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Chrysler Group moves around execs in wake of recent departure

Chrysler is busy shuffling executives around in the wake of Ram head Fred Diaz's departure. The automaker has named Reid Bigland (pictured, right) as Diaz's successor in the role of president and CEO of Ram, though Bigland will continue his duties as the head of US sales and the president and CEO of Chrysler Canada. Bigland first came to Chrysler in 2006 from Freightliner Custom Chassis Corporation, so the guy knows a thing or two about trucks.
Meanwhile, Timothy Kuniskis will take over as president and CEO of Dodge. Previously, he served as the head of Fiat in North America and has been with Chrysler in one capacity or another since 1992. His old title now falls to Jason Stoicevich, who will also continue to work as the director of the automaker's California Business Center. Finally, Bruno Cattori will take over as the president and CEO of Chrysler Mexico.
Diaz left his position to take over as a divisional vice president of sales and marketing with Nissan. You can read the full press release on the Chrysler personnel changes below for more information.

2019 Ram 1500 aces IIHS crash tests

The Insurance Institute for Highway Safety has finally performed crash tests on the completely redesigned 2019 Ram 1500 pickup truck, and it's mostly great news for the Ram. The Crew Cab earned the highest "Good" rating in all six crash tests. Impressively, that includes both the driver and passenger small overlap tests, which has been a rare feat. It's also the first truck to get a rating in that passenger-side test, thus is also the only truck with a "Good" rating for the crash type. The 2019 Ram also marks a major improvement over the previous-generation Ram, which only scored the second-lowest rating of "Marginal" in the driver small overlap test. The passenger side wasn't tested. The old Ram also only had a "Marginal" roof strength rating. In addition to having great crash test results, the Ram 1500 also earned the best possible rating for its optional forward collision prevention technology. It was capable of bringing the truck to a complete stop, avoiding a collision at speeds up to 25 mph. The Ram's only weak point was its headlights, which were rated "Marginal" at best. Because of the headlight performance, the IIHS didn't give it a Top Safety Pick award. This is a weak point for most trucks, as the only ones with headlight ratings above "Marginal" are the Honda Ridgeline and the 2018 GMC Sierra. The Ridgeline is also the only pickup tested by the organization to receive the Top Safety Pick award. With that being said, both the 2019 Ram 1500 as well as the 2018 Ford F-150 should qualify for the Top Safety Pick award if headlight performance improves. Note that the collision prevention and headlight ratings also apply to the Ram 1500 Quad Cab, but that the crash ratings do not. It's likely the IIHS will test that in the future. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Stellantis reports surprising 2020 results, is 'off to a flying start'

MILAN — Low global car inventories and cost cuts should boost Stellantis's profit margins this year, though a shortage of semiconductors and investments in electric vehicles could weigh on results, the newly-formed automaker said on Wednesday. The forecast came as Stellantis, created by the January merger of Peugeot-maker PSA and Fiat Chrysler (FCA), reported better-than-expected results for 2020 that sent its shares up around 3% in morning trading. "Stellantis gets off to a flying start and is fully focused on achieving the full promised synergies (from the merger)," Chief Executive Carlos Tavares said in a statement. Stellantis is the world's fourth largest carmaker, with 14 brands including Fiat, Peugeot, Opel, Jeep, Ram and Maserati. It said 2021 results should be helped by three new high-margin Jeep vehicles in North America and a strong pricing environment there. The U.S. market has driven profits for years at FCA and starts off as the strongest part of Stellantis. The group's guidance assumes no more significant lockdowns caused by the global COVID-19 pandemic, which shuttered auto plants around the world last spring. Stellantis should also get a lift as its starts to implement a plan aimed at delivering over 5 billion euros a year in savings, without closing any plants. Tavares has also pledged not to cut jobs. But a pandemic-related global shortage of semiconductors, used for everything from maximizing engine fuel economy to driver-assistance features, could hurt business. Auto industry executives have said the shortage should ease by the second half of 2021. Stellantis said its "electrification offensive" could also weigh on results this year. Automakers are racing to develop electric vehicles to meet tighter CO2 emissions targets in Europe and this week Volvo joined a growing number of carmakers aiming for a fully-electric line-up by 2030. Stellantis plans to have fully-electric or hybrid versions of all of its vehicles available in Europe by 2025, broadly in line with plans at top rivals such as Volkswagen and Renault-Nissan, although Stellantis has further to go to meet that goal. The carmaker is targeting an adjusted operating profit margin of 5.5%-7.5% this year. That compares with a 5.3% aggregated margin last year: 4.3% at FCA and 7.1% at PSA excluding a controlling stake in parts maker Faurecia, which is set to be spun-off from Stellantis shortly.