2012 Ram 5500 Laramie on 2040-cars

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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.

Ram 1500 Laramie Longhorn could become Limited Longhorn for 2021

Residents of Laramie, Wyoming, will soon lose one of their claims to fame, according to a recent report. Ram's upmarket 1500 Laramie Longhorn will allegedly become the Limited Longhorn for the 2021 model year. Without citing sources, enthusiast website Mopar Insiders reported the name change, and explained it brings the truck closer to the range-topping Limited trim in the minds of consumers. As the publication pointed out, the Laramie Longhorn and the Limited both offer a generous serving of chrome trim, LED headlights, and fender flares, among other features. And, while the Laramie Longhorn isn't the range's flagship, it coddles buyers with a luxury-car-like cabin that features soft leather upholstery and real wood trim on the dashboard. 2021 will also bring more in-car technology, still according to the Mopar Insiders report, including an Enhanced Trailer Tow Package that bundles an integrated trailer brake controller, trailer reverse steering controls, a tire pressure monitoring system for the trailer, and a trailer light check function. Motorists will also benefit from a customizable head-up display, a digital rear-view mirror, and Off-Road Pages for the Uconnect infotainment system. It's reasonable to assume that these features will be offered on other trims, too. What remains to be seen is how the updates will affect the truck's pricing. As of writing, the 2020 1500 carries a base price of $33,840 for a rear-wheel drive Tradesman model, and tops out at $59,110 when buyers select a four-wheel drive Limited. The Laramie Longhorn that is allegedly being replaced costs $53,335 with rear-wheel drive. Note all of the aforementioned figures include the mandatory $1,695 destination charge. The spokesperson Autoblog contacted wouldn't confirm or deny the rumor. All we learned is that Fiat-Chrysler Automobiles (FCA) will announce its 2021 updates on September 1, 2020. Stay tuned for more, then. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. 2020 Ram 2500 Power Wagon POV drive

AEV Ram Concept is an aftermarket Power Wagon

American Expedition Vehicles showed off its simply named Ram Concept at this year's SEMA Show in Las Vegas. Starting with a 2014 Ram 2500 Crew Cab and a 6.7-liter Cummins turbodiesel, the Michigan-based team at AEV, which has made a name for itself building ultra-capable Jeeps, promises that this Ram is a "complete vehicle package."
As part of that "complete vehicle package," the AEV Ram has been lifted three inches in front and two in the back, in order to give it a level ride. The suspension tweaks don't end there, though, as the geometry has been changed and custom shocks fitted, while AEV modified the truck's steering to make it more precise.
It rides on massive BF Goodrich rubber and 17-inch AEV wheels. The front bumper is from stamped steel and can accommodate a winch and auxiliary lights, as needed. Other body mods include flared fenders that can handle the larger rubber.