2022 Ram 3500 Tradesman on 2040-cars

Auto blog

Certain Chrysler owners eligible for buyback program

Certain car owners whose Chrysler vehicles contain dangerous defects will soon have a way to get rid of their lemons without losing money. As part of an agreement with federal regulators, Fiat Chrysler Automobiles has agreed to buy back more than 500,000 vehicles susceptible to veering out of control without warning at above market-value prices. The deal mainly covers certain models of RAM trucks, the Dodge Dakota pickup and Dodge Durango SUV. Further, owners of more than 1.5 million Jeep Liberty and Grand Cherokees at heightened risk for lethal fires are eligible to trade in their vehicles at above market value or, alternately, get a gift certificate if they prefer to have repairs made. Chrysler has "a heavy responsibility to make sure the products they make are safe for the traveling public," said Mark Rosekind, administrator of the National Highway Traffic Safety Administration. "... Here, we are sending an unambiguous signal to industry that if you skirt the laws or violate the law, or don't live up to the responsibility that consumers expect, we are going to penalize you." The buy-back and trade-in options for motorists come as part of an unprecedented penalty NHTSA slapped against Chrysler for violating federal motor-vehicle safety laws. Chrysler will pay a $105 million fine, the highest ever levied by the regulatory agency. In addition to the buy-backs, Chrysler also agreed to an independent monitor for three years. Investigators had outlined problems in the company's conduct in 23 recalls that affected more than 11 million defect vehicles. As part of a consent-order agreement, Chrysler acknowledged it did not notify vehicle owners of recalls in an effective manner and did not notify NHTSA of safety problems. Though those recalls affected millions of drivers, the buy-back and trade-in options are only for a small portion of the vehicles involved. Because Chrysler struggled to fix the problem and no repair was apparent, Rosekind said the buy-backs are reserved "for customers who didn't have a remedy." Buy-backs are for trucks and SUVs affected by three recalls that occurred in 2013 (recalls 13V-038, 13V-527 and 13V-529), that addressed a rear-axle pinion nut that could come loose and cause a loss of vehicle control. Those recalls covered 579,228 vehicles, including 2009-2012 Ram 1500, 2500, 3500, 4500 and 5500 trucks, 2009-2012 Dodge Dakotas, 2009 Chrysler Aspen and the 2009 Dodge Durango.

2017 Ram Power Wagon starts at $53,015

Ram has finally released pricing for the new 2017 2500 Power Wagon, and it won't come cheap, starting at $53,015. The good news is that you still get plenty of hardware and appearance upgrades. The better news is that there's also a way to get the same capability for a discount. Every Power Wagon model still gets a bevy of off-roading features, including Bilstein shocks, 33-inch tires, locking front and rear differentials, electronically disconnecting sway bars, chassis armor, and a 12,000-pound Warn winch. Each one also comes with the Ram 2500's 410-horsepower V8. This year, the standard grade Power Wagon also gets a much more aggressive exterior thanks to the Ram Rebel-style black front grille and trim. The black trim is complemented by a retro Power Wagon stripe just behind the rear doors, as seen on late '70s Power Wagons and the recent Macho Power Wagon SEMA concept. Inside, the Power Wagon also gets seats with embossed tire tread patterns, like the Ram Rebel. Buyers who want to be coddled on the trail can then upgrade their Power Wagons with the Leather and Luxury package for $4,495, which adds satellite radio, UConnect, heated leather seats and steering wheel, and voice control, among other things. With the introduction of the Leather and Luxury package, Ram will also phase out the fancy, $59,465 Laramie Power Wagon trim. However, if you don't need the extra style of the Ram Power Wagon, there's a cheaper way to get the substance. The way to do this is to order a Ram 2500 Tradesman in crew cab, four-wheel-drive configuration, and then choose the $8,450 Power Wagon package. When added to the Tradesman's $39,865 starting price, you'll have a Power Wagon for $46,995 provided you don't add anymore options. That's a substantial savings of just over $6,000. Now you won't get the fancy interior or the Rebel-style exterior appointments, but all of the important mechanical bits are the same. In a way, it's the off-road version of a " sleeper." So whether you want style or savings, there's a Power Wagon for you. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2017 Ram 2500 Power Wagon: Chicago 2016 View 18 Photos Image Credit: Ram RAM Truck power wagon ram 2500 power wagon

Fiat Chrysler's Q3 profit boosted by strong North American earnings

MILAN, Italy — Fiat Chrysler Automobiles (FCA) reported a 17 percent jump in third-quarter adjusted operating profit on Tuesday, helped by a strong performance in its key North American market and improving operations in Europe and Latin America. The world's seventh-largest carmaker still makes the lion's share of its profits in North America, so improving, or at least maintaining, its margins there is a key focus. The carmaker reported an 8 percent adjusted operating profit margin in the region, up from 7.6 percent a year ago, despite a drop in sales and shipments. "FCA's profitability in North America remained strong in the quarter despite a weakening market there," a Milan-based analyst said. FCA's profitability compares with an 8.3 percent North America margin reached in the quarter by bigger U.S. rival GM , showing CEO Sergio Marchionne making progress towards his goal of closing the margin gap with GM and the company's other U.S. rival, Ford, by 2018. The company's confirmation of its full-year outlook also pushed shares higher, a trader added. The stock was up 2.8 percent by 1129 GMT, outperforming a 1 percent rise in the European auto index. FCA has been retooling some U.S. factories to boost output of sport-utility vehicles (SUVs) and trucks while ending production of some unprofitable sedans to strengthen profitability as the U.S. car market comes off its peak. The company said a drop in North America shipments due to lower fleet sales and discontinued models was partially offset by higher deliveries of Ram trucks and two models from the Alfa Romeo stable: the Stelvio sport utility vehicle and Giulia sedan. Profitability also improved in Europe, helped by sales of the Stelvio and the new Jeep Compass, and Latin America, while margins at Maserati remained strong at 13.8 percent due to strong demand for its first SUV, the Levante. In a later conference call, investors are looking for hints on the new strategy to 2022 which the company promised to unveil early next year. Chief Executive Sergio Marchionne said earlier this year that FCA would streamline its portfolio and that components businesses, including Magneti Marelli, would be separated from the group, possibly via a spin-off. While FCA confirmed its targets this year, doubts remain about its exposure to a weakening U.S. market, recall costs and potential fines over emissions after it was targeted by European and U.S.