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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

Mopar Muscle is Monster Jam's first OEM monster truck in over a decade

New monster trucks seem to join the Monster Jam circuit every year, but it's not often that one gets the official blessing of an automaker. That's about to change, however, as Chrysler's truck division has teamed up once again with Hall Brothers Racing - which already fields the championship-winning Raminator and Rammunition trucks - to field the series' first new Original Equipment Manufacturer monster truck in over a decade.
Dubbed Mopar Muscle, the new Ram monster truck will debut at the Monster Jam in Detroit on Saturday at Ford Field, at the first of six such events in which Mike Miller (who, incidentally, named his son Hemi) will drive the truck throughout the year.
Here's what you need to know: Based on a 2014 Ram HD pickup (or at least made to look like one), Mopar Muscle stands 10 feet tall and weighs over 10,000 pounds, and it's powered by the legendary Gen II 426 Hemi that celebrates its 50th anniversary this year. But instead of leaving the massive 7.0-liter engine as is, Hall Brothers Racing enlarged it to 565 cubic inches - a mind-boggling 9.3 liters - and supercharged it to 2,000 horsepower. That's a whole lot of muscle no matter what it's packed into. Check it out in our high-res image gallery above. You can also check out the full schedule of events in the press release below to see if the truck is coming to your area this year.

Ram wants 'your wickedest and most outrageous designs' for a truck — now

Car coloring book pages have been a handy distraction during quarantine, but Fiat Chrysler has a better idea: Make your own coloring book page and perhaps win accolades in the FCA Design Sketch Battle. The automaker runs an annual Drive for Design competition for U.S. high school students in grades 10-12, and has just opened a contest-within-a-contest that's open to anyone in the world. The brief is to sketch "your wickedest and most outrageous designs for a Ram truck." For all those times you've had an idea about a pickup and thought, "This is what [insert OEM] needs to make! If I could only get to the boss!," now is your chance to get to the boss. Post your sketch — or sketches — into the comments section of the contest on FCA's Facebook page, or upload the drawing(s) to Twitter and call out the automaker with @FiatChrysler_NA. Each drawing needs to have "FCADriveforDesign.com" written on it somewhere, and each social media post needs to be garnished with the hashtag #DriveforDesign.  The contest judges are Mark Gilles, Fiat Chrysler head of design, and Mark Trostle, head of design for Ram and Mopar. They've attempted to juice the creative brain with a punch to the prefrontal cortex called the RAMpage. Playing off the name of a car-based pickup from the go-go 1980s that lasted two years — about how long 2020 feels already — the RAMpage is a Ram 1500 hood and upper fascia, a Dodge Charger SRT Hellcat Widebody lower front and body, a pickup bed, and it's accented with obligatory yellow splitter guards that have matured into a properly racy splitter. You can take the RAMpage as a cue that your drawing doesn't need to threaten the living with massive bulk and post-apocalyptic looks. Ricky Ryan Goimarac, one of the entries so far, made his own version of the RAMpage that looks pretty sexy. And with the Chevrolet Colorado ZR2, ZR2 Bison, and Ford Ranger Raptor still not quite there for some people, why wouldn't a mid-size Dakota TRX be a good idea right now? Here's the crucial part: All entries need to be submitted today, April 9th, no later than 5 p.m. Eastern. So yeah, there's not much time, but ... quarantine. Tomorrow, April 10, Gilles and Trostle will post their favorites to Instagram. For all those design-focused high-schoolers, entries for the official Drive for Design contest are due by May 1, 2020. Related Video: