2006 Chrysler 300 Touring on 2040-cars

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Rising aluminum costs cut into Ford's profit

When Ford reports fourth-quarter results on Wednesday afternoon, it is expected to fret that rising metals costs have cut into profits, even as rivals say they have the problem under control. Aluminum prices have risen 20 percent in the last year and nearly 11 percent since Dec. 11. Steel prices have risen just over 9 percent in the last year. Ford uses more aluminum in its vehicles than its rivals. Aluminum is lighter but far more expensive than steel, closing at $2,229 per tonne on Tuesday. U.S. steel futures closed at $677 per ton (0.91 metric tonnes). Republican U.S. President Donald Trump's administration is weighing whether to impose tariffs on imported steel and aluminum, which could push prices even higher. Ford gave a disappointing earnings estimate for 2017 and 2018 last week, saying the higher costs for steel, aluminum and other metals, as well as currency volatility, could cost the company $1.6 billion in 2018. Ford shares took a dive after the announcement. Ford Chief Financial Officer Bob Shanks told analysts at a conference in Detroit last week that while the company benefited from low commodity prices in 2016, rising steel prices were now the main cause of higher costs, followed by aluminum. Shanks said the automaker at times relies on foreign currencies as a "natural hedge" for some commodities but those are now going in the opposite direction, so they are not working. A Ford spokesman added that the automaker also uses a mix of contracts, hedges and indexed buying. Industry analysts point to the spike in aluminum versus steel prices as a plausible reason for Ford's problems, especially since it uses far more of the expensive metal than other major automakers. "When you look at Ford in the context of the other automakers, aluminum drives a lot of their volume and I think that is the cause" of their rising costs, said Jeff Schuster, senior vice president of forecasting at auto consultancy LMC Automotive. Other major automakers say rising commodity costs are not much of a problem. At last week's Detroit auto show, Fiat Chrysler Automobiles NV's Chief Executive Officer Sergio Marchionne reiterated its earnings guidance for 2018 and held forth on a number of topics, but did not mention metals prices. General Motors Co gave a well-received profit outlook last week and did not mention the subject. "We view changes in raw material costs as something that is manageable," a GM spokesman said in an email.

Chrysler expecting up to 200,000 9-speed transmissions for 3 models this year

Striving for improved fuel economy, we already knew that Chrysler will begin using a nine-speed automatic transmission in some of its new products this year, but what we haven't known is that volume at which this gearbox will be used. According to Bloomberg, Chrysler CEO Sergio Marchionne has been quoted as saying that the automaker expects to sell close to 200,000 units equipped with this new transmission in 2013. Those gear-rich trannies will be spread out across three models, consisting of the redesigned Chrysler 200, the still-unnamed Jeep Liberty replacement and the Dodge Dart.
This transmission should play a pivotal role in making Chrysler vehicles more competitive in their respective segments. Just for comparison, one of the Dart's key competitors, the Toyota Corolla, still uses a four-speed automatic, and a previous report indicates that the next-generation 200 could get up to 38 miles per gallon on the highway, which is better than most non-hybrid midsize sedans on the market. Marchionne says that the new Jeep model is expected during the second quarter of this year, but there is no word as to when the new 200 or nine-speed Dart will debut, but clearly Dodge would like to have the transmission in its compact yesterday. As for that volume figure, it definitely doesn't seem out of reach since the Dart, Liberty and 200 combined for a total of more than 225,000 units in 2012.
How many more gears can we expect in future cars? Probably not many more, since the CEO of transmission-builder ZF, Stefan Sommer, previously stated that nine speeds was the "natural limit" for transmissions.

Chrysler Pacifica's Fam Cam is a great feature that needs to be on more cars

The CDC and various other official entities encourage or demand parents to place their children in a rear-facing child seat from birth until the ages of 2 to 4. That obviously means a driver or front passenger cannot see them, necessitating a mirror that you can see from the car's rearview mirror. As someone who constantly moved his son's rear-facing child seat between different cars every week, I can firmly recommend a mirror like this with a swivel base, as it is so much easier than others to mount and adjust.  But you know what's better than a mirror? The Chrysler Pacifica's "Fam Cam." In between the second and third rows, in the middle of the van, is a little glossy black disk in the ceiling that contains cameras that display images of second and third rows. There are daylight color and night time infrared camera views as well (although the daylight one makes certain darker colors look lilac purple). You can also enlarge one of the outboard second-row seats for a better view. Any of these above options allows you to see your children many times better than is possible with a mirror, especially at night. Just look at the difference below. Basically, you can't see your kid at all with the rearview mirror at night. Turning on the overhead map light helps, but my son wasn't too keen on having an interrogation lamp in his face, and it's certainly not ideal for sleeping, either. A given car's backseat position can also mean that the forward-facing child mirror is below the rearview mirror's line of sight, meaning you have to choose between seeing your kid or seeing what's going on behind your vehicle. Again, advantage Fam Cam. Here's another benefit. It's usually very difficult, if impossible, to mount both a forward-facing mirror and a tablet holder at the same time. I usually got around this by attaching the mirror to the middle seating position's head restraint, but that's obviously not an option in a vehicle with captain's chairs. Now, while I was literally able to mount both in the Pacifica for the purposes of illustrating my point, it was not easy and both mirror and tablet holder fit poorly. Using Fam Cam is obviously a better option. (Also a shout-out for Chrysler's positioning of the third-row USB port, which made it super-easy to keep the Galaxy charged).  Now, to be fair, the Kia Carnival and Honda Odyssey offer a similar rear seat spy camera feature, and we like those, too.