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FCA Recalls Jeep in Wake of Wireless Hack | Autoblog Minute

Carjacking has gone wireless, as automakers and Congress scramble for a solution. Adam Morath reports on this edition of Autoblog Minute.

Fiat Chrysler posts record Q3 profit thanks to U.S. trucks and Jeep

MILAN — A rebound in car production in Fiat Chrysler on Wednesday reported record third-quarter earnings as production returned to nearly pre-pandemic levels. The Italian-American automaker, which is finalizing its full merger with French rival PSA Peugeot, reported a net profit in the three months ending Sept. 30 of $1.4 billion (1.2 billion euros). That compares with a loss of 179 million euros a year earlier. The carmaker reported adjusted earnings before tax and interest in North America of 2.5 billion euros. That offset deepening losses in Europe, Asia and at its Maserati luxury marquee. Latin America, the only other region to post a profit, saw it narrow by two-thirds to 46 million euros. “Our record results were driven by our teamÂ’s tremendous performance in North America,” CEO Mike Manley said in a statement. Overall, the carmaker said global earnings before tax and interest were a record 2.3 billion euros despite a 6% fall in revenues to 26 billion euros. Global shipments were down 3%, due largely to plant retooling in North American to produce the new Jeep Grand Wagoneer in the luxury SUV segment and the discontinuation of the Dodge Grand Caravan classic minivan. Fiat Chrysler announced earlier Wednesday that its merger with PSA Peugeot is on track to be finalized by the end of the first quarter of 2021, as planned. To meet regulatory concerns, the French carmaker is selling a small stake in a components maker to get below 40% ownership. The new automaker, to be called Stellantis, will be the fourth biggest producer in the world. Earnings/Financials Chrysler Dodge Fiat Jeep RAM Citroen Peugeot

Jeep Renegade pricing to start at $18,595?

While there's no shortage of excitement surrounding the new Jeep Renegade, one of the limiting factors to the little trucklet will be its price. With the Kia Soul starting at $14,900 and the Nissan Juke kicking off at $18,990, the Renegade can't afford to stray away from that price bracket.
And judging by some potentially leaked pricing info, it won't. A quick Google search of "Jeep Renegade Price" reveals (at least for now) that the Italian-built Jeep will start at $18,595. The "as shown" price of $25,895 seems to indicate the Trailhawk model shown on Jeep's consumer page.
If the $18,595 figure is correct, it's likely for the base, two-wheel-drive Sport model, with the Latitude and Limited trims falling somewhere between there and the $25,895 as-equipped price of the Trailhawk.