2007 Jeep Wrangler Jk Sport Edition on 2040-cars

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Marchionne may stay with FCA until 2020

We might get to see Sergio Marchionne and his vast array of sweaters in the auto industry for even longer than expected. The FCA CEO suggested last year that he would retire from the automaker when its current five-year plan was complete in 2018. Now, he has tentatively extended that point out to at least 2020. "I can do this for another five years if you push me, right? Beyond that, I ain't gonna do it, and I don't want to," he said to Automotive News. That would give Marchionne a 16-year career at the top from joining Fiat in 2004 to possibly leaving FCA in 2020. Although, take the CEO's statement with a grain of salt because he has made multiple statements about the timing for his retirement. In 2012, Marchionne said he would only remain in charge until 2015, which is, well, now. Those five years might also go quite quickly because Marchionne is a busy guy with the Ferrari IPO, the attempted merger with General Motors, implementing FCA's five-year plan, and many other projects. He's already considering the next CEO, though. "My purpose in life is to find the Kuniskises of the world, the Manleys, the Biglands, the Palmers," Marchionne said to Automotive News, referencing the heads at Dodge, Jeep, FCA North America, and the company's chief financial officer, respectively. "I told them, 'One of you is going to do what I do one day. I don't know who that is, but one of you is going to do it.'" News Source: Automotive News - sub. req.Image Credit: Paul Sancya / AP Photo Chrysler Dodge Fiat Jeep Sergio Marchionne FCA fca us Mike Manley reid bigland tim kuniskis

2018 Jeep Wrangler scores 1 star in European crash tests

The Jeep Wrangler got a full redesign for the 2018 model year, and this Euro NCAP test we have here is the first official independent safety testing we've seen for the new model. Historically, the Wrangler has performed poorly in crash tests. The U.S. National Highway Traffic Safety Administration awarded the previous generation a three-star rating. Euro NCAP testing puts a lot more weight on driver assistance systems in its testing, an area where the new Wrangler is somewhat lacking. It lost points for not having things like automatic emergency braking and lane-keep assist — the Wrangler doesn't offer either of those things in Europe, even as an option. However, the 2019 model year Wrangler does (2018 does not) offer active braking for the U.S., a $795 package gives your Wrangler the ability to brake itself to a full stop if it senses the risk of a collision. This package includes adaptive cruise control, too, but lane-keep assist is not available. On top of the lack of active driver safety systems, its performance in NCAP's impact testing left a bit to be desired, as well. We did the math to see the raw Euro NCAP scores for a crash without it being dragged down by the driver assistance systems, and adult occupant safety came out to 56.7 percent. Child occupant safety was a tad better at 69 percent. These still aren't great numbers, so it's clear that the lack of driver assistance features isn't the only thing pulling the score down. We aren't particularly surprised by the Wrangler's numbers, but it's information potential buyers should know about the truck. For those wanting an even deeper dive, check out Euro NCAP's full testing results here. The Euro NCAP also released a video of its Jeep Wrangler crash testing, which you can watch above. None of it looks particularly egregious at first blush, especially compared to video of the Fiat Panda, which recently received a whopping zero star rating. Scoring zero stars in a crash test is always a red flag, but customers won't ever buy the Panda in the U.S. anyway. We'll be watching for crash test ratings from the NHTSA and the Insurance Institute for Highway Safety for U.S. market 2018 Wranglers to see if those tests produce different results. Related video:

Toyota tops Kelley Blue Book's Resale Value Awards

Kelley Blue Book announced its annual Best Resale Value Award winners, and we weren't too surprised to see the list dominated by Japanese automakers - mainly Toyota and Honda. KBB hands out the awards based on the projected residual value of mostly all 2013 model year vehicles, and Toyota skated home with a number of awards including 10 of the 22 overall categories and having five of its products in the top 10 for models with best resale value. KBB's Best Resale Value Awards were announced in the same week as the ALG Residual Value Awards, and there were many similarities between both lists, especially when it came to Toyota.
To come up with its winners, KBB measures depreciation over the first five years of ownership, and looks for the cars it expects to hold its value the best after this time; on average, the report says the 2013 model year vehicles will lose 61.8 percent of its value in five years. Of the 22 categories, 15 slots were filled by Toyota, Honda and Nissan products, while the Camaro and Porsche (Cayenne and Panamera) each took home a pair of awards. If Toyota has anything to be upset about in this list of cars, it's that categories for Hybrid/Alternative Energy Car and Electric Vehicle went to the Ford Fusion and Chevrolet Volt, respectively.
The overall top 10 models for the best resale value in 2013 are, in alphabetical order: