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The Drive
10 minutes ago
- The Drive
New Jeep Cherokee Will Still Be Capable Off-Road, CEO Says
The latest car news, reviews, and features. After a multi-year hiatus, the Jeep Cherokee is officially back! And while the 2026 model will be a mid-sizer like the car it replaced, it will hit the showrooms of a very different Jeep brand operating in a challenging and unpredictable environment. Over at Stellantis, we hear they call that 'Tuesday.' But the market has changed considerably since we last saw a Cherokee. This time, it won't be going it alone against a sea of cute 'utes and dated competition. Toyota has a new Land Cruiser and a new 4Runner, Subaru and Honda have both gotten more serious about the off-road capabilities of their midsize two-rows, and Nissan says it will find a way to bring back the Xterra. Plus, being an SUV brand just isn't special anymore. It's 2025. They're all SUV brands. If you take a look at a Jeep showroom, you'll find a bunch of people window shopping for Wranglers and Gladiators, but driving off the lot in Grand Cherokees and Compasses. Where Stellantis hasn't spent the last several years pricing itself out of many mainstream markets, it has been forced to axe highly profitable, long-running products. The reasonably priced, midsize Cherokee will give Jeep dealers a third relief valve for buyers whose wallets force them to be more sensible than their hearts would otherwise allow. But just because Jeep needs volume doesn't mean its volume models necessarily have to be boring. Jeep CEO Bob Broderdorf was eager to reassure us that despite that giant elephant in the room, the new Cherokee will indeed lean into the company's 4×4 heritage. When asked about its future aspirations, Broderdorf assured us that not only will a Trailhawk happen eventually, but even the most basic Cherokee models will have the fundamental mechanical components needed to go off-road. 'It's a Jeep,' Broderdorf said, with confident emphasis. And while Cherokee arrives on the same new chassis as the company's other midsize cars and SUVs, this is not going to be a primary outlet for the company's electrification push, nor should we expect to see any of Jeep's longitudinal powertrains in the midsize Cherokee. The four-cylinder hybrid is an east-west setup with a traditional mechanical transaxle and prop shaft going to the rear. In other words, no, that thang ain't got a Hemi, nor should you expect one. The only question Broderdorf wasn't able to answer is 'When?' Got a tip? Let us know at tips@
The Drive
10 minutes ago
- The Drive
The 2026 Jeep Cherokee Returns as a 37 MPG Hybrid starting at $37,000
The latest car news, reviews, and features. The Jeep Cherokee has led a long, meandering, and (more than once) interrupted life. From enthusiast darling to on-again/off-again volume crossover, its life has also been complicated. After a few years in 'off-again' mode, the Cherokee is returning for 2026, where it will slot into a growing Jeep lineup that just recently added the battery-electric Wagoneer S and will soon gain the off-roady Recon, along with returning and new Hemi-powered variants of some existing models. After years of price creep and increasing exclusivity, Jeep is doing its best to pivot back to the people. And what do people want right now? Put simply, hybrids. In case you hadn't noticed, rugged midsize SUVs are kind of hot right now. Don't believe me? Check your favorite manufacturer. If it hasn't already added one to the lineup, chances are it will be along shortly. Nope, nothing's sacred anymore. But Cherokee? The Cherokee helped create this space. And what's the saying? 'Absence makes the heart grow fonder,' right? You'd be forgiven for finding the last-gen Cherokee somewhat uninspiring. It lacked previous incarnations' squared-off shoulders and rough-around-the-edges finish. Both were still present when Jeep renamed it the Liberty, but in exchange, you got a chassis cast from powdered rust and half-hearted prayers. At launch, the Cherokee will ship in just one configuration: an all-wheel-drive hybrid. The 1.6-liter turbocharged engine is paired with an electric motor and a 1.08-kWh NCM-Graphite battery. Nope, no plug. Total power output is rated at 210 horses and 230 lb-ft of torque. Power gets to all four wheels via a CVT and Jeep's 'Active Drive I' 4×4 system, which includes a simple single-speed transfer case and automatic torque apportionment. We're told it'll return a very un-Jeep-like 37 mpg combined. The 2026 Cherokee will start at $36,995 (including a $1,995 destination charge)—or at least it will eventually . Jeep is launching with the Limited and Overland ($42,495 and $45,995, respectively) this fall, and will introduce the base and Laredo ($39,995) models in early 2026. As for the fun stuff? Stay tuned. There's a Trailhawk coming. Got a tip? Let us know at tip@
Yahoo
an hour ago
- Yahoo
Why Is Paccar (PCAR) Down 2.9% Since Last Earnings Report?
It has been about a month since the last earnings report for Paccar (PCAR). Shares have lost about 2.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Paccar due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for PACCAR Inc. before we dive into how investors and analysts have reacted as of late. PACCAR Q2 Earnings Beat Estimates PACCAR recorded earnings of $1.37 per share for the second quarter of 2025, which topped the Zacks Consensus Estimate of $1.28 but declined from $2.13 reported in the year-ago period. Consolidated revenues (including trucks and financial services) came in at $7.51 billion, down from $8.77 billion in the corresponding quarter of 2024. Sales from Trucks, Parts and Others were $6.96 billion. Key Takeaways Revenues from the Trucks segment totaled $5.24 billion in the second quarter, lower than the prior-year quarter's $6.58 billion. The metric, however, surpassed our estimate of $5.03 billion. Global truck deliveries came in at 39,300 units, higher than our projection of 38,203 units but down from 48,400 units delivered in the corresponding quarter of 2024. The segment's pre-tax income was $308.8 million, which fell short of our estimate of $412 million and plunged 63.2% year over year. Revenues from the Parts segment totaled $1.72 billion in the reported quarter, which increased from the year-earlier period's $1.66 billion and topped our estimate of $1.7 billion. The segment's pre-tax income came in at $416.5 million, up from $413.8 million reported in the year-ago period. The metric also topped our forecast of $335.3 million. Financial Services segment revenues came in at $547.7 million, higher than the year-ago quarter's $509.8 million and our estimate of $536.5 million. Pre-tax income increased to $123.2 million from $111.2 million reported in the year-ago period and also topped our projection of $112.3 million. Selling, general and administrative expenses in the second quarter of 2025 decreased to $139.2 million from $142.7 million in the prior-year period. Research & development expenses were $112.9 million compared with the year-earlier quarter's $117.1 million. PACCAR's cash and marketable debt securities amounted to $8.28 billion as of June 30, 2025, compared with $9.65 billion as of Dec. 31, 2024. Capex for 2025 is now envisioned in the band of $750-$800 million compared with the previous estimate of $700-$800 million. R&D expenses are estimated in the range of $450-$480 million. How Have Estimates Been Moving Since Then? It turns out, estimates revision have trended downward during the past month. The consensus estimate has shifted -14.57% due to these changes. VGM Scores Currently, Paccar has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. However, the stock was allocated a grade of B on the value side, putting it in the top 40% for value investors. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Paccar has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR Inc. (PCAR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
