1999 Jeep Wrangler Sahara 4.0l 6 Cyl Auto on 2040-cars

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These are the cars with the best and worst depreciation after 5 years

The average new vehicle sold in America loses nearly half of its initial value after five years of ownership. No surprise there; we all expect that shiny new car to start depreciating as soon as we drive it off the lot. But some vehicles lose value a lot faster than others. According to data provided by iSeeCars.com, trucks and truck-based sport utility vehicles generally hold their value better than other vehicle types, with the Jeep Wrangler — in both four-door Unlimited and standard two-door styles — and Toyota Tacoma sitting at the head of the pack. The Jeep Wrangler Unlimited's average five-year depreciation of 30.9% equals a loss in value of $12,168. That makes Jeep's four-door off-roader the best overall pick for buyers looking to minimize depreciation. The Toyota Tacoma's 32.4% loss in initial value means it loses just $10,496. The smaller dollar amount — the least amount of money lost after five years — indicates that Tacoma buyers pay less than Wrangler Unlimited buyers, on average, when they initially buy the vehicle. The standard two-door Jeep Wrangler is third on the list, depreciating 32.8% after five years and losing $10,824. Click here for a full list of the top 10 vehicles with the least depreciation over five years. On the other side of the depreciation coin, luxury sedans tend to plummet in value at a much faster rate than other vehicle types. The BMW 7 Series leads the losers with a 72.6% drop in value after five years, which equals an alarming $73,686. BMW's slightly smaller 5 Series is next, depreciating 70.1%, or $47,038, over the same period. Number three on the biggest losers list is the Nissan Leaf, the only electric vehicle to appear in the bottom 10. The electric hatchback matches the 5 Series with a 70.1% drop in value, but since it's a much cheaper vehicle, that percentage equals a much smaller $23,470 loss. Click here for a full list of the top 10 vehicles with the most depreciation over five years.

FCA's UAW workers to get $8,010 profit-sharing payout

UAW workers at FCA will soon be receiving $8,010 checks, which represent profit-sharing based on the company's 2020 performance. Although FCA's profit margins in 2020 were slimmer than the year prior, the union-employee payouts are slightly larger, due to a change in the formula that was negotiated in 2019 and has now gone into effect. Employees are now paid $900 for every 1% of profit margin FCA achieves in its North American operations. For 2020, the company enjoyed an 8.9% profit margin, and although that was down slightly from 9.1% in 2019, the checks are larger than last year's $7,280 payout. Still, FCA employees didn't fare quite as well as their counterparts at GM, who stand to receive profit-sharing checks of up to $9,000. GM workers did even better last year, netting $10,000. UAW workers at Ford had less to celebrate. They'll receive $3,525, based on the company's 2020 performance. That's a steep drop from last year's $6,600. FCA earned $6.472 billion in North America in 2020. The company is expecting an improved financial performance in 2021, as it's expected to avoid another coronavirus-related shutdown. It's also expected to benefit from the launch of the three-row Grand Cherokee L, as well as the Jeep Wagoneer and Grand Wagoneer, all of which are high-margin products. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

2019 Jeep Renegade teased with taillight photo

We've seen a number of 2019 Jeep Renegade prototypes running around lately, and now we know when we'll finally see all the ways the little crossover SUV has been updated: June 6. It will make its debut at the Turin Motor Show. Before then, Jeep did reveal a couple of details, including the above shot of the new taillight design. Though the taillight is very similar to the current version, particularly in how it's still square with a distinct "X" motif in center, it has a few differences. The thick black surround of the current model is gone entirely. It makes way for dark-tinted red plastic to wrap all the way around, and it has indentations that echo the X in the center. That center X isn't all a reverse light anymore. It's now part of the taillight's internal design. Only a small white square in the middle is now for the reverse light. Aside from small styling changes on the lights, Jeep also announced powertrains for the European version of the Renegade. It will be available with at least three gasoline engine options. There will be a roughly 120-horsepower 1.0-liter three-cylinder, and two versions of a 1.3-liter four-cylinder making 150 horsepower or 180. Jeep didn't mention anything about a diesel or a hybrid, the latter of which we expect based on previous spy shots. In the U.S., the Renegade is available either with a 160-horsepower turbocharged 1.4-liter four-cylinder or a 184-horsepower 2.4-liter naturally aspirated four-cylinder. We would assume at least the 1.3-liter engine will make it to the U.S., considering its similar power output to current numbers. Related Video: