2010 Dodge Ram 3500 Lonestar on 2040-cars

Auto blog

Stellantis mega-merger gets approval from FCA, PSA shareholders

MILAN — Shareholders of Fiat Chrysler and PSA Peugeot decisively voted Monday to merge the U.S.-Italian and French carmakers to create worldÂ’s 4th-largest auto company. Addressing separate meetings, both PSA Peugeot CEO Carlos Tavares and Fiat Chrysler Chairman John Elkann spoke of the “historic” importance of the vote, which combines legacy car companies that helped write the industrial histories of the United States, France and Italy. Before the merger is finalized, shares in the new company, to be called Stellantis, must the launched. It will be traded in Milan, New York and Paris. The marriage of PSA Peugeot and Fiat Chrysler Automobiles is built on the promise of cost-savings in the capital-hungry industry, but what remains to be seen is if it will be able to preserve jobs and heritage brands in a global market still suffering from the pandemic. The deal will create the worldÂ’s fourth-largest carmaker, with the capacity to produce 8.7 million cars a year, behind Volkswagen, Toyota and Renault-Nissan, and create 5 billion euros in annual synergies.  “We are fully aware of the fact that together we will be stronger than individually,'' PSA CEO Carlos Tavares told a virtual gathering of eligible shareholders. “The two companies are in good health. These two companies have strong positions in their markets.” The new company will put together under one roof French mass-market carmakers Peugeot and Citroen, top-selling Jeep and Italian luxury and sports brands Maserati and Alfa Romeo - pooling companies that have helped define the industry in the United States, France and Italy. While the tie-up is billed as a merger of equals, the power advantage goes to PSA, with Tavares running Stellantis and holding the tie-breaking vote on the 11-seat board. Tavares is set to take full control of the company early this year, possibly by the end of January. Fiat Chrysler chairman John Elkann, heir to the Fiat-founding Agnelli family and Fiat ChryslerÂ’s biggest shareholder, will be the Stellantis chairman. Fiat Chrysler CEO Mike Manley will head North American operations, which is key to Tavares' long-time goal of getting a U.S. foothold for the French carmaker he has run since 2014, and the clear money-maker for Fiat Chrysler. Such a deal was long wanted by Fiat ChryslerÂ’s long-time CEO Sergio Marchionne, who had predicted the necessity of consolidation in the industry. He was unable to find a deal before his sudden death in July 2018.

2021 Dodge Durango SRT Hellcat pricing revealed in dealer documents

Dodge has released a lot of numbers about the 2021 Durango SRT Hellcat — we know it has 710 horsepower and it will only be built for about six months — but not revealed so far is how much the SUV will cost. While official pricing information remains under wraps, leaked dealer documents suggest it will start at approximately $81,000. Citing anonymous dealer connections, enthusiast website Mopar Insiders reported the SRT Hellcat will carry a base price of $80,995 when it goes on sale. Note that figure excludes the destination fee — and the inevitable dealer markup. For context, the entry-level 2020 Durango SXT starts at $30,795 when ordered with rear-wheel drive, and the all-wheel-drive-only SRT model costs $62,995. That means the Hellcat model will carry an $18,000 premium. For the price, buyers get a 6.2-liter V8 engine topped with a mammoth supercharger, two-piece slotted rotors behind 20-inch wheels, a black radiator grille, a front splitter, and an array of Hellcat emblems. Inside, Dodge added red stitching and red accents in the instrument cluster, among other model-specific visual cues. Buyers can easily bump the aforementioned MSRP over the $90,000 mark. Highlights from the list of extra-cost options include a rear-seat entertainment system with a DVD player ($1,995), red leather upholstery ($1,595), a power sunroof ($1,295), and a trailer tow package with brake control ($1,195). Racing stripes are a $1,195 option, while three-season tires will add $595 to the bottom line. Fully loaded, the Durango Hellcat costs nearly $95,000. Although that's a lot to pay for a Durango, the Hellcat-powered model isn't an ordinary SUV, and it's not going to be a common sight. It's celebrated as the most powerful factory-built SUV in the world; it takes 3.9 seconds to reach 60 mph from a stop. And, Dodge confirmed it will only be able to build the model for about six months, though the SRT Hellcat won't be a serialized, limited-edition model like the 840-horsepower SRT Demon.  Still according to Mopar Insiders, Dodge dealers across the nation will begin to receive their Durango SRT Hellcat allocations in November 2020. Production will start in January 2021, and end in May of that year. If you want one, we suggest getting in touch with your nearest Dodge dealer sooner rather than later to ensure you don't miss out. Related Video:    

Dodge Challenger ADR prototypes spied with massive rubber

In an effort to give the Dodge Challenger one last hurrah before making the switch to the Giorgio platform in 2018, Automotive News reports that the automaker will come out with the Challenger ADR. The ADR, which stands for American Drag Racer, is expected to be a wide-body, Hellcat-powered variant that is closely based off of the current model. The report seems to have merit, as photographers have captured Challenger prototypes testing with massive tires. The prototypes look extremely similar to the current Challenger SRT Hellcat with the same hood scoop, front fascia design, rear spoiler construction, and rear end. The white and purple vehicles, though, are wearing extremely wide tires. The extra-wide rubber on the prototypes appear to have a similar tread design as the ones found on the Dodge Viper ACR, which features the grippy Kumho Ecsta V720. While the ACR wears 295 mm tires at the front, the car's rear tires are massive at 355 mm. The tires found on the prototype don't appear to be as large as the ones found on the ACR, but are expected to be larger than the current Challenger SRT Hellcat's, which are Pirelli P Zero Neros measuring 275 mm at all four corners. The Challenger ADR, with its wider, stickier tires is expected to cater to drivers that are looking to put all of the supercharged 6.2-liter V8's power to the ground. The rear-wheel-drive ADR is expected to come with a wide-body kit, which is missing from the prototypes. The Hellcat-powered, wide-body Challenger ADR is expected to make an appearance later in 2017, with an all-wheel-drive model (sans Hellcat engine) known as the GT AWD following closely thereafter. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Dodge Challenger ADR Spy Shots View 16 Photos Spy Photos Dodge Coupe Performance prototype testing dodge challenger srt hellcat