2020 Ram 3500 Tradesman 4x4 4dr Crew Cab 8 Ft. Lb Drw Pickup on 2040-cars

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Ram 1500 TRX spied with remote-reservoir shocks and supercharger whine

The highly anticipated Ram 1500 TRX, Ram's Ford F-150 Raptor rival, has been spied again. And the big news is all in the suspension. Compared with the last prototype we saw, this truck sits much higher, and it now has fender flares to cover the wider track. It looks like some of the extra width may be from slightly bigger tires and higher offset wheels. But those might not be the only factors. Looking closely, the rear wheels have eight lug nuts versus six on the front. The previous prototype had six lugs on the rear. So this version may have a beefier rear axle, maybe from the Ram 2500. That axle may be a bit wider. The suspension itself is clearly farther along, too. Up front, there are some burly looking lower control arms. But in the back, any suspension reinforcements are long gone, and the axle seems to be supported by equally beefy trailing arms. Most exciting are what appear to be fancy remote reservoir off-road shocks tucked in the rear wheel arches. They're covered by little black sacks to hide them. The Rebel TRX concept from a few years ago featured internal-bypass shocks, and the Ford F-150 Raptor features the same kind of shocks. That Ram TRX concept also had 13 inches of suspension travel at each corner. Besides the updated suspension, we're pleased to report that the TRX is still rocking Hellcat power. Our spy photographer tells us that there's very audible supercharger whine. He also caught the truck on video, and it sounds gravelly and angry. We're very much looking forward to the truck's launch, which should be sometime before 2022.

Stellantis and LG announce Canadian EV battery joint venture

SEOUL — South Korean battery giant LG Energy Solution (LGES) said on Wednesday it plans to invest $1.5 billion to set up a joint venture with Stellantis in Canada. LGES owns 51% of the joint venture, tentatively named "LGES-STLA JV" and Stellantis owns 49%, LGES said in a regulatory filing. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first quarter of 2024 and aiming to have an annual production capacity of 40 gigawatt hours of batteries. In a separate regulatory filing, LGES said it plans to acquire a stake worth $542 million in ES America to respond to demand from EV startups in the United States. LGES is considering building a factory in Arizona to meet demand in the United States, two people familiar with the matter told Reuters, adding that the plant is expected to primarily produce cylindrical battery cells. LGES has its own factory in Michigan and two battery joint ventures with General Motors in Ohio and Tennessee. "We are considering a new production site, but nothing has been decided yet," said a spokesperson at LGES. LGES, which counts Tesla, GM and Volkswagen among its customers, currently has battery production sites in the United States, China, Poland, Indonesia and South Korea. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Green Plants/Manufacturing Chrysler Dodge Fiat Jeep RAM Electric

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.