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Fiat Chrysler posts record Q3 profit thanks to U.S. trucks and Jeep

MILAN — A rebound in car production in Fiat Chrysler on Wednesday reported record third-quarter earnings as production returned to nearly pre-pandemic levels. The Italian-American automaker, which is finalizing its full merger with French rival PSA Peugeot, reported a net profit in the three months ending Sept. 30 of $1.4 billion (1.2 billion euros). That compares with a loss of 179 million euros a year earlier. The carmaker reported adjusted earnings before tax and interest in North America of 2.5 billion euros. That offset deepening losses in Europe, Asia and at its Maserati luxury marquee. Latin America, the only other region to post a profit, saw it narrow by two-thirds to 46 million euros. “Our record results were driven by our teamÂ’s tremendous performance in North America,” CEO Mike Manley said in a statement. Overall, the carmaker said global earnings before tax and interest were a record 2.3 billion euros despite a 6% fall in revenues to 26 billion euros. Global shipments were down 3%, due largely to plant retooling in North American to produce the new Jeep Grand Wagoneer in the luxury SUV segment and the discontinuation of the Dodge Grand Caravan classic minivan. Fiat Chrysler announced earlier Wednesday that its merger with PSA Peugeot is on track to be finalized by the end of the first quarter of 2021, as planned. To meet regulatory concerns, the French carmaker is selling a small stake in a components maker to get below 40% ownership. The new automaker, to be called Stellantis, will be the fourth biggest producer in the world. Earnings/Financials Chrysler Dodge Fiat Jeep RAM Citroen Peugeot

Dodge Charger SRT Hellcat Redeye Widebody expected for 2021

As of writing, Dodge still won't confirm that a Charger SRT Hellcat Redeye Widebody exists, even though camouflaged and debadged versions have already been spotted. Furthermore, before the automaker was forced to cancel this year's LX Sprint Fest 15, a poster advertising the event pictured a Charger SRT with a Dodge Demon-like hood, thought perhaps to be a "concept" version of the sedan in question. Once expected as a product for the 2020 model year, the sedan according to Mopar Insiders is now on the way for 2021 with tweaked looks to go with the centerpiece 6.2-liter Hemi V8 with 797 horsepower and 717 pound-feet of torque. The biggest cosmetic change will be the hood, a larger, redrawn center scoop dominating the front and feeding a cold-intake system pulled from the Demon. The two heat extractors move further back on the hood and rotate 90 degrees to face the sides of the sedan instead of facing the windshield. It will be available only in widebody form, and Redeye badges will adorn the grille, fenders, and decklid. Under the skin, changes compared to the Charger SRT Hellcat include a 6,500-rpm redline, 500 rpm higher than the 707-hp Charger Hellcat, a second dual-stage fuel pump, fitment of the SRT Power Chiller and the SRT After-Run Chiller also from the Demon, as well as stronger prop shafts and half-shafts. MI also mentioned the availability of either a standard 2.62 final drive ratio or an optional 3.09 final gear, production intent for concept wheels that were slated to show at LX Spring Fest, and a new SRT Performance Spoiler. The changes could drop the dash to 60 miles per hour a couple of tenths to 3.4 seconds, and get the widebody's top speed back over the 200-mph mark.  The question now is when the sedan will make its debut. MI thinks the Charger SRT Hellcat Redeye Widebody will first greet the public at FCA's What's New media roundup this summer. However, with this month still obscured by coronavirus clouds and even late summer events still being canceled, its impossible to know when we'll get a look at the new muscle sedan. Related Video:    

11 vehicles from Barrett-Jackson Las Vegas worth watching

This weekend will see the world's collector car crowds descend on Las Vegas, NV for one of the biggest shows on Barrett-Jackson's popular auction circuit. There are hundreds of vehicles up for bidding, ranging from a brand-new Lamborghini Aventador to a spattering of Art Deco classics and a huge swath of classic muscle cars.
While it's virtually impossible to assemble an inarguable list of the best cars coming during the three-day, 700-plus vehicle auction, we've sifted through the listings for this year's show - it was a tough assignment, we promise - and assembled a list of what we think will be some of the most interesting lots. We'll admit, it's a bit heavy on American iron, but if you browse BJ's listings, you'll come to a similar conclusion. Still, scroll down for our list of what we think will be the most interesting vehicles at the upcoming auction.