half," a joke that probably had Dodge ad execs squirming uncomfortably in their Barcaloungers. Scroll down to watch the Conan interview as well as some of our favorite Burgundy-pitched Durango ads. And there's still plenty of time to "touch" Ron to win a new Durango.