Dodge Challenger Nice Solid Project!! on 2040-cars

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Macron and Le Pen decry 'shocking' Stellantis CEO pay

PARIS — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, on Friday both decried as “shocking” the multimillion euro payout to the CEO of carmaker Stellantis. Stellantis CEO Carlos TavaresÂ’ remuneration package of 19.15 million euros just a year after the company was formed became an issue as Macron and Le Pen campaigned ahead of the April 24 runoff vote. Polls show purchasing power and inflation are a top voter concern. Stellantis was formed last year through the merger of PSA Peugeot and Fiat Chrysler Automobiles. Centrist President Emmanuel Macron, perceived by many voters as being too pro-business, called the pay package “astronomical” and pushed for a Europe-wide effort to set ceilings on “abusive” executive pay. “ItÂ’s shocking, itÂ’s excessive,” he said Friday on broadcaster France-Info. “People canÂ’t have problems with purchasing power, difficulties, the anguish theyÂ’re living with, and see these sums. Otherwise, society will explode.” Far-right leader Marine Le Pen, who enjoys support from many working-class voters, called for bringing in more workers as shareholders. “Of course itÂ’s shocking, and itÂ’s even more shocking when it is the CEOs who have pushed their society into difficulty,” she said Friday on BFM television. “One of the ways to diminish this pay, which is often out of proportion with economic life, is perhaps to allow workers in as shareholders.” Stellantis continued to back the package despite a 52.1% to 47.9% vote rejecting it at an annual shareholders' meeting chaired from the Netherlands, where the company is legally based, on Wednesday. The company, citing Dutch civil code, noted that the vote is advisory and not binding. The company later said in a statement that it took note of the vote, and will explain in an upcoming 2022 remuneration report “how this vote has been taken into account.” In the 2021 report, the company identified peer group companies that it used as a salary benchmark, including U.S. companies like Boeing, Exxon Mobile, General Electric as well as carmakers Ford and General Motors. Stellantis, whose brands include Peugeot, Fiat, Jeep, Opel and Maserati, reported net profits last year had tripled to 13.4 billion euros ($15.2 billion). The French government is the third-largest shareholder in Stellantis, with a 6.15% stake through the Bpifrance Participations S.A. French public investment bank.

Marchionne on Alfa's US return, Dodge Dart's powertrain weakness and minivan plans

As a reporter covering an auto show, the one opportunity you never want to miss is going to the Sergio Marchionne press briefing.
"This undertaking to bring Alfa back is a one-shot deal... We are not going to do this twice."
There just aren't that many real characters left in the auto industry. Marchionne, who sits atop both Chrysler and Fiat, is not only one of the smartest execs in the business, but also the most frank. Herein, a sample of the quotable always-sweatered executive:

1972 Dodge Challenger on an M1009 CUCV military frame is YES

The subject of this post is cause for celebration, not reason to ask "But why?" We don't know why this random Craigslist seller chose to marry the body of a 1972 Dodge Challenger with the frame and axles from a 1987 Chevrolet M1009 military vehicle. We're here to appreciate it, thanks to The Drive, and maybe spend some time after dinner considering whether to buy it. Now that we're on the same page, an owner in Tucson wants to rid his garage — or his Bullet Farm — of what appears to be an exceptionally well built conversion. Starting from the bottom, the M1009 CUCV, for Commercial Utility Cargo Vehicle or "Cuckvee," emerged from a program turning K5 Blazers into supply rigs that were meant to support hardcore hardware like the AM General Humvee. The M1009 got GM's 6.2-liter Detroit Diesel V8, a TH400 transmission, an NP-208 chain-driven transfer case, a 10-bolt rear axle and 3.08 gears. Produced from 1983 to 1987, they returned "less than desirable" results in the field and the military unloaded them. Not much of that remains for this build. The diesel got dropped, replaced by a 5.7-liter GM gasser with a four-barrel carb and long-tube headers, shifting though a 4L80E automatic transmission attached to a U.S. Shift Quick 1 transmission controller in the cabin. The seller doesn't mention output, but if it's a more recent Chevy 350 then it'll certainly provide a healthy bump over the maximum 160 horsepower from the diesel, especially running through a custom Flowmaster dual exhaust. An NP-205 two-speed transfer case switches between 2H, 4L, and 4H. The Dana 44 front and Dana 60 rear axles feature lockers and 3.52 gearing in back. Skyjacker Black Max provides the suspension to keep the 37-inch BFG KM2 on the pavement or the dirt. About 11,000 miles ago the owner rebuilt and upgraded the drivetrain, installing new accessories like a high-rise intake, four-core radiator, new alternator and Holley fuel pump. Losing the K5 body for an E-body Challenger cap means losing M1009 features like the rifle rack and gas can mounts. But you gain style, something real hard to find on a vehicle stout enough to back you up when you tell the crew, "I've been to hell and I'm going back." As part of that rebuild a few miles back, the minimalist interior got all new panels, dash and custom gauges, headliner, seats, and a Sony audio system with Alpine amps, a sub, and Kenwood speakers.