2021 Jeep Wrangler Rubicon on 2040-cars

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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.

Maserati Levante crossover not Jeep based after all?

Maserati has been teasing its crossover project since 2011, which is when it first showed off the Kubang concept (pictured above). Still, the production version, rumored to be called the Levante, remains a complete mystery. The CUV was first rumored to borrow the platform from the Jeep Grand Cherokee, but new rumors indicate that the Italian, luxury crossover might actually take the underpinnings from the Quattroporte and Ghibli.
In a brief interview, Maserati CEO Harald Wester told CNN Money that the Levante wouldn't use Jeep's platform. Motor Trend spoke with an unnamed Maserati engineer who confirmed the rumor. Officially, the company says that no decision has been made.
We can add this to another long list of rumors about the Italian CUV. It was originally supposed to be built at Chrysler's Jefferson North assembly plant in Detroit. Then, plans were changed to build it in Italy.

Jeep Gladiator high-speed off-roader reportedly in development

Before the 2020 Jeep Gladiator was revealed, it seemed like there was a never-ending flow of tidbits leaking out about the truck. Now it's out, and while the flow has slowed, there are still interesting reports floating about. The latest comes from Jeep Gladiator Forum, which cites an anonymous inside source as saying there's a high-performance version of the pickup coming designed for fast off-roading similar to a Ford F-150 Raptor or Chevy Colorado ZR2. We reached out to Jeep regarding the possible truck, and a representative said the company had no comment. That's certainly exciting news if it turns out to be correct, but there are reasons not to get your hopes up just yet. The forum reports that the truck is in the early stages of development, and it's still being decided whether there's enough of a market for it. From our perspective, such a model is neither a dead end nor a shoo-in. Certainly there are people willing to buy fast off-roaders, as the aforementioned Raptor and ZR2 have shown. Also, Jeep has proven that people are willing to spend a lot on Wranglers, both from the factory and on aftermarket parts, so an even more expensive model wouldn't necessarily put people off. So those are two important points in favor of a fast Gladiator. Points against a fast Gladiator start with the existing Gladiator Rubicon. While it isn't necessarily designed for bashing dunes, it does come with a huge amount of trail-ready equipment already. It has differential locks and anti-roll bar disconnects, big tires and burly shocks. On slower trails, it may already be as capable as the Colorado ZR2, which would be the closest competitor to the hypothetical high-po Gladiator. And since the Gladiator Rubicon will be available with comparable engines to the ZR2, would something more potent be necessary? It would seem that to further differentiate, the Gladiator might need more power. That's certainly possible by way of a V8 transplant, but that would mean a lot of money spent on getting the engine to fit, making it reliable, getting it emissions compliant, and ensuring the drivetrain is strong enough. All those costs would make it harder to get approved. We may sound a bit pessimistic, but don't get us wrong, we would be excited to see a high-speed Gladiator, or any other Jeep for that matter. But we also want to be realistic, and there are certainly some significant hurdles to bringing such a truck to market. Related Video: