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China's Geely says it has no plan to buy Fiat Chrysler — as FCA stock leaps

HONG KONG — Chinese carmaker Geely Automobile denied media speculation on Wednesday that it planned to make a takeover bid for Fiat Chryslerk Automobiles (FCA), the world's seventh-largest automaker. Geely was one of several Chinese carmakers cited in by Automotive News, which said representatives of "a well-known Chinese automaker" had made an offer this month for FCA, which has a market value of almost $20 billion. "We don't have such a plan at the moment," Geely executive director Gui Shengyue told reporters at an earnings briefing, when asked if Geely was interested in Fiat. He said a foreign acquisition would be complicated, but he did not elaborate. "But for other (Chinese) brands, it could be a fast track for their development," Gui added. However, a source close to the matter said FCA and Geely Automobile's parent firm, Zhejiang Geely Holding Group, had held initial talks late last year, without disclosing their nature. The source confirmed Geely was no longer interested in FCA, noting that the parent company had only three months ago announced its first push into Southeast Asia with the purchase of 49.9 percent of struggling Malaysian carmaker Proton, a deal that also included a stake in Lotus. Geel's denial failed to dent FCA's stock. The price of its Milan-based shares has jumped more than 10 percent to a 19-year high since Automotive News first reported on Monday, citing unnamed sources, that FCA had rejected the Chinese offer as too low. FCA stock on the New York Stock Exchange rose sharply on Monday from $11.60 to $12.38 and on Wednesday was trading at $12.84. FCA declined to comment on Wednesday. FCA Chief Executive Sergio Marchionne has repeatedly called for mergers as a way of sharing the costs of making cleaner, more advanced cars, but he has repeatedly failed to find a partner and retreated from his search for in April, saying FCA would stick to its business plan. He has also spoken of spinning the successful Jeep and Ram divisions off from FCA. Europe's largest carmaker, Volkswagen, and General Motors have both said they are not interested in talks with FCA. On Wednesday, Geely Automobile reported a doubling of first-half profit, above expectations, as cars designed with Sweden's Volvo won over domestic consumers. Volvo is a unit of the Zhejiang Geely group, and has recently announced it will share its technology with Geely.

Dodge restores Brass Monkey wheels to Challenger and Charger SRT Hellcat

For the first part of 2020, Dodge removed the option of its Devils Rim aluminum wheel design in Brass Monkey finish for the Hellcat-powered Challenger and Charger models. Mopar Insiders reports the wheels will return to the menu once Dodge starts production of its two muscle cars again, tidings to please forum members asking why they couldn't order the rims. The standard fit on the regular cars is a 20-inch Low Gloss Black Performance wheel, the options either a 20-inch Machined w/Granite Pocket wheel or a 20-inch Matte Vapor SRT aluminum wheel. On the widebody cars, standard fit is a 20-inch Carbon Black Aluminum wheel, one option being a 20-inch Warp Speed Granite wheel that's the same design as the Matte Vapor but with a different finish. The 20-inch Brass Monkeys are the second option on widebody versions of the Charger Hellcat and Hellcat Redeye, replacing the 20-inch Matte Vapor SRT Aluminum rim available on the non-widebody.   Those choices are on the Dodge configurator. At the time of writing, what's missing from the online tool are the Brass Monkey options for the standard Challengers and the Charger Hellcat Widedody models that MI says are coming. The wider versions of the Challenger Hellcat bolt on a set of 20-inchers that are 11 inches wide; we're told the standard cars will offer Brass Monkey rims in 20 x 9.5 inches. The Charger Hellcat only comes in two widebody versions, so it should get the 20x11-inch Brass Monkey wheels, but the options haven't showed up on the configurator. The sole choices at the moment are the Carbon Black Aluminum and Warp Speed Granite wheels. The other difference to note is that wheres the optional wheels on the Challenger all cost $1,095, the Charger's upgrades cost $1,295. Whenever production begins in Brampton, Ontario, again, the coveted wheels will bring another extra with them: Exterior badges done in a Black and Dark Bronze finish. Related Video:    

2014 Challenger R/T Shaker, Mopar '14 Challenger bring back iconic hood

Enamored of the Dodge Challenger but wish you could get one with a shaker hood? We've got good news, because Dodge and Mopar have teamed up to bring it back.
The 2014 Dodge Challenger R/T Shaker packs the same 5.7-liter Hemi V8 as the standard Challenger R/T, but upgrades the business end with a through-the-hood exposed cold-air intake system. The retro hood scoop protrudes from the center of the hood in satin black (matching the decklid spoiler) to feed the Hemi and shakes with the engine just like the original from 1970. The Shaker model also comes with a Super Track Pak that adds a new steering rack, brake linings, shocks and 20-inch Goodyear Eagle F1 Super Car rubber. You can also shut off the stability management system completely in this car. A series of interior and exterior trim enhancements round out the look. The whole package adds $2,500 to the price of a Challenger R/T Classic for an all-in MSRP of $36,995.
In case that's not enough, Dodge is also offering a limited-edition Mopar Challenger that follows the 2010 Mopar Challenger, 2011 Mopar Charger, 2012 Mopar 300 and 2013 Mopar Dart. Limited to just 100 examples, the 2014 Mopar Challenger gets the same Shaker hood intake, unique graphics and wheels, an enhanced interior and a long list of optional extras from the Mopar parts catalog. Dodge isn't saying just yet how much the Mopar Challenger will cost, but you can bet it will command a considerable premium for the exclusivity alone.