2014 Jeep Wrangler Sport on 2040-cars

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Stellantis reports $15B profit in first year of merger

FRANKFURT, Germany — Automaker Stellantis said Wednesday that it made 13.4 billion euros ($15.2 billion) in its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group. The earnings nearly tripled profits compared with its pre-merger existence as two separate companies, as the maker of Jeep, Opel and Peugeot vehicles exploited cost efficiencies from combining the businesses. The result compared to a combined 4.79 billion euros for the separate companies in 2020 before the merger, which took effect on Jan. 17, 2021. Revenue for the combined business rose 14%, to 152 billion euros. CEO Carlos Tavares said the results “prove that Stellantis is well positioned to deliver strong performance" and had overcome “intense headwinds” during the year. Automakers have struggled with shortages of key parts such as semiconductor electronic components and rising costs for raw materials as the global rebound from the worst of the coronavirus pandemic brings more demand. The company said the benefits of the merger were worth some 3.2 billion euros during the year. Mergers can lead to streamlined costs as companies combine functions and spread fixed costs over a larger revenue base. The company accelerated its rollout of battery-powered vehicles, with sales of low-emission vehicles reaching 388,000 — an increase of 160%. Stricter environmental regulations in Europe and China are pushing automakers to roll out more electric vehicles with longer range. Stellantis started production of a hydrogen fuel cell commercial van under its Opel brand in December. Stellantis' other brands include Chrysler, Citroen, DS, Fiat, Maserati, Ram and Vauxhall. Related video: Earnings/Financials Chrysler Dodge Ferrari Fiat Jeep RAM Citroen Opel Peugeot Vauxhall

Hellcat-powered Jeep Grand Cherokee Trackhawk spied | Autoblog Minute

This week we got another look at the Jeep Grand Cherokee Trackhawk. This is perhaps the most anticipated Jeep that we've heard of in years. Jeep Autoblog Minute Videos Original Video autos

Here's another look at the next-gen Jeep Wrangler Unlimited

Yesterday, we got a sneak peek at the next generation Jeep Wrangler Unlimited. As you might expect, it looks a lot like the current Wrangler. Really, did you expect anything different? The big news is that the leaked images show that the doors and top are removable, something that was unclear until now. Thanks to our friends at JL Wrangler Forums, we have some pretty new renderings based on those same leaked images. While these aren't official, this should be pretty damn close to what the final production model will look like. While it may be all new, the design is just a revolution of the tried and true formula. Fans might burn down the factory if designers strayed too far. The entire body has been worked over, with changes to the grille, bumper, fenders, and lights. The square tail lights look a lot like those on the Renegade. We keep seeing more and more leaks and spy photos, so an official reveal can't be too far off. In addition to the four-door Wrangler Unlimited, look for the long awaited Wrangler pickup truck. Related Video: