2021 Ram 3500 Limited on 2040-cars

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Analysts wary over FCA lawsuit but say emissions not as bad as VW

MILAN - Any potential fines Fiat Chrysler (FCA) may need to pay to settle a US civil lawsuit over diesel emissions will unlikely top $1 billion, analysts said, adding the case appeared less serious than at larger rival Volkswagen. The US government filed a civil lawsuit on Tuesday accusing FCA of illegally using software to bypass emission controls in 104,000 vehicles sold since 2014, which it said led to higher than allowable levels of nitrogen oxide (NOx) that are blamed for respiratory illnesses. FCA's shares dropped 16 percent in January when the U.S. Environmental Protection Agency (EPA) first raised the accusations, adding the carmaker could face a maximum fine of about $4.6 billion. The stock has been under pressure since. Volkswagen agreed to spend up to $25 billion in the United States to address claims from owners, environmental regulators, U.S. states and dealers. FCA, which sits on net debt of 5.1 billion euros ($5.70 billion), lacks VW's cash pile but analysts said its case looked much less severe. While VW admitted to intentionally cheating, Fiat Chrysler denies any wrongdoing. Authorities will have to prove that FCA's software constitutes a so-called "defeat device" and that it was fitted in the vehicles purposefully to bypass emission controls. Even if found guilty, the number of FCA vehicles targeted by the lawsuit is less than a fifth of those in the VW case. Applying calculations used in the German settlement, analysts estimate potential civil and criminal charges for Fiat Chrysler of around $800 million at most. Barclays has already cut its target price on the stock to take such a figure into account. Analysts also noted that FCA's vehicles are equipped with selective catalytic reduction (SCR) systems for cutting NOx emissions, so it is likely that any problem could be fixed through a software update. "Should this be the case, we estimate a total cost per vehicle of not more than around $100, i.e. around $10 million in aggregate," Evercore ISI analyst George Galliers said in a note. The estimates exclude any additional investments FCA may be asked to make in zero emissions vehicles infrastructure and awareness as was the case with VW. FCA said last week it would update the software in the vehicles in question, hoping it would alleviate the regulators' concern, but analysts said it may have been too little too late. The carmaker is also facing accusations over its diesel emissions in Europe.

2019 Ram 2500 Heavy Duty starts at just over $35,000

Pricing has been announced for the 2019 Ram Heavy Duty models, and they are barely more expensive than the old models. The 2019 Ram 2500 starts at $35,090, just $350 more than the outgoing version. The base 3500 model starts at $36,540, which is only $400 more than before. The chassis cab version starts at $36,445. This pricing keeps the new Ram close to the price of the current price leader, the Ford F-250, which starts at $34,745. Both 2500 and 3500 models come in at less than the current Chevy Silverado 2500HD's base price of $39,095. These prices will get you a Ram Heavy Duty with the standard 410-horsepower 6.4-liter gas-powered V8. For the entry-level Cummins diesel engine with 370 horsepower and 850 pound-feet of torque, you'll need to add $9,100. The high-output Cummins engine with 400 horsepower and 1,000 pound-feet of torque is naturally even more expensive at $11,795. Now we also know that full-size trucks can get pretty expensive, and the Ram Heavy Duty is no exception. The most expensive starting price is for the Ram 3500 Limited with the Mega Cab and four-wheel-drive, at $67,050. Adding the high-output Cummins engine would bring that to $78,845. We don't know what options will be available, but we wouldn't be surprised if that particular truck could crest $80,000 with a few extras. Related Video:

2020 Ram 1500 EcoDiesel fuel economy numbers are right in the zone

Every new truck spec gets it own awards show nowadays. In this next envelope we have EPA fuel economy ratings for the 2020 Ram 1500 EcoDiesel — drumroll, please: 22 miles per gallon in the city, 32 mpg highway, 26 mpg combined for the 4x2 trim; 21 mpg city, 29 mpg highway, 24 mpg combined for the 4x4. As one would expect, the numbers plop the EcoDiesel in the middle of the pot with light-duty diesel versions of the 2020 Chevrolet Silverado 1500 and 2019 Ford F-150. In 4x2 guise, city mileage for the EcoDiesel ties the F-150 and is one mpg short of the Silverado, highway mileage rates two mpg more than the F-150 and one mpg short of the Silverado. In 4x4 trim, EcoDiesel city mpg is one mpg more than the F-150 and two mpg short of the Silverado, EcoDiesel highway number is four mpg more than the F-150 and ties the Silverado.    Of course, Ram would also like you to know that when it comes to output and carrying, the third-generation oil-burner tops the half-ton trio with 480 pound-feet of torque, 20 lb-ft more than the Silverado, and posts the highest tow rating at 12,560 pounds. Buyers who opt for the 4x2 diesel Ram and the 33-gallon tank will be able to travel the furthest, too, going beyond 1,000 miles before the fumes give out. Every trim gets the new EcoDiesel option for 2020, including the Ram Rebel for the first time. The 3.0-liter V6 is a $4,995 option, making it either $3,000 or $3,300 more than the 5.7-liter Hemi V8 eTorque trim depending. The EcoDiesel price ladder starts with the Tradesman Quad Cab at $36,890 plus a $1,695 destination charge, for $38,585 total. The 2019 Ram 1500 Classic will continue offering the second-generation 3.0-liter EcoDiesel, starting at the unchanged price of $40,835 for the Tradesman Crew Cab 4x2.