Current:Home > MarketsThe unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring -Wealth Evolution Experts
The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring
View
Date:2025-04-13 04:04:09
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! (1)
Related
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- If you see this, destroy it: USDA says to 'smash and scrape' these large invasive egg masses
- Lego moves to stop police from using toy's emojis to cover suspects faces on social media
- Tiny, endangered fish hinders California River water conservation plan
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- How Jesse McCartney Managed to Avoid the Stereotypical Child Star Downfall
- What to know about the Francis Scott Key Bridge collapse in Baltimore that left at least 6 presumed dead
- Who should be the NBA MVP? Making the case for the top 6 candidates
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Orlando Magic center Jonathan Isaac defends decision to attend controversial summit
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Suspect used racial slur before fatally stabbing Walmart employee, 18, in the back, police say
- How Jesse McCartney Managed to Avoid the Stereotypical Child Star Downfall
- Why did the NFL change the kickoff rule and how will it be implemented?
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Youngkin acts on gun bills, vetoing dozens as expected, amending six and signing two pairs
- Kansas moves to join Texas and other states in requiring porn sites to verify people’s ages
- Jake Paul, Mike Tyson take their fight to social media ahead of Netflix bout
Recommendation
New data highlights 'achievement gap' for students in the US
'GASP': Behind the shocking moment that caused Bachelor nation to gush in Season 28 finale
Famed American sculptor Richard Serra, the ‘poet of iron,’ has died at 85
Jake Paul, Mike Tyson take their fight to social media ahead of Netflix bout
Rylee Arnold Shares a Long
Texas’ migrant arrest law is on hold for now under latest court ruling
2 brothers attacked by mountain lion in California 'driven by nature', family says
Here’s what we know about the allegations against Shohei Ohtani’s interpreter, Ippei Mizuhara