1977 D 100 Dodge Truck on 2040-cars

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Auto Mergers and Acquisitions: Suicide or salvation?

We love the Moses figure. A savior riding in from stage right with the ideas, the smarts, and the scrappiness to put things right. Alan Mullaly. Carroll Shelby. Lee Iacocca. Andrew Carnegie. Steve Jobs. Elon Musk. Bart Simpson. Sergio Marchionne does not likely view himself with Moses-like optics, but the CEO of Fiat Chrysler Automobiles recently gave a remarkable, perhaps prophetic interview with Automotive News about his interest and the inevitability of merging with a potential automotive partner like General Motors. Marchionne has been overtly public about his notion that GM must merge with FCA. For a bit of context, GM sold 9.9 million vehicles in 2014, posting $2.8 billion in net income, while FCA sold 4.75 million units and earned $2.4 billion in net income, painting a very rosy FCA earnings-to-sales picture. But that's not the entire picture. Most people in the auto industry still remember the trainwreck that was the DaimlerChrysler "merger" written in what turned out to be sand in 1998. It proved to be a master class in how not to fuse two companies, two cultures, two continents, and two management teams. Oh, it worked for the two individuals at both helms pre-merger. They got silly rich. And the industry itself was in a misty romance at the time with mergers and acquisitions. BMW bought Rolls-Royce. Volkswagen Group bought Bentley, Bugatti, and Lamborghini, putting all three brands into their rightful place in both products and positioning. No marriages there, so no false pretense. Finally, Nissan and Renault got married in 1999. A successful marriage requires several rare elements in this atmosphere of gas fumes and power lust. But a successful marriage requires several rare elements in this atmosphere of gas fumes and power lust, the principle part being honesty. Daimler and Chrysler lied to each other. The heads of each unit, the product planners, and finance all presented their then-current and long-range forecasts to each other with less-than-forthright accuracy. Daimler was the far greater equal and no one from the Chrysler side enjoyed that. The cultures were entirely different, too, and little was done to bridge that gap. Which brings me back to the present overtures by Marchionne to GM. "There are varying degrees of hugs," Marchionne stated in the Automotive News piece. "I can hug you nicely, I can hug you tightly, I can hug you like a bear, I can really hug you." Seriously?

Dodge says three new variants of the Charger and Challenger are on their way

Introduced in 2008, the current Dodge Challenger is one of the oldest new cars on the American market. It's not ready to retire, and documents published by Canadian union Unifor confirm it will remain in production until at least 2023. Better yet, the company announced it will release several new versions of the car in the coming years. Fiat-Chrysler Automobiles (FCA) narrowly avoided a costly strike by signing a new three-year agreement with Unifor, the union that represents most of its Canadian workers. It pledged to inject $1.58 billion Canadian (about $1.2 billion U.S.) into its local operations while creating 2,000 new jobs in the nation. Some of that money will be allocated to the Brampton Assembly factory located on the outskirts of Toronto, where it will be used to build three new variants of Dodge's Charger and Challenger models. Details about what the company has in store weren't included in the release, but Dodge has shown it's capable of mustering an unusually high level of creativity when it comes to keeping the Challenger and the Charger fresh. Hellcat, Demon, T/A 392, and Super Stock models have joined the range in recent years, and its efforts have paid off, as 60,997 units of the Challenger were sold in the United States in 2019. It even outsold the Camaro and the Mustang during the third quarter of the year. Annual Charger sales jumped by 21% to 96,935 units in 2019. With that said, Dodge's definition of a new variant is murky. It could be alluding to a trim level, an option package, a limited-edition model, or a face-lifted version. Regardless, we're betting they'll be exceptionally powerful. Chrysler will continue to build the 300 in Brampton through 2023, too, but there's no word on what the future has in store for the sedan. It's also relatively old, but it's not faring nearly as well as its Dodge-badged siblings. Sales fell to 29,213 units in 2019, a 37% drop compared to 2018, and the lineup was pared down for 2021. Moving west, the Windsor factory will be retooled to build plug-in hybrid and electric vehicles, and it will be assigned at least one new model, but FCA didn't reveal what it will be, or when we'll see it. Industry whisperings claim that's where the production version of the CES-friendly Chrysler Portal concept will be built.

2021 Dodge Durango SRT Hellcat is here to be the king of all SUVs

This was inevitable, right? The 2021 Dodge Durango SRT Hellcat has arrived, and Dodge hasn’t held anything back. FCA has essentially taken its lovely Hellcat engine and dumped it into the largest SUV it sells. Cheers to that. Power from the 6.2-liter supercharged V8 is rated at 710 horses and 645 pound-feet of torque in this application. It has 3 extra ponies beyond the traditional 707-horsepower version, and thatÂ’s probably just so Dodge can call it the most powerful SUV in the world, eking by the Jeep Grand Cherokee Trackhawk that has 707. The Durango Hellcat will crack off a 3.5-second 0-60 mph time and hit a top speed of 180 mph, assuming youÂ’re brave enough to take it there. The 0-60-mph time is 0.9 second quicker than a non-supercharged Durango SRT. Dodge pitted the two against each other on a 2.1-mile road course, and the Hellcat completed the lap 1.5 seconds quicker than the base SRT. All the shifting continues to be handled by an eight-speed automatic transmission. Of course, Dodge is also giving the Durango SRT Hellcat more braking and more suspension to handle the extra power. The upgraded suspension is tuned to be more comfortable in Auto mode and offer better handling in Track mode with less roll, less understeer and better rebound control. This is thanks to newly tuned shocks and stiffer top damper mounts. The brakes are upgraded to massive Brembo six-piston calipers in front and four-piston calipers in the rear. They clamp onto vented rotors at all four corners (15.75 inches in front and 13.8 inches in rear). Tires are 295-square, which is the same size as the regular SRT. You can choose between all-season or summer Pirelli tires. 2021 Dodge Durango SRT Hellcat View 17 Photos SRT says it tailored the Hellcat engine to the Durango to make sure it could handle sustained track use. It has a unique cooling circuit for the charge air coolers thatÂ’s designed to keep air going to the engine cooler than 140 degrees. The lower front fascia hides a “cold-air scoop” where the Durango pulls air in from. ItÂ’s all spit out through a new exhaust system thatÂ’s definitely going to be loud as hell. Dodge says it features a 260 mm X-pipe, which is the largest in the SRT lineup. From a styling standpoint, the Hellcat stands out from its brethren without looking too ostentatious.