Current:Home > InvestThe unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring -Wealthify
The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring
View
Date:2025-04-25 00:50:27
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! (5)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Can Florida win Stanley Cup? Panthers vs. Oilers Game 4 live stream, TV, time, odds, keys
- Charles Barkley says he will retire from television after 2024-25 NBA season
- $50M wrongful conviction case highlights decades of Chicago police forced confessions
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- NBA great Jerry West wasn't just the logo. He was an ally for Black players
- Euro 2024: Spain 16-year-old Lamine Yamal becomes youngest player in tournament history
- Judge issues ruling in bankruptcy case of Deion Sanders' son Shilo
- What do we know about the mysterious drones reported flying over New Jersey?
- Kansas lawmakers poised to lure Kansas City Chiefs from Missouri, despite economists’ concerns
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- 2 killed and several wounded in shooting during a Juneteenth celebration in a Texas park
- Luka Doncic shows maturity in responding to criticism with terrific NBA Finals Game 4
- 'Predator catchers' cover the USA, live-streaming their brand of vigilante justice
- Meta releases AI model to enhance Metaverse experience
- U.N. official says he saw Israeli troops kill 2 Palestinians fishing off Gaza coast
- Musk discusses multibillion-dollar pay package vote at Tesla's annual shareholder meeting
- Judge could soon set trial date for man charged in killings of 4 University of Idaho students
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
What College World Series games are on Saturday?
Decomposed remains of an infant found in Kentucky are likely missing 8-month-old girl, police say
How much do you spend on Father's Day gifts? Americans favor mom over dad, survey says
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Oilers on brink of being swept in Stanley Cup Final: Mistakes, Panthers' excellence to blame
US Coast Guard says investigation into Titan submersible will take longer than initially projected
Hiker falls 300 feet down steep snow slope to his death in Colorado