2024 Ram 2500 Laramie on 2040-cars

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Analysts wary over FCA lawsuit but say emissions not as bad as VW

MILAN - Any potential fines Fiat Chrysler (FCA) may need to pay to settle a US civil lawsuit over diesel emissions will unlikely top $1 billion, analysts said, adding the case appeared less serious than at larger rival Volkswagen. The US government filed a civil lawsuit on Tuesday accusing FCA of illegally using software to bypass emission controls in 104,000 vehicles sold since 2014, which it said led to higher than allowable levels of nitrogen oxide (NOx) that are blamed for respiratory illnesses. FCA's shares dropped 16 percent in January when the U.S. Environmental Protection Agency (EPA) first raised the accusations, adding the carmaker could face a maximum fine of about $4.6 billion. The stock has been under pressure since. Volkswagen agreed to spend up to $25 billion in the United States to address claims from owners, environmental regulators, U.S. states and dealers. FCA, which sits on net debt of 5.1 billion euros ($5.70 billion), lacks VW's cash pile but analysts said its case looked much less severe. While VW admitted to intentionally cheating, Fiat Chrysler denies any wrongdoing. Authorities will have to prove that FCA's software constitutes a so-called "defeat device" and that it was fitted in the vehicles purposefully to bypass emission controls. Even if found guilty, the number of FCA vehicles targeted by the lawsuit is less than a fifth of those in the VW case. Applying calculations used in the German settlement, analysts estimate potential civil and criminal charges for Fiat Chrysler of around $800 million at most. Barclays has already cut its target price on the stock to take such a figure into account. Analysts also noted that FCA's vehicles are equipped with selective catalytic reduction (SCR) systems for cutting NOx emissions, so it is likely that any problem could be fixed through a software update. "Should this be the case, we estimate a total cost per vehicle of not more than around $100, i.e. around $10 million in aggregate," Evercore ISI analyst George Galliers said in a note. The estimates exclude any additional investments FCA may be asked to make in zero emissions vehicles infrastructure and awareness as was the case with VW. FCA said last week it would update the software in the vehicles in question, hoping it would alleviate the regulators' concern, but analysts said it may have been too little too late. The carmaker is also facing accusations over its diesel emissions in Europe.

2022 Ram 1500 adds G/T model to Rebel and Laramie trims

The 2022 Ram 1500 lineup is expanding with a new G/T trim that offers a few small performance upgrades and some items borrowed from the Earth-eating TRX. Don’t get too excited, though, because this package is paired exclusively with the 5.7-liter V8 eTorque engine — no superchargers here. Available with either the Rebel or Laramie trims, the G/T package adds a cat-back exhaust and cold air intake to improve performance. Both are yanked out of the Mopar catalog, so those changes are ones you could actually do yourself. The rest is a touch more exclusive. For starters, Ram includes paddle shifters, a console-mounted gear lever (no turn dial), unique bucket seats with high bolsters and a metal pedal kit. Those are bits you get on the TRX now, so itÂ’s great to see the lower level Rams benefitting from the monster performance truck.  On the tech front, Ram includes its Performance Pages in the infotainment system. Measuring 0-60 mph times and G-forces in a regular Ram pickup seems a little silly, but now you can do both of those things and take advantage of a myriad of other capabilities afforded by those Performance Pages. You can tell the G/T models apart from others by looking for the big G/T decals on the rear fenders. All G/Ts additionally gain a unique “sport performance hood.” Lastly, you get Mopar all-season floor mats. Pricing for the Rebel G/T starts at $57,070, while the Laramie G/T starts at $57,175, both including their $1,695 destination fees. Ram says the G/T models will go on sale in the third quarter of 2021. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Chrysler to accelerate production of 2013 Ram and V6 engines

Chrysler is adding a third shift at its Warren Truck plant to meet demand for the new 2013 Ram pickup. And with tight supplies of its Pentastar V6, the company is also boosting output at its Mack Engine plant.
The expansions will add 1,250 jobs and are part of a $238 million investment by Chrysler in the Detroit area. Warren's third shift will begin work sometime in the spring, a Chrysler rep told Automotive News. Mack's increased Pentastar production a could include both 3.6 and 3.2-liter engines.
The company says it also plans to invest $40 million in its Trenton Engine plant to allow for production of a 3.2-liter V6 as well as the Tigershark inline-four for the upcoming Jeep Liberty replacement.