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Wrangler fans have been clamoring for a V8 engine for decades, and hopefully they’ve been saving as Jeep has announced the Wrangler Rubicon 392 Launch Edition will cost a staggering $73,500.

That’s more than twice as much as the entry-level Wrangler and it’s even more expensive than the 702 hp (523 kW / 712 PS) Ram 1500 TRX.

Putting aside the massive price tag, the Wrangler Rubicon 392 Launch Edition aims to be the ultimate Jeep as it features a 6.4-liter HEMI V8 pumping out 470 hp (350 kW / 476 PS) and 470 lb-ft (637 Nm) of torque. It’s connected to an eight-speed automatic transmission and a four-wheel drive system, which enables the model to run from 0-60 mph (0-96 km/h) in just 4.5 seconds.

Also Read: Jeep Throws A 470 HP Hemi V8 In The 2021 Wrangler Rubicon 392

The powertrain is just part of the story as the Wrangler Rubicon 392 has upgraded frame rails, a 2-inch factory lift kit and a unique suspension with FOX high-performance shocks. The model also sports an active dual-mode exhaust system and a functional hood scoop which is connected to a “tri-level Hydro-Guide” air intake. The latter filters out water at up to 15 gallons (57 liters) per minute and enables the vehicle to traverse depths of up to 32.5 inches (826 mm).

On top of that, the Wrangler has signature bronze accents and heavy-duty Dana 44 axles with electronic locking differentials. Other highlights include an electronic front sway bar disconnect and 17-inch beadlock-capable wheels wrapped in 33-inch tires.

Moving into the cabin, the Launch Edition has leather sport seats with unique bronze contrast stitching. Other highlights include an 8.4-inch infotainment system and a performance steering wheel with paddle shifters.

While the model comes nicely equipped, there are a handful of options including dual door and dual top groups, a power retractable soft top, a trailer tow package and an off-road camera system.

If the price tag hasn’t scared you off, you can look forward to the Wrangler Rubicon 392 arriving at dealerships later this quarter.

Note: Prices exclude a $1,495 destination charge

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The White House has announced President Joe Biden will sign an executive order designed to create “resilient and secure supply chains for critical and essential goods.”

In a release, the government said “American households, workers, and companies have increasingly felt the strain of shortages of essential products – from medicine to food to computer chips.” They went on to note this became painfully clear during the early stages of the coronavirus pandemic as personal protective equipment – such as masks and face shields – was in short supply.

While PPE is now more readily available, other shortages exist and the government noted “recent shortages of automotive semiconductor chips have forced slowdowns at car manufacturing plants, highlighting how shortages can hurt U.S. workers.”

As a result, the Biden administration says the government “must ensure that production shortages, trade disruptions, natural disasters and potential actions by foreign competitors and adversaries never leave the United States vulnerable again.”

Also Read: Ford Hit By Semiconductor Shortage, Reduces F-150 Production Temporarily

To address this, President Biden will sign an executive order that seeks to “comprehensively address supply chain risks” while also securing “well paid jobs for communities across our country.”

As part of the order, the government will conduct an immediate 100-day review to address vulnerabilities in the supply chains of four key products including APIs, which are the part of a pharmaceutical product that contain the active drug.

On the automotive side of things, agencies will work to secure critical minerals such as “rare earths” used in electric motors. The ultimate goal is to ensure the U.S. isn’t dependent upon foreign sources or single points of failure in times of national emergency.

Speaking of EVs, the government wants to ensure the U.S. can produce large capacity batteries as electric vehicles are key to fighting climate change. The White House went on to say “while the U.S. is a net exporter of electric vehicles, we are not a leader in the supply chain associated with electric battery production.” As a result, the U.S. wants to leverage their “sizeable lithium reserves and manufacturing know-how to expand domestic battery production.”

Last but not least, the Biden administration wants to increase domestic production of semiconductors. The government contends underinvestment has been “hurting our innovative edge” and other countries have learned from our mistakes.

The 100-day review is designed to identify near-term steps the government can take to address vulnerabilities in supply chains. The order also calls for a more in-depth one-year review of a broader range of supply chains including those that support the defense industrial base, public health, information and communications technology, the energy sector, transportation industries, and supply chains for agricultural commodities as well as food production.

The ultimate goal is increase domestic production, create jobs and make the United States less dependent on countries such as China. Of course, the government can only do so much as companies have the ultimate say on where they build things.

Ferrari has become the latest automaker to announce a Le Mans Hypercar (LMH) program.

The company didn’t say much about their effort, but confirmed the program was greenlighted following careful study and analysis.

Development is already underway as the automaker has spent the past few weeks working on the car’s design as well as running simulations. If everything goes according to plan, Ferrari will enter the new top class of the FIA World Endurance Championship in 2023.

Also Read: Toyota GR010 Hybrid Unveiled With Twin-Turbo 3.5-Liter V6 For Le Mans Hypercar Class

This will be a big moment for Ferrari as 2023 marks the 50th anniversary of their last official participation in the World Sports Car Championship. Ferrari went on to say they “proactively helped to establish” the FIA World Endurance Championship and aren’t a stranger to the 24 Hours of Le Mans as they have racked up 36 victories over the years.

In a statement, Ferrari President John Elkann said “In over 70 years of racing, on tracks all over the world, we led our closed-wheel cars to victory by exploring cutting-edge technological solutions: innovations that arise from the track and make every road car produced in Maranello extraordinary. With the new Le Mans Hypercar program, Ferrari once again asserts its sporting commitment and determination to be a protagonist in the major global motorsport events.”

While Ferrari didn’t go into many specifics, they confirmed drivers and the name of the car will be revealed in future announcements.

Regardless, they’ll be competing against Scuderia Cameron Glickenhaus, Peugeot and Toyota. Aston Martin was supposed to be part of that group, but they pulled out last year.

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