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Jeep Gladiator high-speed off-roader reportedly in development

Before the 2020 Jeep Gladiator was revealed, it seemed like there was a never-ending flow of tidbits leaking out about the truck. Now it's out, and while the flow has slowed, there are still interesting reports floating about. The latest comes from Jeep Gladiator Forum, which cites an anonymous inside source as saying there's a high-performance version of the pickup coming designed for fast off-roading similar to a Ford F-150 Raptor or Chevy Colorado ZR2. We reached out to Jeep regarding the possible truck, and a representative said the company had no comment. That's certainly exciting news if it turns out to be correct, but there are reasons not to get your hopes up just yet. The forum reports that the truck is in the early stages of development, and it's still being decided whether there's enough of a market for it. From our perspective, such a model is neither a dead end nor a shoo-in. Certainly there are people willing to buy fast off-roaders, as the aforementioned Raptor and ZR2 have shown. Also, Jeep has proven that people are willing to spend a lot on Wranglers, both from the factory and on aftermarket parts, so an even more expensive model wouldn't necessarily put people off. So those are two important points in favor of a fast Gladiator. Points against a fast Gladiator start with the existing Gladiator Rubicon. While it isn't necessarily designed for bashing dunes, it does come with a huge amount of trail-ready equipment already. It has differential locks and anti-roll bar disconnects, big tires and burly shocks. On slower trails, it may already be as capable as the Colorado ZR2, which would be the closest competitor to the hypothetical high-po Gladiator. And since the Gladiator Rubicon will be available with comparable engines to the ZR2, would something more potent be necessary? It would seem that to further differentiate, the Gladiator might need more power. That's certainly possible by way of a V8 transplant, but that would mean a lot of money spent on getting the engine to fit, making it reliable, getting it emissions compliant, and ensuring the drivetrain is strong enough. All those costs would make it harder to get approved. We may sound a bit pessimistic, but don't get us wrong, we would be excited to see a high-speed Gladiator, or any other Jeep for that matter. But we also want to be realistic, and there are certainly some significant hurdles to bringing such a truck to market. Related Video:

Stellantis moves to set up its own lending unit

Stellantis is buying Houston-based auto lender First Investors Financial Services Group to set up its own finance arm in the U.S., a move that should support sales and eventually boost profit. The only major traditional automaker in the U.S. without its own finance company agreed to pay $285 million to a group of investors led by Gallatin Point Capital and Jacobs Asset Management, according to a statement. The transaction is expected to close by year-end. Stellantis was formed via the merger between Fiat Chrysler and PSA Group early this year. Carlos Tavares, the PSA boss who became the combined company’s chief executive officer, called the deal to acquire First Investors a milestone that will increase earnings and enhance customer loyalty. “Direct ownership of a finance company in the U.S. is a white-space opportunity which will allow Stellantis to provide our customers and dealers a complete range of financing options,” Tavares said Wednesday in the statement.  Having an in-house finance company has helped rivals General Motors Co. and Ford Motor Co. pad profits, especially during the global semiconductor shortage that has limited production and crimped sales. GM bought subprime lender AmeriCredit Corp. in 2010 and renamed it GM Financial. The operation generated a $2.76 billion profit in the first half -- roughly a third of the companyÂ’s adjusted earnings before interest and taxes. Trouble for Santander? The First Investors acquisition could spell trouble for Chrysler Capital, the operation that Santander Consumer USA Holdings Inc. and Chrysler set up in 2013 before the U.S. automaker completed its merger with Fiat. In a statement, Santander Consumer said itÂ’s committed to supporting Stellantis through the term of their existing agreement and its transition. Santander Consumer will also have “ongoing conversations with Stellantis about long-term mutually beneficial opportunities beyond 2023,” the company said, adding that its consumer business remains strong and has “delivered solid results for our shareholders.” This, along with support from its parent company, will allow the lender to “pursue additional opportunities as they arise.” The lenderÂ’s U.S.-listed stock fell 1.5% in New York trading Wednesday after Bloomberg reported Stellantis was preparing to announce a new finance partner. Stellantis shares rose as much as 1.3% in Paris trading Thursday.

EU finds Jeep Grand Cherokee and Suzuki Vitara break emissions rules

AMSTERDAM — Fiat Chrysler's Jeep Grand Cherokee and Suzuki's Vitara diesel models both break emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority ruled on Thursday. The RDW authority, acting as the reference regulator for across the European Union, said Jeep had developed a software fix and that the authority had ordered the company to recall the model across Europe to roll it out. It added Suzuki had yet to find a credible solution for the Vitara. "Suzuki must come with adequate improvement measures or the RDW will begin the process of revoking its European type approval," the RDW said in a statement, adding it had also started the process of revoking approval for the Jeep Grand Cherokee as a "precautionary measure." Regulators across the world have been testing diesel models since Volkswagen admitted in 2015 that it used illegal software to cheat U.S. emissions tests. The RDW said it had found both the Jeep Grand Cherokee and Vitara had used "prohibited emissions strategies" that led them to emit higher levels of harmful nitrogen oxide (NOx) on the road than under testing conditions. Dutch State Secretary for Infrastructure, Stientje van Veldhoven, said in a letter to parliament she would inform prosecutors of the RDW's findings. Fiat Chrysler and Suzuki could not immediately be reached for comment. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.