1984 Jeep Cj7 Resto/mod Over $100,000 Spent on 2040-cars

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EV cost burden pushing automakers to their limits, says Stellantis' CEO Tavares

DETROIT — Stellantis CEO Carlos Tavares said external pressure on automakers to quickly shift to electric vehicles potentially threatens jobs and vehicle quality as producers struggle with EVs' higher costs. Governments and investors want car manufacturers to speed up the transition to electric vehicles, but the costs are "beyond the limits" of what the auto industry can sustain, Tavares said in an interview at the Reuters Next conference released Wednesday. "What has been decided is to impose on the automotive industry electrification that brings 50% additional costs against a conventional vehicle," he said. "There is no way we can transfer 50% of additional costs to the final consumer because most parts of the middle class will not be able to pay." Automakers could charge higher prices and sell fewer cars, or accept lower profit margins, Tavares said. Those paths both lead to cutbacks. Union leaders in Europe and North America have warned tens of thousands of jobs could be lost. Automakers need time for testing and ensuring that new technology will work, Tavares said. Pushing to speed that process up "is just going to be counter productive. It will lead to quality problems. It will lead to all sorts of problems," he said. Tavares said Stellantis is aiming to avoid cuts by boosting productivity at a pace far faster than industry norm. "Over the next five years we have to digest 10% productivity a year ... in an industry which is used to delivering 2 to 3% productivity" improvement, he said. "The future will tell us who is going to be able to digest this, and who will fail," Tavares said. "We are putting the industry on the limits." Electric vehicle costs are expected to fall, and analysts project that battery electric vehicles and combustion vehicles could reach cost parity during the second half of this decade. Like other automakers that earn profits from combustion vehicles, Stellantis is under pressure from both establishment automakers such as GM, Ford, VW and Hyundai, as well as start-ups such as Tesla and Rivian. The latter electric vehicle companies are far smaller in terms of vehicle sales and employment. But investors have given Tesla and Rivian higher market valuations than the owner of the highly profitable Jeep and Ram brands. That investor pressure is compounded by government policies aimed at cutting greenhouse gas emissions. The European Union, California and other jurisdictions have set goals to end sales of combustion vehicles by 2035.

Chrysler uses Super Bowl spots to honor troops, farmers

How do you follow up such revered and successful ads as Chrysler's last two Super Bowl commercials? Imported from Detroit and Halftime in America should be given credit for giving the automaker's public perception a complete overhaul after its rescue from the brink with taxpayer money. What next, then?
We just found out during Super Bowl XLVII. This year Chrysler went with two commercials, one for Jeep and the other Ram. The two-minute-long Jeep commercial, called Whole Again, is narrated by Oprah Winfrey and presented as an open letter to the service men and women of America, simply expressing admiration for what they do - poignant message coming from a company whose history is so entwined with that of the military's.
The Ram commercial, called Farmer, honors the agricultural backbone of this country. Its soundtrack is a speech entitled "So God Made a Farmer" given by the famous radio broadcaster Paul Harvey, which plays over a slideshow of original photography commissioned by Ram. The images, of course, focus on farming and the people who do it for a living, and there's a few Ram trucks in there, as well.

Jeep pickup truck apparently will be named Jeep Gladiator

For months we — we, meaning the automotive world in general — have been operating under the assumption that the Jeep pickup truck would be named Scrambler. For those of us who always thought that sounded like a breakfast at Denny's, vindication: According to Jeep Scrambler Forum — yes, they were so sure, they named themselves that — the truck will carry a different name: Jeep Gladiator. Gladiator, we salute you. Jeep Scrambler Forum says it'll roll with the changes: "Stay tuned as we'll be making the switch to JeepGladiatorForum.com in the coming days (smiley face, thumbs up)." The discovery came when a forum "longtime trusted source" found a web page with the new name that went up momentarily on FCA's media site. No sense looking for it, it's not there now. But here's the screen grab: Gladiator is not new. It was the name, way back in 2005, for the Jeep pickup concept: View 5 Photos Could this still be a mistake, and Scrambler will stick? It seems more likely that this is it. One thing's for sure: We're so close to finding out, we can almost taste it. The truck has been testing everywhere, from the Rubicon Trail to the streets of Detroit and Auburn Hills, where it's pretty easy to see a camouflaged example on most any morning commute. The wait is almost over: The wraps will come off later this month at the L.A. Auto Show. So what do you think of Gladiator? Let the movie quotes fly ... Related Video: