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Chrysler banks $507 million in Q2, trims 2013 earnings forecast

Chrysler has some good news and some bad news. First, profits were up 16 percent over the second quarter of 2012, bringing the Auburn Hills, Michigan-based manufacturer $507 million on the back of strong demand for trucks and SUVs (a recurring theme this quarter, particularly in the US). Q2 revenue was up as well, from $16.8 billion in 2012 to $18 billion in 2013. The bad news is that the Pentastar's overall earnings forecast for net income in 2013 has been trimmed from $2.2 billion to between $1.7 and $2.2 billion, according to Automotive News.
In addition to the adjusted net income forecast, Chrysler tweaked its operating profit from $3.8 billion to between $3.3 and $3.8 billion. This has gone largely unexplained by Chrysler, perhaps hoping the news of a three-percent increase in its transaction prices for Q2 will allow it to sweep this adjustment under the rug.
The star of the show for Chrysler has been its US sales, which saw a 10-percent jump, both bettering the industry average of eight percent and improving over the same stretch of 2012. As with the increase in transaction prices, Chrysler has the new Ram pickup and Jeep Grand Cherokee to thank. Perhaps most worrying from this report, though, is that every brand in the automaker's stable saw an increase in sales... except for the Chrysler brand itself.

2019 Dodge Challenger Hellcat with twin-scoop hood spied with no camouflage

Dodge recently teased an updated 2019 Challenger SRT Hellcat sports coupe complete with an all-new hood with dual scoops. It didn't reveal anything else about the vehicle, saying more details were coming. And now we have more details, but not in the way Dodge probably wanted. We can now see the updated Hellcat with the new hood. To be perfectly honest, it's pretty much what we expected. The teaser photos indicated that the hood was the only major body change, and this car confirms it. The rest of the body is identical to a normal Hellcat. The bumpers, grille mesh, even the wheels are all standard Hellcat parts. Even the slotted rotors and Brembo calipers look the same. This car does suggest that the hood will be available on both the narrow-body Hellcat and the Hellcat Widebody, the latter of which was featured in the teaser images. There is actually one other minor difference on this 2019 Hellcat's exterior, and that's the grille badging. There's now a vintage-style badge with "Challenger" written in script off to one side. Currently only one grille and badge design is available on Hellcat, and it features just the SRT Hellcat logo. It appears the SRT badge is still present, but blocked off on this prototype. So it's possible this new badge comes with the new hood as a sort of retro package for Hellcat. We should have all the details on this and other 2019 Challengers when the car is officially revealed later this summer. Related Video: Featured Gallery 2019 Dodge Challenger SRT Hellcat Spy Shots View 11 Photos Image Credit: KGP Photography Spy Photos Dodge Coupe Performance dodge challenger srt hellcat

2019 Dodge Challenger SRT Hellcat is getting a meaner hood

Though we weren't really worried Dodge would discontinue it, we're glad to hear the Dodge Challenger Hellcat will continue into the 2019 model year. It's also getting some updates for the new year, as shown in these teasers from Dodge. The biggest one we can see is the hood, which trades the relatively subtle center scoop and dual heat extractors for a pair of big angry nostrils. Dodge says the twin hood scoops are a throwback to past Dodge performance models, take the Dart Swinger, for example. They also bring to mind some mid- to late-2000s Pontiacs, but we'll try to focus on the classic Mopars. A little bit of Photoshop work helps highlight some other aspects of the 2019 Challenger Hellcat. The Hellcat Widebody will clearly continue for the new year, too, as the vehicle in the teaser image has the bulging arches found on that Challenger as well as the one-year-only Demon. We can also make out five-spoke wheels that may have split spokes. Most of the body looks like the current model, too, so we don't expect any major changes to the chassis or powertrain. The only other information Dodge revealed about the 2019 Challenger is that more information will come this summer. So expect to hear more in just a few months. Related Video: Featured Gallery 2019 Dodge Challenger SRT Hellcat Image Credit: Dodge Dodge Coupe Performance dodge challenger srt hellcat