1998 Dodge Viper Gts Hennessey Venom 650r 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.

Cars.com runs 11-second quarter with Dodge Charger Hellcat

The Dodge Charger SRT Hellcat and its Challenger sibling are two of the heroes of the modern performance world. With a headline-grabbing 707 horsepower from a supercharged 6.2-liter V8, their output even shames many supercars. But how quick can one really cover a quarter mile? Cars.com recently decided to find out by taking a Charger Hellcat to the drag strip to see if the sedan lived up to Dodge's 11-second claims. The results were quite impressive. After 13 quarter-mile runs of adjusting variables like the tire pressures and the car's various electronic aids, the Charger Hellcat managed a pass in 11.03 seconds at 126.61 mph – the pinnacle result of the day. This car was mechanically stock and wore the optional Pirelli P Zero tires. According to Cars.com, other quick sprints reached 11.09 seconds and 11.1 seconds, which even beat the site's 11.41-second best from a Challenger Hellcat last year. Getting the Hellcat's prodigious power down without losing traction was a challenge, even on the summer tires. Cars.com thought it had a run that could have dropped below 11 seconds, but then the wheels spun. Using the factory-recommended pressures, the Charger Hellcat was no still slouch with an 11.27-second time recorded, but taking things down to 25 psi proved the quickest at the strip. We already knew that the Charger Hellcat was a wonderful vehicle for eating up huge gulps of asphalt at high speeds and could verify its 204-mile-per-hour top speed (quite a bit faster, incidentally, than the Ferrari California T's 196 mph top-speed). Apparently, the 11-second quarter-mile claim is just as accurate. Also, for any curious owners, the Cars.com story divulges many of the tweaks required to reach this seriously quick time. Related Video:

Dodge brings Charger Widebody 'concept' to Spring Fest

Last week we asked if an Instagram user had really seen a Dodge Charger Widebody cruising suburban Detroit. The answer is yes, he had. Dodge brought its Charger Widebody concept to Spring Fest 14, a celebration of everything built on Chrysler's LX platform. Note the use of the word "concept," and a Fiat Chrysler spokesperson telling journos, "We are taking a Charger design concept to Spring Fest to gauge feedback from the huge Dodge Charger, Challenger, and Chrysler 300 enthusiast base that attends the California event each year." Mark Trostle, head of design for Dodge and SRT, shared a few snaps of the Charger Widebody to Instagram. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Now ignore the word "concept." Of course a thing isn't done until it's done, but two years ago a thread on Charger Forums mused on a Photoshop of the sedan as a widebody. User ResumeSpeed chimed in to say, "Rear is not accurate as it's being revised. 2020 model year. Two Charger WB models: Hellcat and 392 Scat Pack." Fast forward to February of this year when Mopar Insider said its sources confirmed a thick-hipped Charger R/T Scat Pack and Hellcat with "drastically different looking front and rear fascias." Then, earlier this month, Allpar received a slide from what looks like an internal Dodge presentation explaining the "2020 Dodge Charger Hellcat Wide Body." The sedan in the slide looks almost exactly like the "concept." And now this. They even designed it with the Dodge Durango SRT grille treatment, which seems like a logical part of that 2020 revision. Giving the Charger a nip and tuck, a little more tire, and a $6,000 surcharge similar to the Challenger Widebody makes too much sense to merely toy with and then file away. Check out this video for a complete walkaround, and stay tuned.