Jeep® “Whole Again” OFFICIAL COMMERCIAL

February 4, 2013

It’s been a rough few years under Barack Obama.

The ad would be more convincing if Jeep didn’t open up jobs in China this month and not America.

Here is the video …

Chrysler CEO Sergio Marchionne announced the plans in mid-January.

The Detroit News reported, via The Examiner:

As part of our global expansion of the Jeep brand, there are some cars — that because of the price position in the market — can never be made in the U.S. and exported,” Marchionne told reporters on the sidelines of the North American International Auto Show. “We’re going to be announcing the first step in the globalization of Jeep (in China). There’s another one that’s going to come in Russia. These things are part of a natural process of expansion.”

Marchionne said he will keep “the pillar cars of the Jeep (brand) in the United States. Wrangler is one. The Grand Cherokee is another. These are things that need to be protected because they represent the best and the essence of Jeep. If you tell me I cannot make a Patriot somewhere else, I might as well go out of the market.”

If America is ever “made whole” again, it likely won’t be because of Jeep.

Yes it is sickening, but cheap cars are made in China not the USA.


European Banks Downgrade Fiat, Share Prices Tumble

November 24, 2012

Shares of Chrysler parent company Fiat SpA fell by 5.9 percent on Tuesday. Two European banks downgraded the company’s stock, with UBS AG dropping the company’s stock from a “buy” rating to “neutral.” Likewise, Deutsche Bank cut the company’s shares from “hold” to “sell” amid concerns that the company will need a new cash infusion to fund CEO Sergio Marchionne’s plans for the automaker. Marchionne has made it clear he plans to purchase the remainder of Chrysler, which will require Fiat to raise somewhere between 1.6 billion and 2.9 billion euros. That’s due in part to the fact that the company may have to start paying fair-market value for Chrysler stock as the company’s initial public offer grows near.

Bloomberg reports Marchionne is keen to increase the Fiat stake in Chrysler in order to access the profitable North American manufacturer’s cash flow. Fiat could then use those funds to jump start its ailing European operations, though Marchionne has been quoted as saying Fiat doesn’t need Chrysler’s cash to bring its EU business in line. Last quarter, Fiat reported 20 billion euros of available liquidity, down from 22.7 billion euros at the end of June


Chrysler Readies Nine-Speed Auto Transmissions to Cut Fuel Consumption

November 23, 2012

Pre-dates Obama and his stupid EPA … It’s been known for decades how to do this, just space out the gears for lower of-the-line grunt, then lower the cruise RPM with overdrive ratios for better fuel economy. The new Mercedes designed Chrysler built 3.6 liter six is the perfect engine for this match-up.

Jeep Grand Cherokee is set for the 8-speed up grade this coming January.

A 16% improvement in fuel efficiency is expected from nine-speed transmission

Automakers are pulling out all the stops and looking to squeeze every single mile per gallon out of their automobiles by any means necessary. Automakers are looking at more fuel-efficient engines with smaller displacements, but they’re also looking at reducing the weight of vehicles and increasing the number of forward gears used in car/truck transmissions.

Adding forward gears to a transmission makes a lot of sense because the slower the engine spins, the less fuel it consumes. In years past automatic transmissions used in vehicles commonly had four or five forward gears. More recent vehicles are moving up to six-speed and in some cases even eight-speed automatic transmissions in luxury vehicles. Chrysler is eyeing even more gears inside with nine-speed gearboxes for more mainstream vehicles.

According to Mircea Gradu, vice president transmission powertrain driveline engineering, Chrysler will roll out its first nine-speed transmission by the first half of 2013. “I’m convinced that, sooner or later, others will come up with similar solutions,” Gradu said in an interview from his office in Auburn Hills, Michigan, where Chrysler is based. “Hopefully, the time will be as long as possible until they catch up with the technology.”

Chrysler CEO Sergio Marchionne believes that the automaker and its various brands will be able to meet looming fuel-efficiency standards by using technology that improves traditional gasoline engines combined with better transmissions rather than moving to plug-in hybrids and pure electric vehicles. CAFE standards will reach 54.5 mpg by 2025.

Michael Omotoso, a powertrain analyst at LMC Automotive, said, “They’re [Chrysler] doing basically the bare minimum to satisfy government regulations. Their strategy is to meet the standards with minimum investment.”

Bloomberg reports that the nine-speed transmission Chrysler is developing could boost fuel economy of certain models by as much as 16%. Chrysler has already scored a 15% boost in the highway fuel economy of the Chrysler 300 and Dodge Charger by adding an eight-speed automatic transmission.

Source: Business Week


Marchionne’s letter on Jeep production in U.S.

October 31, 2012

Somebody is shading the truth…

Here’s what the relevant portion of Marchionne’s memo, published in full at the Detroit News  actually says:

We also are investing to improve and expand our entire U.S. operations, including our Jeep facilities. The numbers tell the story:

- We will invest more than $1.7 billion to develop and produce the next generation Jeep SUV, the successor of the Jeep Liberty — including $500 million directly to tool and expand our Toledo Assembly Complex and will be adding about 1,100 jobs on a second shift by 2013.

- At our Jefferson North Assembly Plant, where we build the Jeep Grand Cherokee, we have created 2,000 jobs since June 2009 and have invested more than $1.8 billion.

- In Belvidere, where we build two Jeep models, we have added two shifts since 2009 resulting in an additional 2,600 jobs.

With the increase in demand for our vehicles, especially Jeep branded vehicles, we have added more than 11,200 U.S. jobs since 2009. Plants producing Jeep branded vehicles alone have seen the number of people invested in the success of the Jeep brand grow to more than 9,300 hourly jobs from 4,700. This will increase by an additional 1,100 as the Liberty successor, which will be produced in Toledo, is introduced for global distribution in the second quarter of 2013.


Jeep Grand Cherokee logs its best December Sales month in six years

January 6, 2012

Jeep Grand Cherokee logs its best sales month in six years … The Jeep brand is continuing to post record sales numbers. 127,000 Jeep Grand Cherokees were sold  in calendar 2011.

U.S. Grand Cherokee sales rose 51% in 2011, hitting 127,744, and over 50,000 of the similar Dodge Durangos were sold in the same year. Demand for the Grand Cherokee and Durango has remained strong, and the Grand Cherokee SRT8, though condemned by some enthusiasts for its price, appears to be selling briskly at many dealerships.

Jeep fans have been requesting diesel-powered vehicles for many years, because their torque at low engine speeds is ideally suited both to heavy vehicles and to off-road use. Diesels also tend to get far better gas mileage than similar gasoline engines, especially in highway use. They tend to produce relatively high torque and low horsepower, and usually have a much lower operating range than gasoline engines; it is possible Jeep was waiting for wider availability of the new ZF 8-speed automatic before using a diesel. Latest — Jeep Grand Cherokee Diesel Coming for 2013

While no official word has been released, many expect the Grand Cherokee to use the same VM Motori diesel as in Europe, coupled to the eight speed automatic.

“Our future, like the history of our brands, is interwoven with the City of Detroit,” said Chrysler Group Chairman and CEO Sergio Marchionne. “Detroit long has been home to renowned innovators and craftsmen. So it is in the Motor City, home of our industrial heritage and a resilient people, that we are entrusting the manufacture not only of the ultimate American sports car, the SRT Viper, and the Jeep Grand Cherokee – the most awarded SUV ever – but also a diesel version of the Jeep Grand Cherokee for North American markets.

“We believe that investing in Detroit is not only the right thing to do, but it is a smart thing to do as we work to write the next chapter in our shared history,” Marchionne said.


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