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Posts Tagged ‘chrysler news’

Ram Truck Sales Bolstering Chrysler Group Profits

Brand making inroads in full-size pickup segment.

by on Oct.31, 2014

The Ram 1500 EcoDiesel is the brand's fastest-selling model. Ram is gobbling up marketshare in the full-size pickup segment.

The battle for pickup truck supremacy is getting more intense and Ram is enjoying a run that is not only gaining it a larger marketshare, but also a major contribution to Chrysler Group’s bottom line.

While Ram is still No. 3 on the list of full-size truck sales, it’s an active player in the segment and, perhaps more importantly, the brand’s leadership is ready to jump in and scrap for sales.

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Bob Hegbloom, the new head of the Ram brand, said during a luncheon meeting with reporters that he was both surprised and disappointed with the Chrysler Group’s showing in the Consumer Reports annual quality survey, adding the company was moving to fix the problems cited by he influential magazine. (more…)

Fiat Chrysler Earnings Hold Steady as Maker Prepares to Spin Off Ferrari

Investors quickly warm to news.

by on Oct.29, 2014

Sergio Marchionne may have reason to smile as investors finally begin bidding up FCA stock.

Now officially merged, Fiat Chrysler Automobiles said its third-quarter earnings were roughly in line with last year’s numbers.

Though that was essentially what analysts had anticipated, the automaker delivered a surprise by announcing it will spin off its iconic Ferrari brand – just months after CEO Sergio Marchionne appeared to indicate such a move wasn’t in the works.

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The decision “will preserve the cherished Italian heritage” of Ferrari, said a statement from FCA Chairman John Elkann. Ferrari has been facing a fair bit of turmoil lately after the ouster of its long-time chief executive and its unexpectedly poor performance in the popular Formula One racing series.

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FCA Quality Chief Steps Down

Betts departs day after maker ranked last in quality.

by on Oct.28, 2014

Chrysler quality czar Doug Betts resigned a day after the company's brands finished at the bottom of Consumer Reports' quality rankings.

Just a day after Chrysler Group finished dead last in vehicle quality, the maker’s long-time quality chief Doug Betts stepped down to “pursue other opportunities.”

It was announced yesterday that Fiat Chrysler’s American brands – Chrysler, Dodge and Ram – were at the bottom of Consumer Reports’ annual reliability rankings and took a significant tumble from the previous year’s results.

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Betts, who had been Senior Vice President of Quality since 2009, will be replaced by Mark Chernoby, who will head quality for FCA, and Matthew Liddane, who will lead quality in North America for Chrysler Group. The appointments are effective immediately. (more…)

Chrysler SEMA Concepts Hint at Niche Products to Come

Mopar generating double-digit growth for maker.

by on Oct.24, 2014

The Dodge Challenger T/A concept is a 485-horsepower beast that the maker is displaying at the SEMA show.

It’s a beautiful autumn morning as Mark Trostle leads a group of journalists out to the design department courtyard behind the Chrysler Technology Center.  “It’s like Candyland out here,” says the chief designer for Fiat Chrysler Automobile’s Mopar division, as he surveys an assortment of concept vehicles that will soon head to Las Vegas for the annual SEMA Show.

That’s the yearly gathering of the automotive parts and accessories world, a fast-growing industry that generates more than $30 billion in business annually. Not surprisingly, makers like Fiat Chrysler have been increasing their presence at SEMA each year hoping not only to put a halo around their brands, but also to help sell more of their own parts and accessories.

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Mopar, in fact, has been generating double-digit growth in recent years, in part by coming up with striking concept vehicles that illustrate ways to use products from its own parts catalogue. But it’s also going to be showing several special concepts that could soon be put, in whole, into production by various Fiat Chrysler brands. (more…)

Chrysler Recalling Nearly 1 Million Vehicles

Maker still plagued by ongoing fuel pump problem.

by on Oct.16, 2014

Scott Kunselman heads up Chrysler's recently formed Vehicle Safety and Regulatory Compliance office.

Chrysler Group’s announcement today it is recalling 907,000 vehicles in two new campaigns is latest in a steady string of actions during the last six weeks from the Auburn Hills, Michigan-unit of Fiat Chrysler Automobiles.

The recalls involve faulty alternators and power mirror electrical connectors. There have been no injuries, fatalities or accidents as a result of either problem, according to the automaker.

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Chrysler is recalling 470,000 2011-2014 Chrysler 300, Dodge Charger, Challenger, Durango and Jeep Grand Cherokee vehicles with a 3.6-liter engine and a 160 amp alternator because the alternator may suddenly fail and result in vehicle shutdown, shutoff or a fire. (more…)

Airbag Issues Force Recalls at GM, Chrysler

New GM midsize pickups among those impacted.

by on Oct.15, 2014

They’ve been called one of the industry’s most important safety breakthroughs, but manufacturers might also call airbags a major headache lately, as a growing list of problems have led to the recall of millions of vehicles over the last year.

The latest on the list are Chrysler and General Motors, both announcing service actions due to wiring defects that could cause airbags in some vehicles to fail when needed. The issue at Chrysler is similar to one that forced a major recall by cross-town rival Ford last month.

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Among the vehicles covered by the latest pair of recalls are the all-new General Motors midsize pickups just coming to market. GM initially ordered a stop-sale in hopes of making repairs before the vehicles got into consumers’ hands, and it now says only 138 of the 2,432 Chevrolet Colorado and GMC Canyon trucks covered by the service action have actually been delivered to buyers.

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Chrysler Recalling 184,000 SUVs for Airbag Issue

Maker suffering same problem that plagued Ford last month.

by on Oct.14, 2014

The 2014 Dodge Durango is being recalled for a problem with the airbag and safety restraints.

Chrysler Group and Ford Motor Co. have more in common than just being located in metro Detroit: Chrysler is recalling 184,000 SUVs for an airbag defect that caused Ford to recall 850,000 vehicles last month.

The Auburn Hills-based division of Fiat Chrysler Automobiles is recalling thousands of 2014 Dodge Durangos and Jeep Grand Cherokees due to a possible problem with short circuits that may cause the airbags and safety restraints to fail.

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The problem may cause the airbag warning lights to come on, which is a sign that there is a problem with the airbags and the seat-belt pretensioners. The recall covers more than 126,000 SUVs in the U.S. while the rest are in Canada, Mexico and other regions. (more…)

Ford F-150 Lassoes Truck of Texas Trophy

Ford, Jeep and Ram corral a hatful of victories.

by on Oct.13, 2014

Ford's new F-150 snags a welcome honor.

The Ford F-150 scooped up the first of what the company’s executives hope will be several awards over the weekend as it was named Truck of Texas at the 2014 Texas Auto Writers Association Truck Rodeo.

That’s particularly good news for Ford considering the growing concerns about whether the maker can pull off a smooth launch for the “aluminum-intensive” remake of what has long been the country’s best-selling motor vehicle.

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Ford actually got a triple-dose of good news from the Lone Star State’s automotive scribes who named the 2015 Lincoln MKC the crossover of Texas, while Ford also was named the Truck Line of Texas. But the Detroit carmaker couldn’t pull off a clean sweep, the 2015 Jeep Grand Cherokee capturing the SUV of Texas title for the fifth straight year.

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“Green Truck” Finalists Revealed – and Surprises Abound

The truck world is “changing in a very big way.”

by on Oct.10, 2014

GM jumped back into the midsize truck market with the Chevrolet Colorado and GMC Canyon.

It’s that time of year, nominees for all sort of automotive awards being revealed in time for the launch of the 2015 models. But where performance and luxury features might sway most juries, at least one major award focuses on things environmental.

So, it might come as a surprise to see Green Car Journal tipping its hat to five new pickups, but the magazine says vehicles like the Ram 1500 EcoDiesel and Chevrolet Colorado underscore the dramatic changes sweeping through all aspects of today’s automotive world.

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“The significant efficiency and environmental improvements being made in the truck segment signal an important change in the industry,” said Ron Cogan, publisher of the Green Car Journal and CarsOfChange.com.

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Fiat – Chrysler’s Marchionne “Done” in 2018

Will leave future turnarounds to the “young punks.”

by on Oct.08, 2014

Sergio Marchionne may have reason to smile as he considers his retirement in 2018.

After helping lead the smallest of Detroit’s automakers out of bankruptcy while also turning around its Italian partner Fiat, CEO Sergio Marchionne says he’s close to “done” and ready to find something a little less challenging to do.

Marchionne’s key goal will be completed this coming weekend with the formal merger of the two companies into the new Fiat Chrysler Automobiles, or FCA, which will have its headquarters in London while being incorporated in the Netherlands.

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That leaves Marchionne the challenge of putting in place the company’s new business plan which will take it through to 2018 when he apparently plans to retire, he said during an interview with the Bloomberg news service.

“I am not going to do any more turnarounds,” he said, adding that, “I’m done. Let some of the young punks do it.”

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