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Chrysler earns $1.7B in 2012, revises product plans for US

Hot on the heels of Ford's earnings announcement for the year that was, Chrysler today reported a 2012 net income of $1.7 billion, up substantially from the comparatively minuscule $183 million profit earned in 2011 when it repaid its US government loans.
Chrysler's good year ended with an excellent fourth quarter that saw net income rise 68 percent from $225 million in 2011 to $378 million. Where are all those extra earnings coming from? Market share, which Chrysler saw increase to 11.4% last year on sales of 1.65 million vehicles. In fact, the Auburn Hills, MI-based automaker out-paced the industry's market growth of 13 percent last year with sales up 21 percent for the year.
The company also revealed an updated product plan for its Chrysler Group and Fiat brands that looks all the way out to 2016. It's an updated version of the plan introduced in 2009 shortly after Fiat took control of the American automaker, and includes such new additions as an Alfa Romeo model, likely the 4C, to be introduced in the US this year, as well five more Alfa models by 2016. Likewise, Fiat will be growing by an additional seven models in the coming few years.

2018 Jeep Wrangler spied looking more aerodynamic

We're getting an early look at one of the most anticipated vehicles from Jeep: the next-generation Wrangler. We expect it to arrive for the 2018 model year and be aluminum-intensive for purposes of weight savings, which will improve fuel economy. The platform is expected to remain a traditional body-on-frame setup, and manufacturing will remain at its longtime Toledo, OH, factory. The design appears true to the Wrangler's heritage, though the windshield is raked back more to make it less brick-like when cutting through the air. From some angles, the front end appears longer if you squint properly, and the front fenders seem wider and squatter than the current model's. There's probably more in store for the new Jeep, but this prototype is under such heavy cladding it's impossible to tell what. Kudos to the folks who make those vinyl coverings. Look for the powertrain to again include a Pentastar V6, this time paired to an eight-speed automatic transmission – again for fuel economy, but also to improve the powertrain's flexibility. A V6 turbo diesel and a mild- hybrid variant are also expected. Even with all these departures from the long-running Wrangler playbook, the off-road capability will remain the vehicle's calling card. The current Wrangler will also be built concurrently with this next-gen model for a time in Toledo, Automotive News reports, giving enthusiasts and traditionalists the best of both worlds. Jeep will also add a pickup based on the Wrangler's underpinnings to its portfolio in a move to capitalize on the resurgence of smaller trucks. The Wrangler is both the halo and centerpiece of the remade Jeep lineup, which quickly is becoming one of Fiat Chrysler's pillars for sales and prestige around the world. Jeep hopes to sell 2 million vehicles globally by 2018. Related Video:

Jeep's 3-row crossover SUV caught inside and out

Jeep is continuing to test its upcoming three-row full-size crossover, as evidenced by new spy photos shown above. Though the exterior doesn't reveal much new, we do get our first look at the inside of the new SUV. Unfortunately, the interior is well-camouflaged. We can tell it has the same corporate steering wheel and shifter as found on other Jeeps such as the Grand Cherokee. It also has highly-stylized gauges and needles, with an LCD display between the two main dials. The gauge cluster is interesting with a dial layout that is completely different from the two-row Grand Cherokee and the three-row Dodge Durango, indicating it doesn't borrow much on the inside from those vehicles. The tachometer is clearly visible, too, and it shows a redline of about 5,500 rpm. That redline corresponds with the turbocharged four-cylinder found in the Wrangler, Cherokee, and, in single-overhead-cam form, the Alfa Romeo Giulia and Stelvio. So it seems this big Jeep may have that four-cylinder engine, probably in the twin-cam Jeep iteration. This would also match previous reports, but we're sure if there will be other engine options. Based on leaked images of the SUV, it bears a passing resemblance to the Jeep Yuntu concept that was shown in China in April 2017. Those leaked images also reveal the name "Grand Commander." Many of the leaks and information about the big Jeep have been related to China, but with automakers such as Subaru and Volkswagen expanding into large three-row SUVs, we wouldn't be surprised if the big Jeep comes here, too. We could also see it carrying the old Grand Wagoneer name. Related Video: