1998 Dodge on 2040-cars

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The future's electric — but the present is peak gasoline. Burn some rubber! Do donuts!

I vividly remember the year 1993 as a teenager looking forward to getting my driver’s license, longingly staring into Pontiac dealerships at every opportunity for a chance to see the brand-new fourth-generation Firebird and Trans Am. Back then, 275 horsepower, courtesy of GMÂ’s LT1 5.7-liter V8 engine, was breathtaking. A few years later, when Ram Air induction systems freed up enough fresh air to boost power over 300 ponies, I figured we were right back where my fatherÂ’s generation left off when the seminal muscle car era ended around the year 1974. It couldn't get any better than that. I was wrong. Horsepower continued climbing, prices remained within reach of the average new-car buyer looking for cheap performance, and a whole new level of muscular magnitude continued widening eyes of automotive enthusiasts all across the United States. It was all ushered in by cheap gasoline prices. And as much as petrolheads bemoan the coming wave of electric vehicles, perhaps instead now would be a good time for critics to sit back and enjoy the current and likely final wave of internal combustion. Today, itÂ’s easier than ever to park an overpowered rear-wheel-drive super coupe or sedan in your driveway. Your nearest Chevy dealership will happily sell you a Camaro with as much as 650 horsepower. Not enough? Take a gander at the Ford showroom and youÂ’ll find a herd of Mustangs up to 760 ponies. Or if nothing but the most powerful will do, waltz on over to the truly combustion-obsessed sales team of a Dodge dealer and relish in the glory of a 797-hp Charger or 807-hp Challenger. Want some more luxury to go with your overgrown stable of horses? Try Cadillac, where you'll find a 668-horsepower CT5-V Blackwing. You could instead choose to wrap that huffin' and chuggin' V8 in an SUV. Or go really off the rails and buy a Ram TRX or Jeep Wrangler Rubicon 392 and hit the dunes after a quick stop at the drag strip. Go pump some gas. Burn a little rubber. Do donuts! There is nothing but your pocketbook keeping you from buying the V8-powered car of your dreams. Yes, just about every major automaker in the world has halted development of future internal combustion engines in favor of gaining expertise in batteries and electric motors. No, that doesnÂ’t mean that gasoline is going extinct. There are going to be gas stations dotting American cities and highways for the rest of our lifetimes.

Fiat Chrysler profit up as it closes in on retiring its debt

MILAN — Fiat Chrysler Automobiles reduced its debt by more than expected in the first quarter, putting the carmaker well on course to become cash positive later this year. Chief Executive Sergio Marchionne expects to cancel all debt during 2018 — possibly by the end of June — and generate around 4 billion euros ($5 billion) in net cash by the end of the year. Marchionne has said that forecast does not include any one-off measures, nor the impact of the planned spinoff of parts maker Magneti Marelli, which he hopes to execute by early 2019. The world's seventh-largest carmaker said on Thursday net debt had fallen to 1.3 billion euros ($1.6 billion) by the end of March, well below a consensus forecast of 2.6 billion euros in a Thomson Reuters poll of analysts. FCA said capital spending fell 900 million euros in the quarter due to "program timing," which analysts said implied higher investments for the rest of the year. The Italian-American group said first-quarter operating profit rose 5 percent to 1.61 billion euros, below a consensus forecast of 1.74 billion, as a weaker performance from its North American profit center weighed. Shipments there were higher due to the new Jeep Wrangler and Compass models. But currency moves hit revenues and earnings, and costs related to new product launches added to the pressure. FCA's shift to sell more trucks and SUVs boosted margins yet again in North America to 7.4 percent from 7.3 percent in the same quarter a year ago, although they were down from the 8 percent recorded in the preceding three months. Marchionne, preparing to hand over to an internal successor next year, is close to his goal of ending a margin gap with larger U.S. rivals General Motors and Ford. The 65-year-old has said becoming debt free and being able to compete on a par with U.S. peers would mean FCA no longer needed a partner to survive and could well succeed on its own. The CEO has previously said tying up with another carmaker would help to meet the huge costs in an industry investing in electric vehicles and automated driving. FCA shares fell immediately after the results, but recovered to trade up 3 percent at 19.71 euros by 1150 GMT, outperforming a 0.4 percent rise in Europe's blue-chip stock index. ($1 = 0.8214 euros) Reporting by Agnieszka FlakRelated Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

One-of-four carbon fiber-bodied Dodge Challenger Demon listed for sale

Exclusivity often comes at a high price; in this case, it's $169,995. That's how much Texas exotic car dealer BJ Motors is asking for one of the four carbon fiber-bodied Dodge Challenger Demons built by Speedkore. Many enthusiasts would balk at the idea of spending Audi R8 money on a Demon, but this example isn't your average Challenger. Unveiled at the 2017 SEMA show, and upgraded with 1,400 horsepower the following year, the model ditches the standard coupe's metal body panels for carbon fiber parts to lose about 200 pounds. The example offered for sale has six miles on the odometer so odds are no one has verified its quarter-mile time. The dealer noted the Demon in its inventory is the fourth and final carbon fiber-bodied example built. It's fitted with the stock engine, meaning power comes from a supercharged, 6.2-liter V8 engine that delivers 840 horsepower and 770 pound-feet of torque when burning 100-octane race gas, or 808 horsepower and 717 pound-feet of torque when slurping pump gas. It pops a 2.9-foot wheelie as it screams to 60 mph in 2.3 seconds. The person who ordered this Demon new ticked nearly every box on the list of options. It's equipped with heated and cooled front seats, an 18-speaker sound system, plus two-tone leather and Alcantara upholstery. However, as AllPar pointed out, the dealer makes no mention of the Demon Crate, which included skinny front tires, a block-off plate for the passenger-side door mirror, and a conical air filter, among other go-fast goodies. While spending $170,000 on a Dodge Challenger sounds utterly insane, we wouldn't be surprised if this rare example in like-new condition finds a new home quicker than the Demon goes down a drag strip. Dodge made 3,300 units and stock, metal-bodied examples with delivery mileage sold for an average of $143,000 in 2018, according to Hagerty. AllPar learned Speedkore charged $90,000 for the carbon fiber conversion. The equation tilts in favor of the buyer, which suggests the car's next owner may be more of an investor than an enthusiast. If you're more into classics, Speedkore also gave a 1970 Charger the carbon fiber treatment and rounded out the modifications with a 996-horsepower Demon crate engine. Alternatively, if you have a family to haul, the company made a carbon fiber-bodied Charger with 1,525 horsepower at the crank when running 26 pounds of boost. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences.