1978 Jeep Cj-5 4x4 on 2040-cars

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Macron and Le Pen decry 'shocking' Stellantis CEO pay

PARIS — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, on Friday both decried as “shocking” the multimillion euro payout to the CEO of carmaker Stellantis. Stellantis CEO Carlos TavaresÂ’ remuneration package of 19.15 million euros just a year after the company was formed became an issue as Macron and Le Pen campaigned ahead of the April 24 runoff vote. Polls show purchasing power and inflation are a top voter concern. Stellantis was formed last year through the merger of PSA Peugeot and Fiat Chrysler Automobiles. Centrist President Emmanuel Macron, perceived by many voters as being too pro-business, called the pay package “astronomical” and pushed for a Europe-wide effort to set ceilings on “abusive” executive pay. “ItÂ’s shocking, itÂ’s excessive,” he said Friday on broadcaster France-Info. “People canÂ’t have problems with purchasing power, difficulties, the anguish theyÂ’re living with, and see these sums. Otherwise, society will explode.” Far-right leader Marine Le Pen, who enjoys support from many working-class voters, called for bringing in more workers as shareholders. “Of course itÂ’s shocking, and itÂ’s even more shocking when it is the CEOs who have pushed their society into difficulty,” she said Friday on BFM television. “One of the ways to diminish this pay, which is often out of proportion with economic life, is perhaps to allow workers in as shareholders.” Stellantis continued to back the package despite a 52.1% to 47.9% vote rejecting it at an annual shareholders' meeting chaired from the Netherlands, where the company is legally based, on Wednesday. The company, citing Dutch civil code, noted that the vote is advisory and not binding. The company later said in a statement that it took note of the vote, and will explain in an upcoming 2022 remuneration report “how this vote has been taken into account.” In the 2021 report, the company identified peer group companies that it used as a salary benchmark, including U.S. companies like Boeing, Exxon Mobile, General Electric as well as carmakers Ford and General Motors. Stellantis, whose brands include Peugeot, Fiat, Jeep, Opel and Maserati, reported net profits last year had tripled to 13.4 billion euros ($15.2 billion). The French government is the third-largest shareholder in Stellantis, with a 6.15% stake through the Bpifrance Participations S.A. French public investment bank.

Federal investigations about safety of rear-mounted gas tanks is nothing new

The National Highway Traffic Safety Administration and Chrysler are currently making waves in our daily news feeds due to a disagreement over the safety of a few million Jeep Liberty and Grand Cherokee models. Specifically, NHTSA has asked Chrysler to recall the SUVs because of the location of their fuel tanks, but you may be interested to know that requests such as this are nothing new.
Besides the two Jeep models, NHTSA has launched investigations over the years in such models as the Ford Crown Victoria (and its police-car counterpart), GM pickups built between 1972 and 1987, and rather famously the Ford Pinto.
Understanding how automakers and NHTSA have dealt with fuel-tank-safety concerns in the past may offer a better understanding of how Chrysler and the government agency will settle their current dispute. Check out the complete article from The Detroit News here.

Woman who survived plunge off Big Sur cliff posts pics of wrecked Jeep

The woman who survived seven days on a remote beach after plunging off a cliff on California's Highway 1 has posted photos of her wrecked Jeep Patriot on the beach at low tide. Along with details of the story Angela Hernandez has previously shared, the photos suggest she's lucky to be alive. Hernandez's ordeal began around midday on July 6, when she was driving southbound through Big Sur and an animal suddenly appeared in the road in front of her. She swerved to avoid hitting it and lost control. "I don't really remember much of the fall," she says. "They say I fell somewhere around 250 feet." Hernandez, 23, had been reported missing in the Big Sur area on her journey from Portland, Ore., to Southern California, but heavy fog had complicated search efforts. She was eventually found by a couple hiking the coastline in search of a fishing spot and was hoisted up the cliff by rescuers and taken to a hospital. She suffered a brain hemorrhage, collapsed lung, ruptured blood vessels in both eyes and four broken ribs and broken collarbone, plus an intense sunburn. She says she remembers only waking up in her car and feeling the Pacific Ocean rising over her knees. She used a multitool to break the window, then jumped into the water and made her way to shore, where she promptly passed out. In the coming days she used a piece of hose that broke off her Jeep to collect fresh water dripping off mounds of moss for drinking. "The next few days kind of became a blur," she wrote on Facebook. "I'd walk up and down the beach in search of another human being. I'd climb on rocks to avoid the sharp sand, walk along the shore to avoid the hot rocks, and air wrestle tiny crabs. I found a high spot I was able to climb up to and found myself there almost every day. I could see cars driving across the cliff and felt like if I could yell just loud enough, that one could hear me or see me. That's all it would take to make it back to my family. Just one person noticing me. I'd usually stay there until the sun became unbearable and then would find a way to slide myself back down to the shore." It sounds like the accident has given her a new lease on life. Her most recent Facebook update is a short video of her playing a guitar. "Wasn't sure if I'd still be able to play after my accident, so this makes me so happy," she writes. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.