2022 Jeep Gladiator Sport on 2040-cars

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Fiat Chrysler's Q3 profit boosted by strong North American earnings

MILAN, Italy — Fiat Chrysler Automobiles (FCA) reported a 17 percent jump in third-quarter adjusted operating profit on Tuesday, helped by a strong performance in its key North American market and improving operations in Europe and Latin America. The world's seventh-largest carmaker still makes the lion's share of its profits in North America, so improving, or at least maintaining, its margins there is a key focus. The carmaker reported an 8 percent adjusted operating profit margin in the region, up from 7.6 percent a year ago, despite a drop in sales and shipments. "FCA's profitability in North America remained strong in the quarter despite a weakening market there," a Milan-based analyst said. FCA's profitability compares with an 8.3 percent North America margin reached in the quarter by bigger U.S. rival GM , showing CEO Sergio Marchionne making progress towards his goal of closing the margin gap with GM and the company's other U.S. rival, Ford, by 2018. The company's confirmation of its full-year outlook also pushed shares higher, a trader added. The stock was up 2.8 percent by 1129 GMT, outperforming a 1 percent rise in the European auto index. FCA has been retooling some U.S. factories to boost output of sport-utility vehicles (SUVs) and trucks while ending production of some unprofitable sedans to strengthen profitability as the U.S. car market comes off its peak. The company said a drop in North America shipments due to lower fleet sales and discontinued models was partially offset by higher deliveries of Ram trucks and two models from the Alfa Romeo stable: the Stelvio sport utility vehicle and Giulia sedan. Profitability also improved in Europe, helped by sales of the Stelvio and the new Jeep Compass, and Latin America, while margins at Maserati remained strong at 13.8 percent due to strong demand for its first SUV, the Levante. In a later conference call, investors are looking for hints on the new strategy to 2022 which the company promised to unveil early next year. Chief Executive Sergio Marchionne said earlier this year that FCA would streamline its portfolio and that components businesses, including Magneti Marelli, would be separated from the group, possibly via a spin-off. While FCA confirmed its targets this year, doubts remain about its exposure to a weakening U.S. market, recall costs and potential fines over emissions after it was targeted by European and U.S.

Jeep does Renegade Chinese-style with Zi You Xia design concept

As we mentioned, Jeep is bringing a quartet of concepts to the Beijing Motor Show this year. Its largest model, the Grand Cherokee, is nowhere to be found, but its smallest is. That, of course, would be the new Renegade, which has been done up as the Zi You Xia design concept.
Taking its name from the Mandarin word (or words) for "rebel," the Zi You Xia takes its inspiration from the National Centre for the Performing Arts in Beijing, with a Warm Chocolate Gray paintjob with contrasting dark bronze trim. The roof, grille and mirror caps are color-keyed to match the rest of the exterior, riding on 20-inch alloys in the same dark bronze finish.
Inside it's all Piano Black, Anodized Copper and brown leather with plaid fabric inserts. Scope it out in the high-res image gallery above and the press release below.

Jeep Renegade pricing to start at $18,595?

While there's no shortage of excitement surrounding the new Jeep Renegade, one of the limiting factors to the little trucklet will be its price. With the Kia Soul starting at $14,900 and the Nissan Juke kicking off at $18,990, the Renegade can't afford to stray away from that price bracket.
And judging by some potentially leaked pricing info, it won't. A quick Google search of "Jeep Renegade Price" reveals (at least for now) that the Italian-built Jeep will start at $18,595. The "as shown" price of $25,895 seems to indicate the Trailhawk model shown on Jeep's consumer page.
If the $18,595 figure is correct, it's likely for the base, two-wheel-drive Sport model, with the Latitude and Limited trims falling somewhere between there and the $25,895 as-equipped price of the Trailhawk.