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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.

Jeep Comanche Moab Concept: Hell yeah!

The moment I saw the Jeep Renegade I knew it was a winner, at least in terms of styling. The Renegade's "face" is exactly what small 21st-century Jeeps should look like. It has loads of Jeep's visual heritage DNA – important! – that has been brought up-to-date in the best possible way. (Now if only they could graft that face on to the new-ish Cherokee...). Where the Renegade falls short is what's under the skin. Thanks to misguided marketing, it is saddled with a rather unremarkable USA-spec 2.4L four, undersized tires, so-so ground clearance, an iffy 9-speed automatic, and a questionable (available) low range. I don't mind the independent suspension; in fact I embrace it, as IFS/IRS is the future in terms of off-road suspension design. So, for me, the Renegade is a close-but-no-cigar vehicle, at least as it currently stands. This new Comanche, however, shows how the Renegade can evolve; both as a 4-door SUV, and in terms of how spin-off models can be developed. Big beefy tires, flared out fenders, and great ground clearance are the main ingredients that make this work visually. Still wish for a 3.6L V6 under the hood, but the 2.0L diesel isn't a bad alternative. Anyway, I think a Comanche pickup makes more sense than the predicted Wrangler-based pickup. Why? I'm not big on retro-vehicles in general. Rarely do they survive long term. Besides, the Comanche would be far more civilized and livable. I could see this Comanche pickup as a daily driver much more so than a Wrangler-based pickup. Yeah, I like and value creature comforts over ultimate off-road ability. I think most pickup buyers would agree. Finally, while there is a large devoted Wrangler following who would love a Wrangler-based pickup, I bet this Renegade-based Comanche would bring more new customers into the Jeep tent – especially over a much wider age demographic. Related Video: Image Credit: FCA Jeep jeep comanche open road

Jeep Patriot replacement adopts tiny Grand Cherokee styling

After almost a year out of the spotlight, we've finally snagged our second set of images of Jeep's new CUV. Set to replace both the Patriot and Compass, these latest images reinforce what we originally thought about Jeep's newest model – it's a baby Grand Cherokee. These 15 images provide the best look yet at the new sheetmetal, details, and interior. Starting with the skin, it's like Jeep's designers scaled down the Grand Cherokee's profile to fit on the new crossover's stretched Renegade platform. The headlights, grille, and taillights looked like shrunken items from Jeep's flagship crossover, too. This is good news – even after its 2011 facelift the Compass was a homely little thing, and the Patriot was boxy at a time when CUVs were going for smoother, more aerodynamic lines. Jeep's new CUV is avoiding those mistakes by aping one of the company's most popular designs. Only the driver's seat, steering wheel, and center stack appear in the interior images, so we can't tell how the stretched chassis impacts rear-seat legroom compared to the Renegade/Fiat 500X. But in front, it looks like a Jeep – FCA's corporate steering wheel and HVAC controls are present and accounted for, but the usual touchscreen display looks bigger the expected 8.4-inch unit. That could just be the camera angle playing tricks on our eyes. We can't make any judgments about the material choices, but we'd expect quality to be on par with the larger Cherokee. Under hood, our spies report that FCA's nine-speed automatic will be the only transmission choice. FCA will call on its new 2.0-liter, Hurricane four-cylinder engine, the spies claim, but we also expect the less powerful 2.4-liter, four-cylinder from the Renegade and Cherokee. Apparently, production will begin by the end of the year. Short of a shotgun launch immediately after a Detroit debut, that virtually guarantees a debut in Los Angeles (or possibly Paris). Related Video: Featured Gallery Jeep C-Segment CUV: Spy Shots View 15 Photos Image Credit: CarPix Spy Photos Jeep Crossover Off-Road Vehicles jeep compass jeep patriot