2012 Jeep Patriot on 2040-cars

Auto blog

Dirt Every Day tries to find the best 4x4 for under $4k

If you want to build a cheap truck that can still do dirty deeds off the beaten path, it's best to start with solid axles and a solid V8 engine. That sums up the lessons learned after watching the 2014 Cheap Truck Challenge from the Dirt Every Day video crew, who took to the deserts and surrounding areas near Reno, NV, in an attempt to find the best 4x4 for under $4,000. Fortunately for us, the whole sordid journey was captured on video.
This isn't the first time the boys from DED filmed a Cheap Truck Challenge, and this year's festivities pitted together a 1993 Chevy S10 pickup, a 1995 Jeep Grand Cherokee and a 1975 International truck in a series of challenges ranging from donuts to drag races, with plenty of hill-climbing and rock-crawling action in between. We don't want to spoil all the fun, but suffice it to say one competitor was found to be lacking while the other two performed (mostly) well. See for yourself in the video above.

JL Jeep Wrangler experiencing death wobble, NHTSA checking into it

The redesigned 2018 JL Jeep Wrangler is selling remarkably well, but it looks like it's still susceptible to age-old Jeep solid front axle vehicle issues. Recently, the NHTSA has received 11 JL Wrangler-specific complaints for a problem referred to as "death wobble" in the Jeep community. It's currently looking into the complaints to see if further action is necessary. Death wobble is a term used predominantly by Jeep and specifically Wrangler owners to describe a violent steering wheel oscillation, typically caused by hitting some form of bump or pothole at higher speeds. For it to occur, there has to be something loose or damaged within the front steering or suspension system. The death wobble gets its name, because the vibrations through the steering wheel are far more frightening than any kind of a wheel imbalance problem. However, using the word "death" would be a misnomer as well, because there are no reported deaths due to the issue over decades of Jeeps experiencing the issue. A little over a month ago, FCA decided it needed to recall 18,000 JL Wranglers because of a faulty weld around where the track bar is welded to the frame. As of now, there's no evidence linking this faulty weld with death wobble (an FCA spokesperson told us as much), but one of the most common causes of death wobble is a track bar issue. If a bad track bar weld is your problem, you're in far worse shape than any death wobble, because you'll end up with a complete loss of steering. We asked Jeep about death wobble and a company spokesperson said that it "is not a widespread condition, nor is it a safety issue." FCA also said most of the incidents are linked to poorly installed suspension modifications, such as a lift-kit. However, the most current complaints for JL Wranglers describe unmodified and recently purchased vehicles. This means some vehicles still experience the issue despite being stock Wranglers. For now, if you experience the death wobble in your new Jeep, it's best to slow down immediately in a safe place. Most are taken by surprise by the sudden oscillations from the wheel, but you should still be able to control the car. FCA says that even if you do experience the issue, it is routinely corrected on its own. We'll keep tabs on this, and update if there are any developments. 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.