2014 Dodge Durango Limited on 2040-cars

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Marchionne may stay with FCA until 2020

We might get to see Sergio Marchionne and his vast array of sweaters in the auto industry for even longer than expected. The FCA CEO suggested last year that he would retire from the automaker when its current five-year plan was complete in 2018. Now, he has tentatively extended that point out to at least 2020. "I can do this for another five years if you push me, right? Beyond that, I ain't gonna do it, and I don't want to," he said to Automotive News. That would give Marchionne a 16-year career at the top from joining Fiat in 2004 to possibly leaving FCA in 2020. Although, take the CEO's statement with a grain of salt because he has made multiple statements about the timing for his retirement. In 2012, Marchionne said he would only remain in charge until 2015, which is, well, now. Those five years might also go quite quickly because Marchionne is a busy guy with the Ferrari IPO, the attempted merger with General Motors, implementing FCA's five-year plan, and many other projects. He's already considering the next CEO, though. "My purpose in life is to find the Kuniskises of the world, the Manleys, the Biglands, the Palmers," Marchionne said to Automotive News, referencing the heads at Dodge, Jeep, FCA North America, and the company's chief financial officer, respectively. "I told them, 'One of you is going to do what I do one day. I don't know who that is, but one of you is going to do it.'" News Source: Automotive News - sub. req.Image Credit: Paul Sancya / AP Photo Chrysler Dodge Fiat Jeep Sergio Marchionne FCA fca us Mike Manley reid bigland tim kuniskis

The Chrysler brand could be axed under Stellantis management

MILAN — While running NissanÂ’s North American operations from 2009 to 2011, Carlos Tavares had a reputation for closely watching costs with little tolerance for vehicles or ventures that didnÂ’t make money. Experts say that means Tavares, currently the head of PSA Group, is likely to follow that blueprint when he becomes leader of a merged PSA and Fiat Chrysler Automobiles. The low-performing Chrysler brand might get the axe as could slow-selling cars, SUVs or trucks that lack potential. Already the companies are talking about consolidating vehicle platforms — the underpinnings and powertrains — to save billions in engineering and manufacturing costs. That could mean job losses in Italy, Germany and Michigan as PSA Peugeot technology is integrated into North American and Italian vehicles. “You canÂ’t be cost efficient if you keep the entire scale of both companies,” said Karl Brauer, executive analyst for the iSeeCars.com auto website. “WeÂ’ve seen this show before, and weÂ’re going to see it again where they economize these platforms across continents, across multiple markets.” Shareholders of both companies are to meet Monday to vote on the merger to form the worldÂ’s fourth-largest automaker, to be called Stellantis. The deal received EU regulatory approval just before Christmas. Tavares, who for years has wanted to sell PSA vehicles in the U.S., wonÂ’t take full control of the merged companies until the end of January at the earliest. He likely will target Europe for consolidation first, because thatÂ’s where Fiat vehicles overlap extensively with PSAÂ’s, said IHS Markit Principal Auto Analyst Stephanie Brinley. Europe has been a money-loser for FCA, and factories in Italy are operating way below capacity — a concern for unions, given FiatÂ’s role as the largest private sector employer in the country. “We are at a crossroads,Â’Â’ said Michele De Palma of the FIOM CGIL metalworkersÂ’ union. “Either there is a relaunch, or there is a slow agonizing closure of industry, in particular the auto industry, in Italy.” ItalyÂ’s hopes lie with the luxury Maserati and sporty Alfa Romeo brands, but De Palma said investments are needed to bring hybrid and electric technology up to speed. FiatÂ’s Italian capacity stands at 1.5 million vehicles, but only a few hundred thousand are being produced each year. Most factories were on rolling short-term layoffs due to lack of demand, even before the pandemic.

2019 Dodge Challenger R/T Scat Pack 1320 gets race-focused upgrades

The Dodge Challenger SRT Demon is one hell of a machine. It's a single-minded 840-horsepower jackhammer, meant solely to burn rubber and win drag races. It's packed with all sorts of goodies like a transbrake, line lock, and a torque reserve mode. Still, it was an extremely limited-production model. It's also sold out. What do you do if you want some fun on the drag strip and you can't find our don't need the power of a Demon? Buy the new 2019 Dodge Challenger R/T Scat Pack 1320. You can really think of the Scat Pack 1320 as a Demon without the wide bodywork and the supercharged 6.2-liter V8. Instead, you'll find Dodge's tried-and-true 6.4-liter naturally-aspirated V8 under the hood making 485 horsepower and 475 pound-feet of torque. The TorqueFlite 8HP70 eight-speed automatic is the only available transmission. It's required equipment to use the TransBrake and Torque Reserve system. All-four wheels are wrapped in Nexen SUR4G Drag Spec 275/40R20 street-legal drag radial tires. The 1320 names comes from the length of a quarter-mile drag strip — 1,320 feet. The Scat Pack 1320 can run the quarter-mile in 11.7 seconds at 115 mph and hits 60 mph in just 3.8 seconds. Of course, that's in its lightest configuration. Like the Demon, the Scat Pack 1320 only comes with a driver's seat. The passenger and rear seats are each $1 options. The goal was to give grassroots racers a bare-bones performance car at a relatively reasonable price. You don't need passengers if you're only racing. You also shave 114 pounds from the car's curb weight. Other upgrades include an SRT-tuned suspension, a 3.09 rear axle ratio, 41-spline rear half-shafts, 20 x 9.5-inch aluminum-forged wheels with knurled bead seats (to keep the tires from slipping on the rim) and upgraded Brembo brakes with four-piston calipers. The Challenger R/T Scat Pack 1320 joins a number of other upgraded 2019 Dodge models. That includes the Challenger SRT Hellcat Redeye and the upgraded 2019 Charger SRT Hellcat. The Scat Pack 1320 adds $3,995 to the Challenger R/T Scat Pack's base MSRP. That's not the whole story. Since the automatic is mandatory, you need to tack on another $1,595. Add in destination, and the Scat Pack 1320 will set you back at least $45,980. Cars will hit 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.