2011 Dodge Avenger Express on 2040-cars

Auto blog

Armormax loads a bulletproof Dodge Hellcat AWD Police Special

Earlier, we wrote about the Armormax armored Tesla Model S P100D, which International Armoring Corporation called the fastest armored car in the world. As the company also outfits cars such as Dodge Chargers, it's only logical that the showcase car is a SRT Hellcat — but the interesting thing is that the company can also upgrade the Hellcat to all-wheel drive, as Armormax told Motor Authority. When ordering an armored Charger SRT Hellcat, the AWD implementation is just a matter of ticking the corresponding box. The Armormax Charger SRT Hellcat seen here is also outfitted with police patrol car gear, complete with a push bar, run-flat tires, ballistic bulletproof glass and a mean matte black wrap. Even if the 6.2-liter, supercharged Hellcat powertrain probably has no problem hauling an armored bodyshell around, it's likely that the company has used the same synthetic fiber laminate on the Charger as on the Tesla. The bulletproof Tesla's weight gain was a negligible 11 percent, and while the Charger is a lighter car to begin with, avoiding using regular-issue ballistic steel seems to be the way to go if you want to keep the curb weight in check. The Hellcat's battery, radiator, fuel tank and ECU also get their share of protective covering, so that the vehicle is harder to disable. Paneling is available in ballistic protection levels ranging from B4 (can withstand a .30-caliber lead-core softpoint bullet) to B7 (can withstand a 9mm full-copper jacket). And while pricing isn't announced, it is likely to depend on how much protection is applied on the Hellcat and whether all four wheels are powered. A stock one is priced at $65,345. Related Video:

FCA's UAW workers to get $8,010 profit-sharing payout

UAW workers at FCA will soon be receiving $8,010 checks, which represent profit-sharing based on the company's 2020 performance. Although FCA's profit margins in 2020 were slimmer than the year prior, the union-employee payouts are slightly larger, due to a change in the formula that was negotiated in 2019 and has now gone into effect. Employees are now paid $900 for every 1% of profit margin FCA achieves in its North American operations. For 2020, the company enjoyed an 8.9% profit margin, and although that was down slightly from 9.1% in 2019, the checks are larger than last year's $7,280 payout. Still, FCA employees didn't fare quite as well as their counterparts at GM, who stand to receive profit-sharing checks of up to $9,000. GM workers did even better last year, netting $10,000. UAW workers at Ford had less to celebrate. They'll receive $3,525, based on the company's 2020 performance. That's a steep drop from last year's $6,600. FCA earned $6.472 billion in North America in 2020. The company is expecting an improved financial performance in 2021, as it's expected to avoid another coronavirus-related shutdown. It's also expected to benefit from the launch of the three-row Grand Cherokee L, as well as the Jeep Wagoneer and Grand Wagoneer, all of which are high-margin products. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

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.