The Hennessey-prepped Jeep Grand Cherokee SRT600 is once again in the center of attention of the Bulgarian design firm Vilner. Back in October 2010, the company had launched its first take on the Hennessey Grand Cherokee SRT600 that packs a modified V8 engine fitted with a "Vortech" turbo system for an output of 600-horses.

For its second go on the Jeep, Vilner completely revamped the interior with red and black Alcantara combined with black leather trimmed in red seams. The company says it also designed a new flat-bottom steering wheel with its shape customized to fit the owner's personal preferences.

General Motors, Ford and Chrysler have all announced higher sales in July compared to the same month of 2010. GM reported today that its sales increased by 8% compared to July 2010. Passenger car sales rose by 8% and deliveries of crossovers by 20%.

It’s the same story over at Ford, with car sales increasing by 3 percent and light trucks by 12% for a total increase of 6%, as well as for Chrysler, which saw its July sales rise by 20% thanks to a new range of models and a 46% increase in Jeep deliveries.

The Fiat Group is getting ready to take its alliance with Chrysler to the next level with the presentation of three new models including an SUV and two luxury sports sedans, all using key technology and components from the Chrysler Group's lineup, according to a report from Autonews.

First up is the long-rumored Maserati SUV model, which is said to be previewed by a concept study (not to be confused with the independent design rendering by Andrey Trofimchuk that is pictured in this article) at the upcoming 2011 Frankfurt Motor Show in September, before landing in showrooms in 2013.

Two years ago, Chrysler was saved from oblivion when the federal government provided a $15 billion bailout and orchestrated a rescue plan that gave the Fiat Group the management control of the company.

Last week, the Italian automaker raised its share in Chrysler beyond 50% for the first time, to 53.5%.So Fiat saved Chrysler in 2009, right? Well, yes, but 2011 is another story altogether.

You see, Chrysler’s US sales increased by 21% in the first six months of the year, whereas Fiat’s European deliveries dropped 12.7% in the same period. But that's only half the story. With the exception of the Maserati and Ferrari brands, the Chrysler Group will contribute to the alliance €155 million for June alone, while Fiat €175 million for the past three months.

The Fiat Group today purchased the remaining Chrysler LLC shares held by the U.S. and Canadian governments. The Italian company acquired a 1.5% fully diluted stake in Chrysler Group LLC from Canada for US$125 million, and a 6% stake from the United States Department of the Treasury for a price of US$ 500 million.

After acquiring the shares in the two separate deals, the Fiat Group now controls a 53.5% fully diluted equity interest in Chrysler LLC.

Upon the completion of the deal, U.S. Assistant Secretary for Financial Stability Tim Massad released this statement:

“With today's closing, the US government has exited its investment in Chrysler at least six years earlier than expected. This is a major accomplishment and further evidence of the success of the Administration’s actions to assist the US auto industry, which helped save a million jobs during the worst economic crisis since the Great Depression.”

Canada’s economy seems unaffected by most of the Western World’s woes, where markets are struggling and unemployment is booming. In fact, Canada’s economy is growing and as a result, unemployment is falling and people are getting jobs. Therefore, they have money to buy cars, or light trucks, pickups and SUVs. Read more »

The Chrysler Group’s newly formed Street and Racing Technology (SRT) brand has released pricing on its latest crop of models, which include the 2012 Chrysler 300 SRT8, the 2012 Dodge Charger SRT8, the 2012 Dodge Challenger SRT8 392 and the 2012 Jeep Grand Cherokee SRT8.

Prices together with an $825 destination fee start at $47,995 for the Chrysler 300 SRT8, $46,660 for the Dodge Charger SRT8, $44,077 for the Challenger SRT8 and $55,295 for the Jeep Grand Cherokee SRT8.

All four SRT8 models are powered by the Chrysler Group’s new 6.4-liter HEMI V8 with Fuel Saver Technology that cranks out 470 horsepower (351kW) and 470 lb-ft (637Nm) of peak torque (465 lb.-ft. / 630 Nm in the Grand Cherokee SRT8).

As well as announcing the U.S. market launch of the JK-8 kit that carries a $5,499 sticker, Chrysler’s Mopar division also released a new time-lapse video that shows us a team of workers turning a four-door Jeep Wrangler Unlimited into a pickup truck with a small bed at the back.

According to Mopar Performance Team engineer, Steve Houtman, it took the four-man crew (or at least that’s our count of the number of people seen working on the Jeep) about an hour to complete the transformation using the JK-8 kit. Watch them in action for yourself in the clip after the break.

Those of you that fancy turning your four-door Jeep Wrangler Unlimited into a two-door pickup truck will be happy to know that the firm’s much-talked about JK-8 Kit is available for order now through Mopar at Chrysler, Jeep, Dodge and Ram dealerships, with pricing set at $5,499.

However, Jeep does note that the JK-8 kit, which comes with a three-year/36,000-mile warranty, is for “skilled do-it-yourselfers”. For the less handy amongst us, the company said that the kit may be purchased and installed at a Chrysler, Jeep, Dodge or Ram dealership.

The refreshed Jeep Compass SUV will go on sale in the UK on April 15 with prices ranging from £16,995 ($27,783) for the base model to £23,995 ($39,227). Available in 2WD versions as well as 4WD, the Compass is offered with a three-year or 60,000-mile warranty.

Earlier today, we showed you the Jeep Wrangler JK-8 Independence pickup truck [DIY] conversion, and now its time to give you a sneak peek of the rest of the vehicles Jeep and Mopar are planning to bring to the upcoming 45th annual Moab Easter Jeep Safari in Utah on April 16.

The list includes the Jeep Compass Canyon, Cherokee Overland, Grand Cherokee Off-road Edition, Wrangler Renegade, Wrangler Pork Chop, Wrangler Blue Crush and the Mopar Ram Truck Runner.

One of the most impressive looking models is the Jeep Wrangler Blue Crush, which is said to combine “high-speed off-road racing and rock-crawling capability.” The high-riding Wrangler packs a Mopar 426 cubic-inch HEMI V8 with 540 horsepower that is paired with a 545RFE performance transmission and a gear-drive transfercase.

Some of you may remember the 2005 Jeep Gladiator concept study for a pickup truck version of the Wrangler, which for many reasons, never came to fruition. But if you happened to like the idea of a light-duty hauler based on the Wrangler, then Jeep may have the answer for you with its new JK-8 Independence package.

The do-it-yourself Mopar kit allows owners to convert a 4-door Jeep Wrangler Unlimited into a two-door pickup truck with seating for two and a pickup style bed. After the conversion, the bed length is 50 inches and the width between wheel wells is 44 inches. The package includes all the necessary parts such as the bed floor, inner and outer body panels, half hard top (works with Freedom Top panels), and a new bulkhead.

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.

At the upcoming 45th annual Moab Easter Jeep Safari event that takes place in Utah from April 16-24, the Chrysler Group will display six new vehicles, including two Jeep Wrangler concepts. The company revealed two teaser sketches of the Jeep Wrangler “Renegade” and “Pork Chop” editions, which are modified versions of the standard Wrangler. Further details are to be released closer to the event. Read more »

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.

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.