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Dodge Durango SRT Pursuit packs the 797-horsepower Hellcat Redeye engine

When the Jeep Grand Cherokee SRT Trackhawk launched we were stunned that it featured both the 707-horsepower Hellcat engine and all-wheel drive. But SRT has one-upped itself with a custom Durango for the One Lap of America motorsports event. It's called the Dodge Durango SRT Pursuit — nicknamed "Speed Trap" — and it has the 797-horsepower Hellcat Redeye engine, and it still has all-wheel drive! Besides the 90-horsepower advantage over the stock Trackhawk, the Durango SRT Pursuit race SUV gets improved handling via concept lowering springs and 11-inch wide wheels with 305-mm wide tires that are shared with the Challenger Hellcat Widebody. It has improved stopping ability from 15.75-inch brake rotors up front with 6-piston calipers, and 13.78-inch rotors with four-piston calipers. This is the same kind of setup as the Trackhawk uses. Oddly enough, Dodge left the factory heated and cooled front seats, but removed the two rear rows of seats for weight savings. The Durango also gets a roll cage and racing harness. The finishing touches include a cat-back exhaust and the low-profile police light bar and paint scheme. Now before you ask, there don't appear to be plans to put a Redeye-powered Durango into production. With that being said, the company clearly has the capability to mate that engine to an all-wheel-drive system, and it would be hard to imagine the company not capitalizing on that. Even if the powertrain didn't make it to a Durango, it would seem like a great complement to the existing Grand Cherokee Trackhawk, or even an updated version of it. Hint, hint, wink, wink, FCA. Related Video:

Plug-in BMWs, long-term updates and the best of SEMA 2018 | Autoblog Podcast #560

On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Reese Counts. The pair discuss the BMW 740e xDrive iPerformance plug-in hybrid as well as our long-term Chrysler Pacifica Hybrid and Honda Ridgeline. They also discuss the best of SEMA Show 2018, including some pretty wild cars from Dodge and Chevy. Finally, we spend your money. This week, rather than pulling questions in from our email, we head to Reddit to answer some questions on r/cars.Autoblog Podcast #560 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown 2018 BMW 740e xDrive iPerformance 2018 Chrysler Pacifica Hybrid long-term 2018 Honda Ridgeline RTL-E long-term SEMA Spend My Money Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: Green Podcasts BMW Chrysler Dodge Honda chrysler pacifica

Stellantis sees vehicle loan durations extended amid banking turmoil

Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the carmaker's head for the business said. Chief Affiliates Officer Philippe de Rovira said loans which normally had a three-year maturity were now increasingly moved to four years. "This allows customers to get a car for a monthly instalment that is similar to that they had before," he said. The world's third largest carmaker by sales on Tuesday announced it had completed a plan announced in late 2021 to reshuffle and simplify its leasing and financing operations in Europe. Under its terms, Stellantis created a 50-50 single long term multi-brand leasing company named Leasys with Credit Agricole Consumer Finance. It also set up local joint ventures in European countries for its new Stellantis Financial Services unit, formerly Banque PSA Finance, with BNP Paribas Personal Finance and Santander Consumer Finance. "These banks have always had better funding conditions than those we can have as an automaker," de Rovira said. Benefits of the plan included cutting the number of financing and leasing entities the group runs in each country and the number of IT systems it uses, with expected savings exceeding 30% in this particular area, he added. De Rovira said the group had a huge portfolio of orders it had not yet delivered due to supply chain shortages impacting production. "Demand is not our main issue. The issue is to deliver as fast as we can cars that are in our order portfolio, which is still at record levels," he said. The group aims to expand its corporate leased vehicle fleet to more than one million units in 2026 and to double net income from its so-called banking activities to 5.8 billion euros ($6.3 billion) by 2030. De Rovira said Stellantis was not seeing a downward trend in vehicle pricing. "Probably the significant price increases we have seen in 2021 and 2022 will not be repeated because the context is changing, but for the moment we don't see decreases, we see stabilisation". ($1 = 0.9188 euros) (Reporting by Giulio Piovaccari and Gilles Guillaume; Editing by Jan Harvey) Earnings/Financials Plants/Manufacturing Alfa Romeo Chrysler Dodge Jeep RAM