Report: Fiat to Raise Chrysler Stake to 30 Percent within the Next Few Weeks

Fiat SpA is planning to increase its Chrysler LLC Group stake to 30 percent in the next few weeks, according to insider sources quoted by Bloomberg news. The Italian company, which currently holds a 25 percent stake in Chrysler, will get an additional 5 percent from the U.S. government after it will meet two performance criteria.

The first condition is that 90 percent of Fiat's Latin American dealers must offer Chrysler vehicles as well. To satisfy this request, Fiat CEO Sergio Marchionne plans to sell Chrysler models rebadged as Fiats in Brazil, Latin America's largest market, where the Italian brand holds the number one spot.

Read more »

Fiat to Introduce Two New Dodge-Based Sedans in China and Russia by 2013

As time goes by, Fiat SpA’s integration with the Chrysler Group LLC deepens and the results become more evident with the two carmakers making several plans for the future. Speaking at Fiat's annual shareholders meeting on March 30, Fiat and Chrysler CEO Sergio Marchionne revealed plans to launch two new Dodge-based sedans in China and Russia.

The first sedan will be a compact model built on the next generation Dodge Caliber, which is expected in the USA next January. According to an Autonews report, this model will enter production in China in the second half of 2011, while timing for the Russian launch has not yet been disclosed. The other four-door saloon will be a mid-size model based on the replacement for the Dodge Avenger, which is scheduled for launch in the USA in 2013. It will go on sale in China and Russia the same year.

Read more »

Geiger Cars Brings Limited Edition 2011 Dodge Challenger SRT8 392 to Germany

Geiger Car’s love affair with Detroit muscle continues with the German market launch of the limited run 2011 Dodge Challenger ST8 392 Inaugural Edition, of which only 1,492 examples are to be built. There is no word on how many cars Geiger Car’s managed to secure for the German market, but the starting price has been set at €55,000, which comes to around US$77,800 at the current exchange rates. Read more »

New Dodge Charger TBi Powered by Alfa Romeo’s 1.75 Liter Turbo Engine

Now here’s some news we weren’t expecting. The Chrysler Group announced today the premiere of a new variant of the 2011 Dodge Charger bearing the TBi moniker, which stands for Turbocharged Boosted Induction. The Charger TBi is powered by a four-cylinder turbocharged gasoline engine sourced from sister company Alfa Romeo. The Italian flavored 1.75-liter powerplant is the same one found on a variety of Alfa models including the Giulietta and 159, as well as the upcoming 4C sports coupe previewed in Geneva last month.

On the 2011MY Charger, the force-fed four-pot delivers a maximum output of 225HP and a peak torque of 250 lb-ft / 340Nm at just 1,900 rpm.

The Detroit automaker said that the gasoline engine “ensures performance that matches or exceeds that of a 3.0-litre V6 whilst still delivering the moderate fuel consumption which is typical of a compact, 4 cylinder unit”. The new powerplant will be matched exclusively to a new automatic "TCT" twin dry clutch transmission with eight gears.

Read more »

VIDEO: New Dodge Charger Ad Inaugurates Fast and Furious Five Partnership

If you’re a car buff, chances are you’ve heard about the next chapter in the Fast and Furious franchise that’s scheduled for release in theaters towards the end of April (see the trailer here). Being that the movie series is popular among car enthusiasts, the Chrysler Group decided to team up with Universal Pictures for a multi-tiered partnership.

Aside from providing 2010 and 2011 model year Dodge Charger vehicles used in numerous chase scenes throughout the Fast Five movie, the Detroit automaker is also sponsoring a Dodge/Fast Five advertisement that will air for the first time on Saturday, April 2 during the Final Four basketball tournaments. However, you can get a sneak peak right after the jump.

Read more »

Report: Zagato Rumored to Build Alfa Romeo TZ4 Stradale Based on Dodge Viper V10

A little less than a year ago, famed Italian coachbuilder Zagato celebrated Alfa Romeo’s centenary with the reveal of the TZ3 Corsa at the Villa D'Este Concours. Based on the hardware of the Alfa Romeo 8c Competizione, the TZ3 Corsa paid homage to its TZ predecessors. It was built as a one-off for a wealthy German collector named Martin Kapp.

In December of the same year, Zagato sent out a holiday card featuring the older TZ1 and TZ2 alongside the latest TZ3 and one more unnamed fourth model wrapped in a bow, hinting at a new TZ4. Fast forward to today, and German car magazine Autobild is reporting that the Italian coachbuilder is indeed planning a fourth TZ model, which could carry the TZ4 Stradale nameplate.

Read more »

Chrysler Group to Boost Ad Budget by 70% to $2.9 Billion in 2011

As the Chrysler Group continues its product renaissance with new or facelifted models, the Auburn Hills automaker is now looking to boost its marketing presence in the United States by increasing its advertising budget nearly 70 percent this year, from $1.72 billion in 2010 to around $2.9 billion in 2011.

The increase is even greater when compared to 2009, when Chrysler had just come out of bankruptcy and joined forces with the Fiat Group. According to the SEC filing, the Detroit firm spent just $677 million on advertising in the second half of 2009.

Read more »

Chrysler Group Recalling 248,000 Crossovers and Minivans Over Engine Shutoff Risk

More than 248,000 Dodge Journey crossovers and Chrysler Town & Country and Dodge Grand Caravan minivans from the 2010MY are being recalled because of a defect that could allow the ignition key to move from the run to accessory position while driving and cause the engine to shut off.

In a notice on the government safety agency's website, Chrysler said there are approximately 32 customer complaints and 465 warranty claims for the affected vehicles alleging inadvertent engine shutoff while driving, adding that the company is aware of 2 alleged rear-end collisions related to this problem.

Read more »

Geneva Preshow: Fiat Publishes New Photos of Freemont Crossover

The star of Fiat's exhibition area at the Geneva Motor Show and the first Fiat-branded vehicle to come out of the partnership with the Chrysler Group is the new Freemont 7-seater crossover. It doesn't take a rocket scientist to see that the Freemont is a re-badged 2011 Dodge Journey, but if for whatever reason you weren't satisfied with the first batch of official photos, the Italians have just released a more comprehensive set that includes pictures of the interior as well.

We'll remind you that the Freemont is due to go on sale in Fiat dealerships across Europe from the second half of 2011. The Italian firm's newcomer will initially come with front-wheel drive and a Fiat-sourced 2.0-liter turbo with 140HP and 170HP, linked to a manual gearbox. By the end of the year, Fiat will also offer two four-wheel drive versions fitted with the 170HP 2.0 MultiJet diesel, and Chrysler's 276HP 3.6-liter V6 petrol unit. For more details on the Freemont, check out our previous story here.

Dodge Unveils Sporty R/T Versions of Charger, Challenger, Journey, Durango and Grand Caravan

The Chicago Auto Show is the stage for the world premiere of an entire lineup of new R/T performance models from Dodge. The brand's performance moniker, which stands for Road & Track and has been in use since the 1960s, has now been applied on the latest iterations of the Charger saloon, Challenger Coupe, Journey crossover, Durango SUV and the Dodge Caravan minivan. Every R/T model receives exclusive exterior and interior design cues plus performance enhancements including special exhaust tuning and a sport suspension.

“Our Dodge R/T models give buyers the chance to stoke their love of driving while still taking care of their families and responsibilities. Driving these R/T models will absolutely leave a smile on their face,” said Dodge CEO Ralph Gilles.

Beginning with the 2011 Charger R/T, the sports sedan comes with a 5.7-liter HEMI V8 engine with four-cylinder mode Fuel Saver Technology returning 370 horsepower and a 0-60 mph (96 km/h) performance in less than 6 seconds. It is available in both rear- and all-wheel drive configurations. The MSRP for the 2011 Charger R/T is $30,170 (excluding an $825 destination charge).

The new Durango SUV in R/T trim is powered by a 5.7-liter HEMI V8 producing 360 horses and 390 lb.-ft. of torque allowing for a 7,400 lb. towing capability. Exterior appointments include a color-matched body kit, wheel lips, light bar and rear fascia with integrated dual chrome exhaust outlets. The 7-passenger interior is spruced up with sport seats featuring red stitching accents. It will go on sale this Spring with a starting U.S. MSRP of $35,465 (excluding $850 destination).

Next up on our list is the Grand Caravan R/T with a 3.6-liter V6 delivering 283-ponnies and 260 lb.-ft of peak torque, matched to six-speed auto. Unique features include a “dipped” body-color grille, body-color side moldings and exclusive 17-inch wheels plus a performance-tuned suspension. Inside, the all-black interior features exclusive perforated black leather seats with red stitching, leather-wrapped steering wheel and shift knob and a premium sound system with nine-speakers, a subwoofer and 506-watt amplifier. Prices start from $30,595 (excluding $835 destination).

The recently facelifted Journey, which will be available in Europe as the Fiat Freemont, is also getting the Dodge R/T badge for 2011. Like the Grand Caravan R/T, the Journey R/T is powered by the new 283-horse 3.6-liter Pentastar V6 engine mated to a six-speed automatic transmission.

It is available with front- or all-wheel drive and can seat five or seven passengers. The FWD model starts at $28,995 (including $750 destination) while the AWD iteration of the Journey R/T at $30,695 (including $750 destination).

The fifth and final R/T model is the 2011 Challenger. It gets a 5.7-liter HEMI V8 which delivers 372HP and 410 lb-ft of torque when paired to the refined Tremec TR6060 six-speed manual transmission for a 0-60 mph sprint in less than 6 seconds, and 372 horsepower and 400 lb.-ft. of torque when mated to a five-speed automatic transmission.

Chassis upgrades include a more aggressive front- and rear-camber geometry plus new larger diameter front- and rear-stabilizer bars. A restyled and larger front air dam, a “duck bill” front spoiler and an all-new leather-wrapped thick-rimmed three-spoke steering wheel are also part of the package. On sale now, the MSRP for the 2011 Challenger R/T is $29,670 (excluding an $825 destination charge).

2012 Dodge Charger SRT8 Breaks Cover at the Chicago Auto Show

Dodge’s rejuvenation under Fiat's umbrella continues at the Chicago Auto Show with the unveiling of the range-topping Charger SRT8. As with every SRT model, the highlight of the performance orientated version of the Charger is the new 6.4-liter HEMI V8 powerplant producing 465HP and 465 lb-ft (631 Nm) of torque. According to Dodge, the new engine is not only more powerful than the 6.1-liter HEMI unit it replaces, but also more frugal thanks the standard Fuel Saver technology, which cuts off four-cylinders in certain situations in order to improve fuel economy.

The HEMI is coupled to a 5-speed automatic transmission that can also be operated via paddle-shifters – a first for any SRT model.

“We’re continuing the fast-paced rebuilding of Dodge as our performance brand, and the expansion of our SRT product lineup in 2012 is an important part of our rejuvenation”, said Ralph Gilles, President and CEO, Dodge Brand — Chrysler Group LLCs. “The new 2012 Dodge Charger SRT8 builds on the iconic four-door fastback coupe design of the all-new Charger and adds a much larger power band across the rpm range, along with intelligent performance attributes and safety and creature comforts for customers who are passionate about performance driving.”

The Charger SRT8 also comes with adaptive damping suspension, which can adapt to specific conditions by monitoring the vehicle speed, steering angle and speed, brake torque, throttle position and lateral acceleration. The refined, fully hydraulic steering system and oversized 4-pot caliper Brembo brakes round up the technical tour de force.

On the outside, the 2012 Charger SRT8 can be recognized due to its exclusive front and rear fascias, complemented by a new rear spoiler, “racetrack” LED tail lamp and split five-spoke, 20-inch lightweight forged and polished aluminum wheels.

Inside, the SRT-exclusive steering wheel with a flattened bottom, carbon and aluminum trim pieces, plus sport seats set this car apart from the standard Charger.

The new Dodge Charger SRT8 will go on sale in the U.S. this fall as a 2012 model.

2012 DODGE CHARGER SRT8

Introduction Date: Fall 2011 as 2012 model

Engine: 6.4-liter (392 cubic inch) HEMI V-8

Estimated Power: 465 bhp

Estimated Torque: 465 lb.-ft.

Estimated Handling: .88g on skidpad

Estimated Top Speed: 175 mph

Estimated 0-60 mph: High 4-second range

Estimated ¼ mile: High 12-second range