Current:Home > StocksThe unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring -Global Capital Summit
The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring
View
Date:2025-04-14 00:31:50
DETROIT (AP) — Tim Kuniskis, CEO of the Ram and Dodge brands and the unofficial voice of American muscle cars, is retiring after nearly 32 years with Stellantis.
The announcement Friday comes as Stellantis struggles with U.S. sales as it begins the transition from internal combustion to electric vehicles. Through April, its sales were down 14.1% while the industry as a whole saw a 3.1% increase, according to Motorintelligence.com.
For years Kuniskis was the spokesman for high-performance American cars, introducing many powerful models including last year’s 1,025 horsepower Challenger SRT Demon 170.
But in March Kuniskis led the unveiling of two battery-powered versions of the Charger muscle car, while keeping one gas-powered version of the Charger without a big Hemi V8.
Recently Kuniskis was CEO of both the Dodge and Ram brands. He’ll be replaced at Ram by Chris Feuell, who will take on Dodge in addition to her duties leading the Chrysler brand.
Matt McAlear will become Dodge brand CEO. He led Dodge sales and has broad automotive experience, the company said in a statement.
Both brands are struggling with Dodge phasing out the old versions of the gas powered Charger and Challenger as it moves to electric vehicles. Dodge sales through April are down more than 17%. The brand also is selling the Hornet small SUV made in Italy, but it hasn’t caught on.
Ram sales are down over 29% so far this year as a Michigan factory is retooled to build an updated full-size pickup.
At a March event in Detroit showing off the new electric Chargers, Kuniskis also exhibited a gas-fueled Charger powered by a new 3-liter six-cylinder engine with two turbochargers. A high-output version will have 550 horsepower.
Kuniskis defended keeping the gasoline version and said the electric muscle cars, which will roar like gas-engine vehicles, will emphasize performance over efficiency.
Under normal circumstance, he said, about 17 million vehicles are sold annually in the U.S. “You know what? People need choices,” he said.
Kuniskis said he would expect criticism from environmental groups if Dodge had not come out with electric versions of the Charger.
“It’s designed for performance and it has low range, but it’s still a battery electric vehicle. They’re going to hate on that? Seems kind of odd.”
Globally, Stellantis’ first quarter global vehicle shipments fell 10% from a year ago to 1.34 million, and revenue dropped 12% to 41.7 billion euros ($44.8 billion).
The company blamed the revenue dip on lower sales as it manages production and inventory while launching 25 new models this year, including 18 electric vehicles. Chief Financial Officer Natalie Knight said Stellantis believes the new models will bring “materially improved growth and profitability in the second half.”
veryGood! (1992)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- California may have to pay $300M for COVID-19 homeless hotel program after FEMA caps reimbursement
- Connecticut pastor was dealing meth in exchange for watching sex, police say
- Watch extended cut of Ben Affleck's popular Dunkin' Super Bowl commercial
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Plane carrying two people lands safely in Buffalo after door blows off 10 minutes into flight
- Connecticut pastor found with crystal meth during traffic stop, police say
- Dakota Johnson's Trainer Megan Roup Wants You to Work Out Less
- The company planning a successor to Concorde makes its first supersonic test
- Bet You’ll Think About Taylor Swift and Travis Kelce’s Double Date Pic With Megan Fox, Machine Gun Kelly
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Group challenges restrictions in Arizona election manual on ballot drop-off locations
- Chocolates, flowers and procrastination. For many Americans, Valentines Day is a last-minute affair
- Republican Michigan elector testifies he never intended to make false public record
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Nick and Aaron Carter's sister Bobbie Jean Carter's cause of death revealed: Reports
- So you think you know all about the plague?
- Migratory species at risk worldwide, with a fifth in danger of extinction, landmark U.N. report says
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Social Security 2025 COLA seen falling, leaving seniors struggling and paying more tax
Group challenges restrictions in Arizona election manual on ballot drop-off locations
Charcuterie meat packages recalled nationwide. Aldi, Costco, Publix affected
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Man arrested in Jackie Robinson statue theft, Kansas police say
Feds finalize areas for floating offshore wind farms along Oregon coast
Why This Love Is Blind Season 6 Contestant Walked Off the Show Over Shocking Comments