1999 Jeep Cherokee Base 4x4 4.0 on 2040-cars

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Fiat Chrysler profit up as it closes in on retiring its debt

MILAN — Fiat Chrysler Automobiles reduced its debt by more than expected in the first quarter, putting the carmaker well on course to become cash positive later this year. Chief Executive Sergio Marchionne expects to cancel all debt during 2018 — possibly by the end of June — and generate around 4 billion euros ($5 billion) in net cash by the end of the year. Marchionne has said that forecast does not include any one-off measures, nor the impact of the planned spinoff of parts maker Magneti Marelli, which he hopes to execute by early 2019. The world's seventh-largest carmaker said on Thursday net debt had fallen to 1.3 billion euros ($1.6 billion) by the end of March, well below a consensus forecast of 2.6 billion euros in a Thomson Reuters poll of analysts. FCA said capital spending fell 900 million euros in the quarter due to "program timing," which analysts said implied higher investments for the rest of the year. The Italian-American group said first-quarter operating profit rose 5 percent to 1.61 billion euros, below a consensus forecast of 1.74 billion, as a weaker performance from its North American profit center weighed. Shipments there were higher due to the new Jeep Wrangler and Compass models. But currency moves hit revenues and earnings, and costs related to new product launches added to the pressure. FCA's shift to sell more trucks and SUVs boosted margins yet again in North America to 7.4 percent from 7.3 percent in the same quarter a year ago, although they were down from the 8 percent recorded in the preceding three months. Marchionne, preparing to hand over to an internal successor next year, is close to his goal of ending a margin gap with larger U.S. rivals General Motors and Ford. The 65-year-old has said becoming debt free and being able to compete on a par with U.S. peers would mean FCA no longer needed a partner to survive and could well succeed on its own. The CEO has previously said tying up with another carmaker would help to meet the huge costs in an industry investing in electric vehicles and automated driving. FCA shares fell immediately after the results, but recovered to trade up 3 percent at 19.71 euros by 1150 GMT, outperforming a 0.4 percent rise in Europe's blue-chip stock index. ($1 = 0.8214 euros) Reporting by Agnieszka FlakRelated Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

2018 Jeep Grand Cherokee Buying Guide | Popular SUV questions and answers

The Jeep Grand Cherokee is several SUVs rolled into one. When equipped with the standard 3.6-liter V6, the Grand Cherokee is a refined and well-mannered sport-utility that delivers a comfortable ride, a handsome cabin, along with Jeep's legendary off-road prowess. At other end of the spectrum is the Trackhawk, a Grand Cherokee with the heart of a 707-horsepower muscle car. Powered by the same supercharged V8 found in the ferociously quick Dodge Challenger Hellcat, the Grand Cherokee Trackhawk is one of the fastest and wildest SUVs of all time. Between these extremes there are plenty of other options, including two somewhat less powerful (but still potent) choices of V8. An available air suspension not only helps to make the ride smoother, it can significantly raise the ride height for any rock-crawling moments you encounter. Here you'll find all the information needed to make an educated buying decision if you're considering a 2018 Jeep Grand Cherokee, including safety and reliability ratings, engine specs, horsepower, fuel economy ratings and pricing. We'll also summarize what Autoblog's professional auto reviewers think of the Jeep Grand Cherokee. Is the 2018 Jeep Grand Cherokee Safe? The Jeep Grand Cherokee scores four out of a possible five stars in the National Highway Traffic Safety Administration's overall crash-test rating system. The Grand Cherokee was tested in both rear- and all-wheel drive format. The two Grand Cherokee models tested earned four-star ratings in frontal impact tests, and five stars in NHTSA's side impact tests. The only difference between the two is regarding their resistance to rollover, with the rear-wheel drive Grand Cherokee scoring a three-star rating, versus four stars in the all-wheel drive model. The Insurance Institute for Highway Safety, which provides ratings for new vehicles based on its own comprehensive crash tests, found room for improvement when it comes to the Grand Cherokee's performance in its crash test regime. While it earned top marks in some categories – such as side impact crash tests, and front crash avoidance (when fitted with optional safety equipment) – the Grand Cherokee registered a "Marginal" and "Poor" rating for its performance in the Small Overlap Front test. This simulates a vehicle hitting a static object, such as a utility pole, with only a fraction of its front end.

New spy photos of the next Jeep Wrangler reveal a backup camera

The new Jeep Wrangler JL is on the way, and we have new spy photos that give us our best look yet. The few vehicles seen in these photos all appear to be the four-door Wrangler Unlimited model, but we know the two-door and pick-up versions are coming as well. No word on when the new model, code-named JL, will debut, but don't expect to wait too much longer before Jeep finally finishes pulling off the wraps. While the Wrangler still is covered in test car camouflage, the "diaper" coverings have been removed from the side. But we still can't tell how the new removable roof and side panels will fit. One new nugget that we can spot is the spare-mounted backup camera. At least the Wrangler is keeping its rear-mounted spare. The overall shape hasn't changed much, but there would be pitchforks and fire in Toledo if Jeep strayed too far from the current design. Like the Porsche 911, the Wrangler's general design is permanently etched in stone. The grille is exposed on a few shots showing the new back-canted seven-slot setup that recalls the YJ generation of Wranglers. The windshield on the new model now appears to be fixed and tilted at more of an angle. Like we said, small changes. Related Video: Featured Gallery 2018 Jeep Wrangler Unlimited Spy Shots Image Credit: Spied Bilde Spy Photos Jeep SUV Off-Road Vehicles jeep wrangler unlimited jeep wrangler jl