Charger Police Interceptor Hemi Spotlight 2010 Dodge Charger Decommissioned 64k on 2040-cars

Auto blog

Stellantis will enter joint venture with Samsung SDI for EV batteries

SEOUL — South Korean battery maker Samsung SDI Co Ltd and global automaker Stellantis NV have agreed to jointly produce electric vehicle (EV) batteries for the North American market, a person familiar with the matter said on Tuesday. Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics, already has EV battery plants in South Korea, China and Hungary, which supply customers such as BMW and Ford. "The two companies (Samsung SDI and Stellantis) have struck a MOU (memorandum of understanding) to produce EV batteries for North America," the person with knowledge of the matter told Reuters. The source spoke of condition of anonymity because of the sensitivity of the matter. The person said the location of the battery joint venture is under review and will be announced later. In July, Reuters reported that Samsung SDI may build a battery plant in the United States, citing a company source. South Korea's Yonhap news agency earlier reported the two companies plan to build a factory in the United States, citing industry sources. Samsung SDI and Stellantis did not have immediate comment when reached by Reuters. Stellantis on Monday struck a preliminary deal with battery maker South Korea's LG Energy Solution (LGES) to produce battery cells and modules for North America. Shares of Samsung SDI were up 2.6% as of 0300 GMT, versus a 0.6% rise in the KOSPI benchmark index. Related video: Green Alfa Romeo Chrysler Dodge Ferrari Fiat Jeep Maserati RAM Citroen Lancia Opel Peugeot Vauxhall

Weekly Recap: FCA hit with record fine as NHTSA crackdown continues

The National Highway Traffic Safety Administration slapped Fiat Chrysler Automobiles with a record fine this week that could reach $105 million. The punishment comes after NHTSA found problems with the automaker's execution of 23 recalls that affect more than 11 million vehicles. The consent agreement, announced Sunday, calls for FCA to pay a $70-million cash fine and requires the company to spend at least $20 million over a three-year period on industry outreach programs and to beef up old recall campaigns. Failure to comply will result in another $15-million fine. FCA also agreed to federal oversight, which includes an independent monitor to oversee the company's recalls. The $70-million cash fine equals a penalty NHTSA levied on Honda in January. "Fiat Chrysler's pattern of poor performance put millions of its customers and the driving public at risk," NHTSA administrator Mark Rosekind said in a statement. "This action will provide relief to owners of defective vehicles, will help improve recall performance throughout the auto industry, and gives Fiat Chrysler the opportunity to embrace a proactive safety culture." FCA called the deal a "consensual resolution," but admitted that it "failed to timely provide an effective remedy" during certain recalls. "We are intent on rebuilding our relationship with NHTSA and we embrace the role of public safety advocate," the company said in a statement. The announcement kicked off a busy week for the automaker. NHTSA agreed FCA did not need to recall 4.7 million vehicles after an investigation failed to find defects with a power module used in some Jeep, Dodge, and Ram vehicles. A Georgia judge also reduced a civil verdict involving a death in a Jeep Grand Cherokee crash. Amid all of that, the company reported net profit of about 333 million euros, or $364 million in the second quarter on Thursday. OTHER NEWS & NOTES FCA ramps up Hellcat production Despite a decidedly legal and financial week for FCA, there was still time for the performance side of the business to briefly grab the spotlight. The automaker is more than doubling its production of the Dodge Challenger and Charger SRT Hellcats in response to strong demand. The order bank opens the second week of August and production begins in September. FCA will finish up its scheduled 2015 model-year Hellcat builds, and cancel any "unscheduled" versions, though customers will get discounted pricing for 2016.

No wing, no Hemi. This Dodge Charger Daytona is two-tone and tufted

In between the Dodge Charger Daytona's 1969 debut as a wild, winged NASCAR warrior and the current 2020 Charger SRT Hellcat Widebody Daytona 50th Anniversary Edition with its monster 717-hp Hemi V8, the nameplate had some ... less-glorious years. The nameplate first resurfaced in 1975, when the Charger moved into the "personal luxury" space as a riff on the Chrysler Cordoba. This 1975 Charger Daytona might not be the model's heyday, but damn if this clean machine, surfaced by Barnfinds.com, isn't striking in its own Me Decade kind of way. And this low-miles example is on offer right now on eBay motors. Outside, this dynamic Dodge sports two-tone silver and blue paint, alloy wheels with white-letter tires, and a power sunroof. Inside, we find high-backed split-bench seats with button-tufted vinyl (no "rich Corinthian leather" here). Raising the miles-long hood reveals a 400-cubic-inch, 4-bbl V8, which for 1975 packed 190 horsepower. A far cry from today's 717 horses, perhaps, but still an upgrade over the Charger's standard 360-cubic-inch V8. It may not be the car that pops immediately to mind when someone says, "Charger Daytona," but with less than 12,000 miles showing, this mid-Seventies example is a time warp to a lesser-known era for the marque.   Featured Gallery 1975 Dodge Charger Daytona Dodge Coupe Classics