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Dodge Challenger ACR rumored finally on its way using Viper ACR as benchmark

In 1995, Dodge released the ACR Neon, an unlikely combination of cheap, compact American sedan and high-performance parts and engineering marked by initials standing for American Club Racer. Dodge sold a heap of them, so the automaker flexed the ACR brand's potential with the first ACR Viper in 1999. The racy coupes made huge noise for Dodge and the Viper. After the fourth-gen Viper ended production in 2010, Dodge took a Challenger ACR concept to SEMA in 2011. But instead of carrying the coupe to production, Dodge resurrected the Viper for 2013 and got one more Viper ACR model out during the last Viper's final years. With the Viper gone again, it appears Dodge is sorting out that Challenger ACR concept for real. Last October, Mopar Insiders reported the automaker was trying to get a Challenger ACR prepared for the model's 50th anniversary this year. The timing looks highly unlikely, but an Allpar source says the track-happy coupe is still coming, and with bonkers expectations and gear. We're talking about a big-boi widebody Challenger tuned to do hard laps, fast, around twisty circuits, all day long. An Allpar insider known as "Muther," a code name to tug at John le Carre's heart, said Dodge is considering two engines. Because the point of the car is to be raced and some series don't accept forced induction, one trim would fit the naturally aspirated 392 Hemi from the R/T Scat Pack. There's no telling if that motor would get a power bump, but the Challenger ACR concept upped its output slightly with measures like a cat-back exhaust. The other trim, naturally, would fit the 6.2-liter Hellcat Redeye V8.     Muther told Allpar that if engineers can get the car under 4,000 pounds, the math points to being within two seconds of the time set by the Viper ACR-E at Road America. That "E" represents the Extreme Aero Package, with addenda like a deeper front splitter, dive planes, and an adjustable, dual-element rear wing that helped the Viper ring up 14 lap records on U.S. tracks. The fastest time we know of for a Viper at Road America is from 2011, factory race driver Kuno Wittmer doing 2:20 even in a Gen IV Viper ACR. Wittmer's ride weighed 3,408-pounds. Dodge boffins want to get the Challenger ACR under 4,000 pounds. Achieving the weight goal would mean cutting at least 387 pounds from a standard R/T Scat Pack Widebody, and 512 pounds from the Hellcat Redeye Widebody if that trim has the same target.

Stellantis moves to set up its own lending unit

Stellantis is buying Houston-based auto lender First Investors Financial Services Group to set up its own finance arm in the U.S., a move that should support sales and eventually boost profit. The only major traditional automaker in the U.S. without its own finance company agreed to pay $285 million to a group of investors led by Gallatin Point Capital and Jacobs Asset Management, according to a statement. The transaction is expected to close by year-end. Stellantis was formed via the merger between Fiat Chrysler and PSA Group early this year. Carlos Tavares, the PSA boss who became the combined company’s chief executive officer, called the deal to acquire First Investors a milestone that will increase earnings and enhance customer loyalty. “Direct ownership of a finance company in the U.S. is a white-space opportunity which will allow Stellantis to provide our customers and dealers a complete range of financing options,” Tavares said Wednesday in the statement.  Having an in-house finance company has helped rivals General Motors Co. and Ford Motor Co. pad profits, especially during the global semiconductor shortage that has limited production and crimped sales. GM bought subprime lender AmeriCredit Corp. in 2010 and renamed it GM Financial. The operation generated a $2.76 billion profit in the first half -- roughly a third of the companyÂ’s adjusted earnings before interest and taxes. Trouble for Santander? The First Investors acquisition could spell trouble for Chrysler Capital, the operation that Santander Consumer USA Holdings Inc. and Chrysler set up in 2013 before the U.S. automaker completed its merger with Fiat. In a statement, Santander Consumer said itÂ’s committed to supporting Stellantis through the term of their existing agreement and its transition. Santander Consumer will also have “ongoing conversations with Stellantis about long-term mutually beneficial opportunities beyond 2023,” the company said, adding that its consumer business remains strong and has “delivered solid results for our shareholders.” This, along with support from its parent company, will allow the lender to “pursue additional opportunities as they arise.” The lenderÂ’s U.S.-listed stock fell 1.5% in New York trading Wednesday after Bloomberg reported Stellantis was preparing to announce a new finance partner. Stellantis shares rose as much as 1.3% in Paris trading Thursday.

FCA and UAW deal could mean huge production shakeups

The big labor contract between Fiat Chrysler Automobiles and the United Auto Workers is likely to lead to some very serious production shakeups across the company's North American manufacturing operations. That's according to a new report from Automotive News, which details the sweeping changes at no fewer than five production facilities in Michigan, Illinois, Ohio, Mexico, and Poland. So without further ado, here's what's going where, presented in easy to digest bullet form. Ram 1500 production would move from Warren, MI to Sterling Heights, MI Warren, MI would be retooled for unibody production and would handle the Jeep Grand Wagoneer and could potentially build Grand Cherokees to ease the strain on Detroit's Jefferson North factory Chrysler 200 production would move from Sterling Heights, MI to Toluca, Mexico Dodge Dart production would move from Belvidere, IL to Toluca, Mexic Fiat 500 production, which is currently handled by Toluca, would be concentrated in Poland, where the Euro-spec Cinquecento is built Jeep Cherokee production would move from Toledo, OH to Belvidere, IL to make room for Wrangler and Wrangler Pickup production Like we said, those are some big changes. But, as FCA CEO Sergio Marchionne said in an earlier interview with Automotive News, this kind of shakeup would make a lot of sense. In that August interview the exec said that automakers moved truck production to Mexico because they were "threatened" by the UAW. "The only thing [the UAW] want is to move the truck back. Which is right. If you move the truck back here, which is [the UAW's] domain, [and move] all the cars that we get killed on somewhere else, we could actually make sense of this bloody industry and actually increase the number of people employed in this country and really share wealth because we are making money," Marchionne told AN. News Source: Automotive News - sub. req.Image Credit: Bill Pugliano / Getty Images Plants/Manufacturing UAW/Unions Chrysler Dodge Fiat Jeep RAM Sergio Marchionne FCA toluca warren sterling heights