2000 Dodge Caravan Runs And Drives Great No Reserve on 2040-cars

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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.

Indications of 825 hp and emissions issues for Hellcat called 'speculation' by Chrysler

The 2015 Dodge Challenger SRT Hellcat is probably one of the hottest cars of the moment mostly because of its insane, 707-horsepower supercharged V8. However, there are conflicting reports coming out that the powerplant might be having problems with its emissions compliance and may be capable of even more power.
Jalopnik says that an unnamed source within Fiat Chrysler Automobiles told it that the Hellcat was having problems meeting emissions standards at its 707-horsepower tune. The person claimed that the automaker has been testing the V8 with different types of sensors, possibly to make it a bit cleaner in the future. Autoblog spoke to SRT spokesperson Dan Reid, and he said about the claimed poor emissions, "It's totally speculation."
The source also claimed that the Hellcat had been dynoed at a monumental 825 horsepower, internally. Based on the other rumor, though, it's hard to imagine the engine being emissions compliant like that. Autoblog also asked Reid about this speculation about more power and was told, "They are totally speculating about that."

Chrysler slows minivan production, hasn't built VW Routan this year

Chrysler has slowed production of its Town and Country and Dodge Grand Caravan minivans this week, Automotive News reports. The Windsor, Ontario plant will cut its three shifts from eight hours each to four hours each in an effort "to align production with market demand," a Chrysler spokesperson told AN. Chrysler also builds the closely related Routan minivan for Volkswagen at its Ontario facility, but has not built a single example thus far in 2013.
Sales of Chrysler's minivans fell 15 percent for the first two months of 2013, and a large part of that has to do with the 26-percent drop of the Grand Caravan alone (the T&C was only down by one percent). According to Automotive News data, as of March 1, Chrysler had an unsold inventory of 24,713 Town and Country models and 18,547 Grand Caravans - a 69- and 43-day supply, respectively.
"No sense running full speed now, then have a lot of vehicles sitting around a few months down the line," Chrysler spokeswoman Jodi Tinson told AN. Full production is expected to resume again on March 18.