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Dodge, Jeep and Ram could soon be owned by Chinese automakers

For the past several years, Fiat Chrysler CEO Sergio Marchionne has made it widely known that the automaker he helms is up for grabs. First, he sent an email to GM CEO Mary Barra, who immediately refused to even discuss a merger. Later, Marchionne set his sights on Volkswagen. That too was swiftly rebuffed. It seemed like no global automaker was remotely interested in a partnership. Now, Automotive News reports that several Chinese automakers have come calling, only FCA isn't ready to answer. At least not yet. The news broke this morning that a major Chinese automaker had made an offer to purchase FCA for slightly above market value. FCA refused, saying the offer wasn't quite generous enough. It's unclear which automaker made the offer, but Automotive News says there's more than one interested party. FCA representatives have recently traveled to China to meet with Great Wall Motors, while Chinese representatives were seen at FCA corporate headquarters in Auburn Hills, Mich. The Chinese government has a lot of money invested in local automakers. It's putting pressure on these automakers to expand globally, including to the United States. As it stands, it's a matter of when a Chinese automaker will start selling cars here, not if. Purchasing an established automaker with a wide range of products and a huge dealer network would do wonders in giving the Chinese a foothold here. Sure, Geely owns Volvo, but a luxury automaker doesn't have nearly as much reach as a more mainstream company like FCA. This seems like the best case scenario for both a Chinese automaker looking to move into the U.S. and for FCA, at least from a business standpoint. The latter doesn't seem to have any other interested parties. It will be interesting to see how FCA would sell a deal like this to the public. We're not sure everyone will be happy with Dodge, Jeep and Ram falling under Chinese ownership. FCA didn't turn down the Chinese because they didn't like the idea. It turned down the offer because there wasn't enough money on the table. Related Video: News Source: Automotive News Earnings/Financials Alfa Romeo Chrysler Dodge Fiat Jeep RAM

2018 Jeep Grand Cherokee Trackhawk First Drive | Crazy. Good.

TAMWORTH, New Hampshire – We're tempted to tell you that the 2018 Jeep Grand Cherokee Trackhawk is ridiculous. It's borderline frightening to think that we now live in a world where anybody with the money and the gumption can stroll into the nearest Jeep dealership and place an order for a 707-horsepower Hemi-powered Grand Cherokee. Let's put this slice of history into perspective. The original Jeep, the one used by the military, boasted 60 horsepower from the Go Devil four-cylinder engine under the hood. The most powerful version of the muscle car-era 426-cubic-inch Hemi was factory-rated at 425 hp. And even if that legendary powerplant was underrated from the factory, the Grand Cherokee Trackhawk still obliterates it by a couple hundred horses. In an SUV. Seven-hundred-horsepower sport utility vehicle doesn't exactly roll off the tongue, does it? And conventional wisdom says it shouldn't. But we're here to tell you otherwise. After driving the Trackhawk in and around the streets of Portland, Maine, and taking it to Club Motorsports in New Hampshire, we're convinced that Jeep and SRT engineers have managed to defy physics and reason. The Trackhawk isn't just fast, it's also manageable. Subdued, even – at least when you want it to be. Put the hammer down, summon the nearly demonic power of supercharged combustion, and all hell breaks loose. But the tires don't. With launch control engaged and with the programmable engine speed properly chosen, the all-wheel-drive Trackhawk rockets to 60 miles per hour in just 3.5 seconds, over and over and over again. No drama, no wheelspin, just g-force, pressing you and four close friends into the backs of your seats. It's addictive, and the only penalty is single-digit fuel mileage. But we'll wager a guess that anyone shopping for a Trackhawk isn't much concerned about its drinking problem. The only proper way to experience the Trackhawk's acceleration is from inside. But, to give you an idea of its speed and power, check out the videos below. Stick around for a walkaround both inside and out, and for a look under the hood. Jeep had to make a few small changes to the well-known 6.2-liter supercharged Hellcat V8 engine to shoehorn it under the hood of a Grand Cherokee. The oil pan is reshaped and baffled, the intercooler is modified, and the exhaust manifolds are new. The result is a reduction in torque from 650 pound-feet in Dodge Hellcat models to 645 in the Jeep, but we wouldn't worry about that.

FCA CEO Mike Manley will take undefined new role after PSA merger

MILAN — Fiat Chrysler Chief Executive Mike Manley will remain with the new group set to result from a planned merger with French rival PSA-Peugeot, Chairman John Elkann said on Wednesday. In a letter to Fiat Chrysler (FCA) employees on the day the two companies announced a binding agreement for a $50 billion tie-up to create the world's fourth-largest carmaker, Elkann said he was "delighted" that the combined group would be led by current PSA CEO Carlos Tavares. "And Mike Manley, who has led FCA with huge energy, commitment and success over the past year, will be there alongside him," he said. He did not say what position Manley would hold. Elkann — who will chair the new group — said there was still much to be done to complete the merger. "Over the coming months we must work tirelessly and determinedly to fulfill all the approval requirements needed to finalize the commitment we have signed," he said. Related Video:     Hirings/Firings/Layoffs Chrysler Dodge Fiat Jeep RAM Citroen Peugeot FCA PSA merger Mike Manley carlos tavares