2006 Dodge Charger on 2040-cars

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Fiat Chrysler's profit boosted by Ram and Jeep in North America

MILAN/DETROIT — Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. "We are open to opportunity," Manley said on a call with analysts. "I have no doubt why there still would be interest in it," he added, when pressed on what it would take to revive talks with Renault. Manley declined to comment further. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker. Manley said a merger was not a must-have and Fiat Chrysler's business plan was strong. The company said it remained confident its adjusted earnings before interest and tax (EBIT) would top last year's 6.7 billion euros ($7.5 billion). Given disappointing forecasts from other automakers this earnings season, FCA's confirmation of the outlook sent Milan-listed shares in the Italian-American automaker, whose other brands include Jeep, up over 4%. A broad-based auto sales downturn has rattled the sector, forcing FCA's competitors — including Renault, Daimler and Aston Martin — to cut their sales forecasts after second-quarter results, while U.S. carmaker Ford gave a weaker-than-expected 2019 profit outlook. Japan's Nissan, a long-term partner of Renault, said it would cut 12,500 jobs by 2023 after its earnings collapsed. In the second quarter FCA's adjusted EBIT totaled 1.52 billion euros, versus analysts' expectations of 1.43 billion euros, according to a Reuters poll. FCA's U.S. shipments were down 12% in the second quarter but the group said that the successful performance of its Ram brand resulted in an enhanced share of the large pickup truck market of 27.9%, up 7 percentage points from last year. Adjusted EBIT margin in North America rose to 8.9% from 6.5% in the first quarter, thanks to strong demand for the heavy-duty Ram and the new Jeep Gladiator pickup. Chief Financial Officer Richard Palmer also said FCA expected to report up to 10% margins in the region in both the third and fourth quarters.

Dodge Charger SRT Hellcat Redeye Widebody expected for 2021

As of writing, Dodge still won't confirm that a Charger SRT Hellcat Redeye Widebody exists, even though camouflaged and debadged versions have already been spotted. Furthermore, before the automaker was forced to cancel this year's LX Sprint Fest 15, a poster advertising the event pictured a Charger SRT with a Dodge Demon-like hood, thought perhaps to be a "concept" version of the sedan in question. Once expected as a product for the 2020 model year, the sedan according to Mopar Insiders is now on the way for 2021 with tweaked looks to go with the centerpiece 6.2-liter Hemi V8 with 797 horsepower and 717 pound-feet of torque. The biggest cosmetic change will be the hood, a larger, redrawn center scoop dominating the front and feeding a cold-intake system pulled from the Demon. The two heat extractors move further back on the hood and rotate 90 degrees to face the sides of the sedan instead of facing the windshield. It will be available only in widebody form, and Redeye badges will adorn the grille, fenders, and decklid. Under the skin, changes compared to the Charger SRT Hellcat include a 6,500-rpm redline, 500 rpm higher than the 707-hp Charger Hellcat, a second dual-stage fuel pump, fitment of the SRT Power Chiller and the SRT After-Run Chiller also from the Demon, as well as stronger prop shafts and half-shafts. MI also mentioned the availability of either a standard 2.62 final drive ratio or an optional 3.09 final gear, production intent for concept wheels that were slated to show at LX Spring Fest, and a new SRT Performance Spoiler. The changes could drop the dash to 60 miles per hour a couple of tenths to 3.4 seconds, and get the widebody's top speed back over the 200-mph mark.  The question now is when the sedan will make its debut. MI thinks the Charger SRT Hellcat Redeye Widebody will first greet the public at FCA's What's New media roundup this summer. However, with this month still obscured by coronavirus clouds and even late summer events still being canceled, its impossible to know when we'll get a look at the new muscle sedan. Related Video:    

Star Wars Episode VII ad is a force for Dodge

Happy Star Wars day! Some of you might be bleary eyed and begging for coffee after attending midnight screenings of Star Wars, Episode VII: The Force Awakens last night (*raises hand*) but the show must go on. And for Dodge, that show has been all about Star Wars. While the entirety of FCA joined the tie-in marketing campaign for the long-awaited JJ Abrams blockbuster, Dodge made out the best. According to Wards Auto, the brand's The Force Gathers spot took the top spot in this week's most engaging automotive ads, capturing nearly a quarter of share-of-voice ratings and garnering over a quarter-of-a-million earned online views. Since the ad began airing earlier this month, it's scored over 430,000 views on YouTube alone. The relatively simple ad evokes Darth Vader and his legions of storm troopers. In the 30-second spot, a black Viper leads six long columns of white Chargers, Challengers, and Durangos while John Williams' iconic Imperial March blares in the background. It ends at the stand of an overwhelmed pair of valets outside a screening for Episode VII. We've embedded the spot at the top of the page if you haven't seen it. Check it out, and may the Force be with you. Star Wars, Episode VII: The Force Awakens is in theaters today. Related Video: