2008 Chrysler Sebring Convertible on 2040-cars

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Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says

  MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.

2022 Chrysler 300 gains a little, loses a little

Like an old player who will do anything to keep playing the game, the Chrysler 300 returns in 2022 to limp through another round in the sales arena. No one will be surprised to find out Chrysler doesn't have much in mind for the sedan that still stands out for being unlike segment competitors. The Touring, Touring L, and S trims carry over, and they all stick with Uconnect 4C on an 8.4-inch touchscreen, not the upgraded Uconnect 5 infotainment introduced this year that even the fleet-only 2022 Voyager gets. They are also fitted with the new air filtration system going into every Chrysler product, which removes 95% of particulates from the air. Otherwise, the entry-level model goes untouched. The Touring L gets the $995 Sport Appearance Package as standard equipment next year, which gussies the four-door up with a performance front fascia in body color with Black Noise badges, black pockets in the headlights, LED fog lamps, black LED taillights, black chrome moldings and 20-inch Black Noise wheels instead of the standard 18-inchers in polished aluminum.  Next year's 300S makes the Popular Equipment Group standard equipment, an option that costs $3,495 on the 2021 model. This includes navigation, a dual-pane sunroof, and nine-speaker Alpine audio with a 506-watt amplifier, surround sound and a sub in the trunk.   The $1,995 Comfort Group hold steady on the options list next year, its 15 features increased with the addition of a new alarm system.  Chrysler's trimmed other options that were available on the current model year before the order books closed this month. Amethyst and Canyon Sunset exterior colors are gone, so too is the Driver Convenience Group and its universal garage door opener. Mopar Insiders says the only interior choices next year will be Black, and Black with Linen, which would mean the retirement of Black Smoke and Radar Red. Production for the 2021 models will continue until December at the latest. The 2022 sedans are expected on dealer lots early next year. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Junkyard Gem: 1995 Eagle Vision TSi

Lee Iacocca's main motivation to have Chrysler buy the American Motors Corporation in 1987 was to grab the Jeep brand, but it turned out that getting all the chassis engineering that went into the Eagle Premier paid off handsomely as well. The Premier's ancestry was Wisconsin-tinged Renault, a mashup of Renault 25 and 21 chassis and suspension design, and Chrysler later based the very successful LH series of sedans on the Premier. The Eagle-badged version of the LH was the Vision, sold for the 1993 through 1997 model years. Here's one of those cars, heavily battered and its once-lurid purple paint now faded, found in a self-service yard south of Denver, Colorado. The Eagle brand was named after the AMC Eagle, and it was used for both ex-AMC vehicles and Mitsubishi machinery. It got the axe after 1998, when the final Talons were sold. The first-generation LH cars included the Vision, the Chrysler Concorde, the Chrysler LHS, the Chrysler New Yorker and the Dodge Intrepid. A Plymouth version known as the Accolade was planned but never went into production. The crash that mangled the front end made it impossible for me to open the hood, but the '95 Vision TSi got a 3.5-liter OHC V6 with 214 horsepower and 221 pound-feet. Every production Vision ever built came with a mandatory four-speed automatic transmission. This car made it just a bit past 167,000 miles during its life. All in all, a comfortable Detroit sedan on a French suspension that sold fairly well and then faded into oblivion. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. So much cheaper than the Acura Legend! This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Virtual reality speculation was all the rage during the first half of the 1990s. And, hey, it still is! This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The middle 1990s were a strange time.