2013 Jeep Wrangler Unlimited Sahara on 2040-cars

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Fiat Chrysler will invest up to $1.5 billion to build EVs in Windsor

Fiat Chrysler Automobiles will invest between $1.35 billion and $1.5 billion in its Windsor assembly plant in Canada to build electric vehicles as part of a tentative deal with Canadian autoworkers, Unifor National President Jerry Dias said on Thursday. The auto union said FCA would invest in a state-of-the-art vehicle platform that will enable the assembly of plug-in hybrid and battery electric vehicles, with at least one new model in 2025. The announcement comes less than a month after Unifor said Ford would invest $1.46 billion in its Oakville and Windsor plants. "Not only is Fiat-Chrysler maintaining the current portfolio but they will be investing three derivatives to enhance the current portfolio," Dias said. Unifor also said it expects to extend the life of the Chrysler 300, a rear-wheel-drive luxury car and introduce multiple derivatives of the Dodge Charger and Challenger. The union said as many as 2,000 jobs would be added in 2024 at the Windsor plant. Market forecasting firm LMC Automotive on Thursday said it would take until 2024 for U.S. vehicle sales to recover from the coronavirus downturn and get close to the 17 million vehicles sold in 2019. Ratification meetings for the FCA deal will happen over the weekend, and members will vote on whether to accept the agreement on Sunday. The union is expected to begin negotiations with General Motors's Canadian unit next week. Related Video: Green Hirings/Firings/Layoffs Plants/Manufacturing UAW/Unions Chrysler Dodge Fiat Jeep RAM Coupe Electric Sedan windsor

Watch a Jeep CJ get disassembled and reassembled in minutes

Movie buffs! Remember the scene in the James Bond film 007: The Living Daylights where Timothy Dalton's character slices the floorpan off a police Lada using a laser, and when the driver hits the brakes the Lada's body simply jumps off its axles? That scene was immediately brought to mind as I watched this clip of eight Canadian mechanics disassembling a slightly modified Jeep in a matter of seconds. Having driven the Jeep to a complete stop, the technicians start unbolting it until the body lifts off the frame and the engine can be hauled away. It only took half a minute to turn the Jeep into just a chassis on wheels. As repair manuals say, refitting is the reversal of removal. Apparently the technicians have now honed their mechanical choreography to the point that the Jeep can be disassembled and reassembled in two minutes and 39 seconds; while I expect a great number of bolts having been removed beforehand and the likelihood of the Jeep falling to pieces with a sharp braking being significant, it is definitely impressive. It also reminds me of someone driving an old, dodgy car, having learned all its kinks to be able to keep it running. According to a Reddit thread, the pre-modified "Jifty Jeep" has been built (and taken apart, and rebuilt) by the School of Royal Canadian Electrical and Mechanical Engineers (RCEME) for exactly this purpose. The team travels all around Canada to practice their show, trying to shave seconds off their record. There are worse hobbies.

Chrysler nets $1.6B income in Q4, Fiat profit up 5%

Chrysler announced its 2013 financial results today and unveiled its new name and decidedly bank-like logo. Amid the announcement, Chrysler posted big gains in income, while Fiat didn't perform to analysts' expectations.
For 2013, Chrysler had revenue of $72.1 billion, up 10 percent from 2012. Net income reached $2.8 billion, a 65-percent increase. It was the company's third straight year of annual profits.
In terms of unit sales, Chrysler sold 2.4 million cars worldwide in 2013, up 9 percent. According to Automotive News, 1.8 million of those vehicles were sold in the US, a 14-percent increase. The sales growth boosted Chrysler's US market share to 11.4 percent, up 0.2 percent.