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Auto blog
Chrysler reports $166M net income for Q1, down $307M vs. 2012
Mon, 29 Apr 2013Preliminary first-quarter results from 2013 have been announced by Chrysler, and the company is reporting a net income of $166 million on revenue of $15.4 billion. Compared to this period last year, net income is down $307 million and revenue has dropped $1 billion.
Chrysler says that its quarter was negatively affected by the costs associated with launching its 2013 Ram Heavy Duty, 2014 Jeep Grand Cherokee and preparation for the return of the all-new 2014 Jeep Cherokee pictured above. The launches should provide a strong second half of 2013, says the automaker. "We remain on track to achieve our business targets, even as the first-quarter results were affected by an aggressive product launch schedule," said Chrysler Group LLC Chairman and CEO Sergio Marchionne.
On a positive note, the automaker says worldwide vehicle sales are up 8 percent from one year ago, a number pushed by a 12 percent bump in U.S. retail sales. In addition, domestic market share has risen slightly, up to 11.4 percent from 11.2 percent last year. Read more in the official statement below.
2014 Jeep Cherokee: June 2014
Wed, 09 Jul 2014I got a text message from Editor-In-Chief Sharon Carty one afternoon proclaiming that her new favorite SUV is our long-term 2014 Jeep Cherokee. And she's not alone. I'm not sure if anyone else on staff would go so far as to use the "favorite" descriptor, but after just over a month of honeymooning with our new long-termer, it's safe to say that the Jeep is quickly finding its way into the good graces of a number of Autoblog staffers.
There's good reason for all that praise, too. Thus far, the Jeep has proven itself to be incredibly competent and comfortable for daily life - it's functional, quiet, and packed with a host of amenities that make it easy to live with. It's been wholly trouble-free (with less than 4,000 miles on the clock as of this writing, it ought to be), but even nitpicks have been few and far between.
Jeep Wrangler by Vilner takes extreme luxury off-road
Mon, 20 Jan 2014Vilner turned its customary and intensely luxurious attentions to a two-door Jeep Wrangler Sahara Unlimited back in 2012, following that up this year with its take on the four-door version. A coat of lustrous black paint outside is brightened up LED headlights, foglights and taillights and layers of chrome laid on the grille, mirrors, door handles and fuel filler cap.
Stance gets an injection of brawn from the 20-inch wheels, and they'll roll faster thanks to the power upgrade from 197 horsepower and 339 pound-feet of torque in the 2.8-liter diesel to 257 hp and 412 lb-ft.
Inside is furious red, with cross-stitched crimson leather and Alcantara demanding your focus. When you can look away from that, you'll find the raw metal parts painted black and again ornamented in minor applications of chrome. Feel free to feast on it in the high-res gallery above.