2013 Jeep Patriot on 2040-cars

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Jeep mixed a CJ, a TJ, and a JK to make this sweet retro CJ66

What do you get when you mash-up a CJ and two Wranglers? Jeep calls it the CJ66, its concept for the 2016 SEMA show. It's a Frankensteined machine done right, another in a long line of fantasies from the back rooms at Jeep. A lot of donor vehicles were sacrificed for this one. The body came from a 1966 Jeep CJ – hence the name – and then was modified to fit on a Jeep Wrangler TJ chassis. The finishing touches, such as the bumpers and lights, come from the current Wrangler JK, and the hood was modeled after a JK's, too. The CJ66 has plenty of other neat details throughout as well, such as the vintage-style V8 badges on the fenders, the chains on the dropdown tailgate, and the custom hood latches. Also, like several other FCA SEMA concepts this year, it gets a pair of Dodge Viper seats. We're suckers for Viper seats. View 17 Photos The custom body also hides some impressive off-roading gear. There's a Warn winch tucked behind the front bumper, as well as an on-board tire inflation system, which makes it easy to deflate and inflate tires as the terrain requires. The truck also has 35-inch off-road tires on readily available wheels, front and rear differential lockers, and a custom roll cage and rock sliders. As you may have guessed from the V8 badges, this CJ66 also packs an octet of pistons. The 5.7-liter Hemi engine (or 345 cu. in. for traditionalists) makes 383 horsepower, and was installed using Mopar's new engine swap kit. The engine is hooked up to a six-speed manual transmission that sends power to Dana 44 axles front and rear. We have a feeling it will handle just fine on the trails. Related Video: Image Credit: FCA and Joel Stocksdale SEMA Show Jeep SUV Concept Cars Off-Road Vehicles SEMA 2016

Stellantis invests more than $100 million in California lithium project

Stellantis said it would invest more than $100 million in California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for new sources of the electric vehicle battery metal. The investment by the Chrysler and Jeep parent announced on Thursday comes as the green energy transition and U.S. Inflation Reduction Act have fueled concerns that supplies of lithium and other materials may fall short of strong demand forecasts. DLE technologies vary, but each aims to mechanically filter lithium from salty brine deposits and thus avoid the need for open pit mines or large evaporation ponds, the two most common but environmentally challenging ways to extract the battery metal. Stellantis, which has said half of its fleet will be electric by 2030, also agreed to nearly triple the amount of lithium it will buy from Controlled Thermal, boosting a previous order to 65,000 metric tons annually for at least 10 years, starting in 2027. "This is a significant investment and goes a long way toward developing this key project," Controlled Thermal CEO Rod Colwell said in an interview. The company plans to spend more than $1 billion to separate lithium from superhot geothermal brines extracted from beneath California's Salton Sea after flashing steam off those brines to spin turbines that will produce electricity starting next year. That renewable power is expected to cut the amount of carbon emitted during lithium production. Rival Berkshire Hathaway has struggled to produce lithium from the same area given large concentrations of silica in the brine that can form glass when cooled, clogging pipes. Colwell said a $65 million facility recently installed by Controlled Thermal can remove that silica and other unwanted metals. DLE equipment licensed from Koch Industries would then remove the lithium. "We're very happy with the equipment," he said. "We're going to deliver. There's just no doubt about it." Stellantis CEO Carlos Tavares called the Controlled Thermal partnership "an important step in our care for our customers and our planet as we work to provide clean, safe and affordable mobility." Both companies declined to provide the specific investment amount. Controlled Thermal aims to obtain final permits by October and start construction of a commercial lithium plant soon thereafter, Colwell said. Goldman Sachs is leading the search for additional debt and equity financing, he added.

Chrysler banks $507 million in Q2, trims 2013 earnings forecast

Chrysler has some good news and some bad news. First, profits were up 16 percent over the second quarter of 2012, bringing the Auburn Hills, Michigan-based manufacturer $507 million on the back of strong demand for trucks and SUVs (a recurring theme this quarter, particularly in the US). Q2 revenue was up as well, from $16.8 billion in 2012 to $18 billion in 2013. The bad news is that the Pentastar's overall earnings forecast for net income in 2013 has been trimmed from $2.2 billion to between $1.7 and $2.2 billion, according to Automotive News.
In addition to the adjusted net income forecast, Chrysler tweaked its operating profit from $3.8 billion to between $3.3 and $3.8 billion. This has gone largely unexplained by Chrysler, perhaps hoping the news of a three-percent increase in its transaction prices for Q2 will allow it to sweep this adjustment under the rug.
The star of the show for Chrysler has been its US sales, which saw a 10-percent jump, both bettering the industry average of eight percent and improving over the same stretch of 2012. As with the increase in transaction prices, Chrysler has the new Ram pickup and Jeep Grand Cherokee to thank. Perhaps most worrying from this report, though, is that every brand in the automaker's stable saw an increase in sales... except for the Chrysler brand itself.