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Fiat Chrysler's profit boosted by Ram and Jeep in North America

MILAN/DETROIT — Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. "We are open to opportunity," Manley said on a call with analysts. "I have no doubt why there still would be interest in it," he added, when pressed on what it would take to revive talks with Renault. Manley declined to comment further. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker. Manley said a merger was not a must-have and Fiat Chrysler's business plan was strong. The company said it remained confident its adjusted earnings before interest and tax (EBIT) would top last year's 6.7 billion euros ($7.5 billion). Given disappointing forecasts from other automakers this earnings season, FCA's confirmation of the outlook sent Milan-listed shares in the Italian-American automaker, whose other brands include Jeep, up over 4%. A broad-based auto sales downturn has rattled the sector, forcing FCA's competitors — including Renault, Daimler and Aston Martin — to cut their sales forecasts after second-quarter results, while U.S. carmaker Ford gave a weaker-than-expected 2019 profit outlook. Japan's Nissan, a long-term partner of Renault, said it would cut 12,500 jobs by 2023 after its earnings collapsed. In the second quarter FCA's adjusted EBIT totaled 1.52 billion euros, versus analysts' expectations of 1.43 billion euros, according to a Reuters poll. FCA's U.S. shipments were down 12% in the second quarter but the group said that the successful performance of its Ram brand resulted in an enhanced share of the large pickup truck market of 27.9%, up 7 percentage points from last year. Adjusted EBIT margin in North America rose to 8.9% from 6.5% in the first quarter, thanks to strong demand for the heavy-duty Ram and the new Jeep Gladiator pickup. Chief Financial Officer Richard Palmer also said FCA expected to report up to 10% margins in the region in both the third and fourth quarters.

Ram 1500 Marines-inspired Built to Serve edition wears tank-like green paint

Ram rolled out the latest addition to its military-inspired Built to Serve lineup of trucks right before Thanksgiving. Based on the hot-selling 1500, it's available in two distinct colors named Tank and Flame Red, respectively. Each branch of the U.S. armed forces is getting a variant of the truck, and the newest member of the range honors the Marine Corps. Like the three previously-unveiled 1500s, it receives a decal of the American flag and Built to Serve stickers on each quarter panel, black exterior trim pieces, body-colored fender flares, and 20-inch aluminum wheels finished in a shade called Technical Gray. Ram expects active-duty service members and veterans will scoop up most of the production run, so it added Velcro panels on the side of each front seat that let motorists display the patch of their choice, whether it's a flag, a name badge, or a unit insignia. It also added front sport seats upholstered in cloth and vinyl, all-weather floor mats, and an emblem on the dashboard, while the Marines-inspired model gets Medium Greystone accent stitching. Buyers can combine the Built to Serve appearance package with all body styles and powertrains, even if they haven't served in the armed forces. Every truck comes with the 4x4 Off-Road Group, which bundles features like all-terrain tires, an electronic-locking rear axle, hill descent control, tow hooks, and four thick skid plates. Ram will start taking orders for the latest Built to Serve 1500 in December 2020, and production is scheduled to start in early 2021 at the firm's Sterling Heights, Michigan, plant. Pricing information hasn't been published yet, but production will be limited to 1,000 trucks finished in Tank and an additional 1,000 units painted Flame Red. The fifth and final member of the range, honoring the Coast Guard, will be unveiled in early 2021.  Related Video:

2019 Ram 1500 Review and Buying Guide | Excellence at all price points

Quite simply, the 2019 Ram 1500 is our favorite full-size pickup. From its most basic Tradesman trim to the fanciest Limited and everything in between, we're enamored with its well-rounded, well-executed and generally thoughtful range of talents. It nails all the hard-working truck necessities, while going several steps further with such things as a class-best ride, clever interior storage, attractive cabin design and many unique features. It's not offered with the breadth of powertrain offerings as rival trucks, but the eTorque mild hybrid system standard with its V6 and optional with the Hemi V8 at least improves fuel economy and refinement. If you're looking for a new pickup, the Ram 1500 is a must-drive. What's new for 2019? The Ram 1500 was completely redesigned for 2019, although the previous generation truck is still sold under the name Ram 1500 Classic. Essentially, the new Ram builds on that otherwise excellent predecessor by adding refinement, innovation and mechanical improvements. You can read about them more in-depth in our 2019 Ram 1500 First Drive Review. 2019 Ram 1500 Interior View 56 Photos What's the interior and in-car technology like? It's easy to be smitten by the Ram 1500 in its fanciest Longhorn and Limited trim levels, which are bedecked in soft leather, special color schemes and unique styling elements like the Longhorn emblem literally branded into real wood trim. There are unique features like the huge vertically oriented touchscreen and the ventilated reclining back seat. It's easily the most luxurious pickup ever made. Crucially, however, we are actually more impressed by the basic Ram 1500 Tradesman and Big Horn trim levels. While the quality of plastics is typical for the segment (that goes for those ritzy Rams, too), the different textures and attractive design result in a cabin that looks and feels better than trucks that cost a comparable amount or more. For instance, the rich gray cloth upholstery in a Big Horn test truck contributed to a far more premium environment than the one found in a leather-lined 2019 Chevy Silverado. The Ram doesn't just impress aesthetically. The five-passenger model's center console features the sort of clever, multi-configuration storage solutions normally possessed by Hondas. Abundant thought was clearly put into how people might use this space – it's not just some cupholders and a pair of differently sized bins.