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Fiat Chrysler posts record Q3 profit thanks to U.S. trucks and Jeep

MILAN — A rebound in car production in Fiat Chrysler on Wednesday reported record third-quarter earnings as production returned to nearly pre-pandemic levels. The Italian-American automaker, which is finalizing its full merger with French rival PSA Peugeot, reported a net profit in the three months ending Sept. 30 of $1.4 billion (1.2 billion euros). That compares with a loss of 179 million euros a year earlier. The carmaker reported adjusted earnings before tax and interest in North America of 2.5 billion euros. That offset deepening losses in Europe, Asia and at its Maserati luxury marquee. Latin America, the only other region to post a profit, saw it narrow by two-thirds to 46 million euros. “Our record results were driven by our teamÂ’s tremendous performance in North America,” CEO Mike Manley said in a statement. Overall, the carmaker said global earnings before tax and interest were a record 2.3 billion euros despite a 6% fall in revenues to 26 billion euros. Global shipments were down 3%, due largely to plant retooling in North American to produce the new Jeep Grand Wagoneer in the luxury SUV segment and the discontinuation of the Dodge Grand Caravan classic minivan. Fiat Chrysler announced earlier Wednesday that its merger with PSA Peugeot is on track to be finalized by the end of the first quarter of 2021, as planned. To meet regulatory concerns, the French carmaker is selling a small stake in a components maker to get below 40% ownership. The new automaker, to be called Stellantis, will be the fourth biggest producer in the world. Earnings/Financials Chrysler Dodge Fiat Jeep RAM Citroen Peugeot

Chrysler registers Trackhawk trademark

There may not be many ways to forecast what an automaker is planning for the future, but there are some. Trademark applications are one of them, and Chrysler has just applied with the US Patent and Trademark Office to protect the name "Trackhawk." The question is, what's it planning on using it for? We don't know for sure, but we can put together an educated guess or two. And one guess is that Jeep will use the name to replace the letters SRT on the performance version of the Grand Cherokee.
How do we figure, you ask? From a number of developments. For starters, the SRT division has been reintegrated into the Dodge brand. Those letters currently appear on only two vehicles from outside the Dodge lineup: one is the Grand Cherokee SRT, and the other is the Chrysler 300 SRT. We've heard ruminations (however unconfirmed) that the latter could be either discontinued or possibly relabeled, and if the same proves true of the GC, the Trackhawk name could serve as a on-road performance counterpart to the Trailhawk label applied to off-road versions of models like the Cherokee and Renegade.
Logical it may be, but it's hardly a foregone conclusion. The Trackhawk name could just as easily be used for a new concept (like the Trailhawk name was in 2007), for another kind of trim level or for something else entirely. In fact we don't even know for sure it'll be used by the Jeep brand specifically, or used at all for that matter. Automakers have been known, after all, to register names they don't end up using.

2020 Jeep Gladiator configurator is live for you to play with

The 2020 Jeep Gladiator is getting closer and closer. The truck, which was revealed last month, is now up on Jeep's site, ready to be configured to your liking. Pricing isn't yet established on the building tool, but you get to click through all the configurator goodies. The models available in the configurator tool are Sport, Sport S, Overland and Rubicon. Sport S adds aluminum wheels on top of the base level Sport specification, as well as a convenience package comprising power windows, power heated mirrors, power door and tailgate locks along with keyless entry, and a 7-inch touchscreen with Uconnect 4 infotainment and Apple CarPlay / Android Auto support. The Overland model, available with leather, ups the wheel size an inch to 18, introduces side steps and body color fenders and gives the option of choosing LED lighting along with adaptive cruise, collision warning and active braking assist. The touchscreen on Overland is also bigger at 8.4 inches. Finally, the Rubicon is what Jeep calls "The most off-road capable midsize truck ever," with its Rock-Trac 4x4 system with up to 84:1 crawl ratio. The Dana 44 axles are lockable front and rear, shocks are upgraded to Fox units, and the fender flares give more room to accommodate 33-inch off-road rubber. The sway bar on the Rubicon can be electrically disconnected, the hood is Rubicon-specific, and the cab and bed have steel rails. There's also an option for a "TrailCam" off-road camera, but it's part of the LED lighting group and also necessitates the 8.4-inch touchscreen. We're also waiting for beefier towing options than the Trailer Tow package that adds improved cooling together with the hitch — tow rating is class-leading at 7,650 pounds max. Only the Pentastar V6 is on offer so far. On all models below the Rubicon, you can choose a Trac-Lok rear differential; standard transmission is a six-speed manual with an available optional eight-speed auto. With tops, there's an availability of a dual top package, giving the buyer both the three-piece hardtop and a soft top; the hardtop is available in black and body color. All in all, the Gladiators can be well optioned to specific tastes, and the configurator is sure to provide you with hours of fun — even before the official pricing is announced. Related Video: