1992 Dodge Ram Van B250 on 2040-cars

Auto blog

Stellantis won't race to split electric vehicles from fossil fuel cars

MILAN - Stellantis is not considering splitting its electric vehicle (EV) business from its legacy combustion engine operation, its finance chief said on Thursday, as the carmaker presented above-expectation revenue data for the first quarter. Chief Financial Officer Richard Palmer told analysts he did not see huge benefits in the kind of separations pursued by rivals such as France's Renault and U.S. Ford. "We need to manage the company and the assets we have through this transition," he said. "There are benefits to having the cash flow being generated by the internal combustion business for the investments we need to make." Palmer said the group, formed by a merger last year of Fiat Chrysler and Peugeot maker PSA, was not averse to considering adjusting its structure "but we aren't anticipating any big changes." Palmer's comments came after the world's fourth largest carmaker said its net revenue rose 12% to 41.5 billion euros ($44.1 billion) in the January-March period, as strong pricing and the type of vehicles sold helped offset the impact of the semiconductor shortage on volumes. That topped analyst expectations of 36.9 billion euros, according to a Reuters poll. Milan-listed shares were up 0.5% by 1415 GMT, in line with Italy's blue-chip index. The impact of the chip crunch was evident in the decline in shipment figures which fell 12% in the quarter to 1.374 million vehicles. It was a similar story for Germany's BMW which posted higher revenues on Thursday and a decline in car sales. Riding the Recovery Stellantis, whose brands also include Citroen, Jeep and Maserati, confirmed its 2022 forecasts for a double-digit adjusted operating income margin, after 11.8% last year, and a positive cash-flow despite supply and inflationary headwinds. Morgan Stanley analysts said after the results that Stellantis had better management than many peers and benefited from its significant exposure to a stronger U.S. economy and a European recovery from the COVID-19 pandemic. They also said it was less affected by a slowing Chinese economy. Palmer said it was important for the group to maintain double-digit margins and keep delivering positive cash flows. "A 12% increase in revenue with a 12% decrease in volumes indicates a very strong performance on price and mix, which augurs well for our margin performance," he said. He said semiconductor supply problems were expected to ease this year with continued improvements in 2023.

2020 Dodge Charger R/T and Scat Pack get Daytona Edition Packages

Dodge announced the Charger SRT Hellcat Widebody Daytona 50th Anniversary Edition late last year, limited to 501 examples, one of which has already gone to that big NASCAR infield in the sky. For the rest of the Daytona fandom, Mopar Insiders says Dodge has just opened the order books for the Daytona Edition Package available on the standard Charger R/T and Scat Pack. When optioned with the package, both trims get a Mopar cold air intake under the hood, a black spoiler, and a satin black Daytona graphic across the rear decklid and fenders. Both sedans also upgrade their side mirrors to automatically adjust downward when the transmission is put in reverse, plus an automatically-dimming driver's side mirror. Inside, they share power driver's and passenger's seats in Nappa leather and Alcantara with the Daytona logo, heated seats front and rear, a premium-stitched dash panel with gloss black instrument cluster rings, and a power tilt and telescoping steering wheel. Additional upper and lower LED lighting in the front of the cabin, plus illuminated rear cupholders, memory functions for the driver's seat, radio, and outside mirrors, and black-edge premium floor mats complete the interior changes.  The Charger R/T sits on 20 x 9-inch Lights Out painted wheels, and installs a heated steering wheel and security alarm. The Charger Scat Pack sits on 20 x 9.5-inch forged and painted aluminum wheels, and affixes more satin black decals on the roof and the hood on top of a Daytona badge on the grille. The mirrors are luxxed up further than on the R/T, being powered and heated as well as fold-away, and including a blind-spot warning. Inside the Scat Pack, a Daytona badge on the instrument panel mixes with Carbonite accents throughout the interior.  The Daytona Edition Package can be ordered in any of the 12-strong color palette, including Frostbite (pictured), Hellraisin, and Sinamon Stick that are new for 2020. The kit adds $3,495 to the prices of both cars, so before any other options, the 2020 Charger R/T Daytona comes to $41,385 after destination, the 2020 Charger Scat Pack Daytona comes to $44,985. Related Video:

Dodge Challenger SRT Demon TransBrake eliminates the need for brake torquing

Performing the perfect launch is key to drag racing. In order to get consistent starts, the engineers behind the Dodge Demon developed TransBrake, a system that holds the output shaft of the automatic transmission to keep the vehicle stationary until launch. Rather than the traditional method of two-foot brake torquing, the system is triggered by pulling the shift paddle for quick and consistent launches. According to Dodge, the main benefit of TransBrake versus a two-foot setup is a quicker power delivery and higher engine launch torque potential. The system gives brake-free launches up to 2,350 RPM, a 105-percent increase in launch boost pressures, and a 120-percent increase in engine launch torque. Dodge also claims that using the paddle provides a 30-percent better reaction when compared to using your feet. In addition to shifting duties from your feet to your hands, the Demon's TransBrake will preload the driveline. Torque is loaded at the wheels, not the transmission. That means full torque delivery 150 milliseconds after the shift paddle is released. It should also help reduce the driveline shock that occurs when those 315 section rear tires get near-instant grip. The reveal is coming near. Continue checking out Autoblog and ifyouknowyouknow.com every Thursday until the New York Auto Show. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. New York Auto Show Dodge Coupe Performance drag racing dodge demon dodge hellcat drag strip