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Ram helps power Chrysler to 11% gain in May

Increasing consumer demand for Ram pickup trucks and big SUVs has helped to boost May sales for Chrysler. Ram sales were up a total of 24 percent year-over-year for the month of May. In addition, Dodge sales increased by 23 percent in May, with the standout Durango clocking a 24-percent year-over-year improvement (with an updated 2014 model in the wings, incentives are thick on the ground for 2013 inventory). Fiat and Jeep were up only a modest one percent, however, and Chrysler brand sales were down by two percent against last year's figures.
Chrysler is quite pleased overall with brand performance, saying that this May marks the company's strongest in the past six years. It was also the 38th consecutive month showing year-over-year sales gains.
Eight of the automaker's vehicles set sales records for May, as well: Jeep Wrangler and Compass, Dodge Avenger and Challenger, Fiat 500, Chrysler 200 and Ram pickups. Scroll down to read more detail in Chrysler's press release.

Stellantis will enter joint venture with Samsung SDI for EV batteries

SEOUL — South Korean battery maker Samsung SDI Co Ltd and global automaker Stellantis NV have agreed to jointly produce electric vehicle (EV) batteries for the North American market, a person familiar with the matter said on Tuesday. Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics, already has EV battery plants in South Korea, China and Hungary, which supply customers such as BMW and Ford. "The two companies (Samsung SDI and Stellantis) have struck a MOU (memorandum of understanding) to produce EV batteries for North America," the person with knowledge of the matter told Reuters. The source spoke of condition of anonymity because of the sensitivity of the matter. The person said the location of the battery joint venture is under review and will be announced later. In July, Reuters reported that Samsung SDI may build a battery plant in the United States, citing a company source. South Korea's Yonhap news agency earlier reported the two companies plan to build a factory in the United States, citing industry sources. Samsung SDI and Stellantis did not have immediate comment when reached by Reuters. Stellantis on Monday struck a preliminary deal with battery maker South Korea's LG Energy Solution (LGES) to produce battery cells and modules for North America. Shares of Samsung SDI were up 2.6% as of 0300 GMT, versus a 0.6% rise in the KOSPI benchmark index. Related video: Green Alfa Romeo Chrysler Dodge Ferrari Fiat Jeep Maserati RAM Citroen Lancia Opel Peugeot Vauxhall

FCA recalls 2019-20 Ram 2500 and 3500 trucks for transmission fluid leak

Once transmission fluid goes into the transmission, there's a general expectation that it will stay inside. On some 2019-2020 Ram 2500 and 3500 trucks, that ain't happenin'. Fiat Chrysler Automobiles (FCA) and the National Highway Traffic Safety Administration (NHTSA) opened a recall campaign on January 24,  due to transmission fluid leaking from the dipstick tube on vehicles with a six-speed automatic (codenamed 68RFE) transmission.  NHTSA recall No. 20V043000 states that 84,978 trucks are potentially affected. On select Ram work trucks, "a buildup of pressure and heat inside the transmission may result in a transmission fluid leak." Due to the location of where the leak might occur, the transmission fluid could drip onto the nearby turbocharger or "another ignition source within the engine compartment." Should this occur, it's a fire risk. The recall breaks down to 64,590 units of the 2500 pickup and 19,612 of the 3500. FCA estimates that only 1% of the roughly 85,000 vehicles have the defect.  As a fix, Chrylser will replace the transmission valve body separator plate and reprogram the powertrain control module. Chrysler will officially begin the recall process on March 14, and all owners will be notified. Related Video: