2006 Dodge Sprinter 2500 Cargo Van on 2040-cars

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China's Geely says it has no plan to buy Fiat Chrysler — as FCA stock leaps

HONG KONG — Chinese carmaker Geely Automobile denied media speculation on Wednesday that it planned to make a takeover bid for Fiat Chryslerk Automobiles (FCA), the world's seventh-largest automaker. Geely was one of several Chinese carmakers cited in by Automotive News, which said representatives of "a well-known Chinese automaker" had made an offer this month for FCA, which has a market value of almost $20 billion. "We don't have such a plan at the moment," Geely executive director Gui Shengyue told reporters at an earnings briefing, when asked if Geely was interested in Fiat. He said a foreign acquisition would be complicated, but he did not elaborate. "But for other (Chinese) brands, it could be a fast track for their development," Gui added. However, a source close to the matter said FCA and Geely Automobile's parent firm, Zhejiang Geely Holding Group, had held initial talks late last year, without disclosing their nature. The source confirmed Geely was no longer interested in FCA, noting that the parent company had only three months ago announced its first push into Southeast Asia with the purchase of 49.9 percent of struggling Malaysian carmaker Proton, a deal that also included a stake in Lotus. Geel's denial failed to dent FCA's stock. The price of its Milan-based shares has jumped more than 10 percent to a 19-year high since Automotive News first reported on Monday, citing unnamed sources, that FCA had rejected the Chinese offer as too low. FCA stock on the New York Stock Exchange rose sharply on Monday from $11.60 to $12.38 and on Wednesday was trading at $12.84. FCA declined to comment on Wednesday. FCA Chief Executive Sergio Marchionne has repeatedly called for mergers as a way of sharing the costs of making cleaner, more advanced cars, but he has repeatedly failed to find a partner and retreated from his search for in April, saying FCA would stick to its business plan. He has also spoken of spinning the successful Jeep and Ram divisions off from FCA. Europe's largest carmaker, Volkswagen, and General Motors have both said they are not interested in talks with FCA. On Wednesday, Geely Automobile reported a doubling of first-half profit, above expectations, as cars designed with Sweden's Volvo won over domestic consumers. Volvo is a unit of the Zhejiang Geely group, and has recently announced it will share its technology with Geely.

Junkyard Gem: 1976 Dodge D100, United States Army Edition

Members of the United States military have been driving Dodge trucks since the Army bought its first Dodge Brothers ambulance in 1917, and plenty of third-generation D-series pickups ended up in Army service during the mid-1970s. Most of these were 3/4-ton W200s and D200s (designated as M880s), but today's Junkyard Gem is a 1/2-ton D100 CARGO PICKUP W/CAB, found in a Denver self-service wrecking yard. Eventually, the Army auctions off old vehicles, and that happened to this battered D100 Custom at some point. This truck appears to have started life with Navy gray paint, which was painted over in Army-grade olive drab. Perhaps there was some vehicle-shuffling done by the Pentagon. The most recent layer of stickers shows that this truck's final military job was for the U.S. Army Recruiting Command. Power came from the legendary Chrysler Slant-6, in this case the 225-cubic-inch version rated at 105 horsepower. Like most fleet vehicles of the last 50 or so years, it has an automatic transmission. You couldn't expect every soldier to be able to work a three-pedal truck, not even way back in 1976. The Rust Monster has taken a few bites out of this truck, enough that its resale value converged with the current price of scrap vehicles. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Better price, mileage and payload than Ford or Chevy!

Star Wars Stormtrooper Dodge Charger Beauty-Roll

For those of you paying attention, we've really ramped up the old Autoblog video game these days. Our new series Car Club USA joins Translogic and The List, and there are more Daily Drivers and Short Cuts than ever. But sometimes, all you care about is the car. The Autoblog Beauty-Roll video series has one goal: bring you glossy video images of cars, and nothing but. We're collecting moving pictures of all the cars we test, inside and out. Each episode comes with a hit of engine sound – start-up and with a few revs – to round out the package. Set your resolution to max, kick it into full-screen, turn up the sound, and enjoy today's subject, the Stormtrooper Dodge Charger R/T Scat Pack. Oh, and if you'd like more Beauty-Roll, click here to see the back catalog.