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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.

Want a new 2017 Viper? You'd better call Gerry Wood Dodge

As unfortunate as the news may be, the Dodge Viper is entering its final year of production. Slow sales and increased safety regulations have finally killed Dodge's big, brutish, and beautiful supercar. It will be missed. According to Motor Authority, those looking to pick up one of the last remaining models will have to travel to Gerry Wood Dodge in Salisbury, North Carolina. The dealer has apparently managed to secure the final allocation of cars for itself. All 135 or so remaining cars will be sold exclusively through Gerry Wood Dodge. While Dodge has already sold out of the limited-edition 2017 models, Gerry Wood Dodge put a team together to research and create their own unofficial limited-edition cars. These will be ordered in specific and unique color and option combinations. Dodge offers more than 8,000 colors for the Viper, so picking out a few unused shades couldn't have been too difficult. While these aren't official, it should provide some bragging rights to owners who manage to secure one of the special cars. Despite the exclusivity and hoarding the final few vehicles, Gerry Wood Dodge doesn't plan to add a dealer markup to the car. They claim to never markup cars over MSRP, which seems good for everyone but them. We won't complain. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2016 Dodge Viper ACR: First Drive View 26 Photos News Source: Motor AuthorityImage Credit: Copyright 2016 Michael Austin / AOL Dodge Car Dealers Coupe Performance

Ranking Dodge's Charger Hellcat with the fastest sedans in the world

"This is a car that most brands would never bring to market." - Tim Kuniskis
Dodge CEO Tim Kuniskis had reason to be confident, perhaps even a bit cocky at the reveal of his brand's newest halo car, the 2015 Dodge Charger SRT Hellcat. As he said simply, it's the "quickest, fastest and most powerful sedan in the world."