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Chrysler banks $507 million in Q2, trims 2013 earnings forecast

Chrysler has some good news and some bad news. First, profits were up 16 percent over the second quarter of 2012, bringing the Auburn Hills, Michigan-based manufacturer $507 million on the back of strong demand for trucks and SUVs (a recurring theme this quarter, particularly in the US). Q2 revenue was up as well, from $16.8 billion in 2012 to $18 billion in 2013. The bad news is that the Pentastar's overall earnings forecast for net income in 2013 has been trimmed from $2.2 billion to between $1.7 and $2.2 billion, according to Automotive News.
In addition to the adjusted net income forecast, Chrysler tweaked its operating profit from $3.8 billion to between $3.3 and $3.8 billion. This has gone largely unexplained by Chrysler, perhaps hoping the news of a three-percent increase in its transaction prices for Q2 will allow it to sweep this adjustment under the rug.
The star of the show for Chrysler has been its US sales, which saw a 10-percent jump, both bettering the industry average of eight percent and improving over the same stretch of 2012. As with the increase in transaction prices, Chrysler has the new Ram pickup and Jeep Grand Cherokee to thank. Perhaps most worrying from this report, though, is that every brand in the automaker's stable saw an increase in sales... except for the Chrysler brand itself.

2018 Jeep Grand Cherokee TrackHawk shows off its hellish supercharged V8

We've seen the spy shots of this thing, the 2018 Jeep Grand Cherokee TrackHawk, before. But only from the outside. The external changes are plenty telling, but there was always the slight chance we were looking only at an extra-hot SRT version, not a full-blown (pun intended) TrackHawk with a Hellcat motor. Until the hood goes up, there's no telling what we're really looking at. Well, seeing is believing. We have been looking at TrackHawks all along. And Mike Manley, Jeep's CEO, wasn't selling the world a bill of goods when he said to expect the thing "by the end of 2017". As you can clearly see in the slightly noisy engine shot, that's a supercharger parked on top of FCA's 6.2-liter V8, just like in the Charger and Challenger Hell-twins. Chances are it'll make the same power as it does in those two – 707 hp, in case you're just waking up from cryo-stasis and aren't aware of the most famous power output figure on the planet. There are some differences between this Grand Cherokee and ones we've previously pegged as TrackHawks. The fog lights in the lower grille vents are gone, and the rear fascia gets a bit more aggressive. Perhaps these will be the external details that separate the TrailHawk from the lowly non-supercharged SRT versions. We've also been hearing about quad exhaust tips, but haven't seen them on a prototype yet. If Jeep wants to get this thing out on the road by the end of the year, we're likely to see it coming to an auto show soon. Keep your eyes peeled. Related Video:

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.