Dodge Has Increased the Price of the Charger EV by a Five-Figure Amount: TDS
Stellantis
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Welcome to The Downshift, or TDS for short, The Drive’s morning news summary that highlights the biggest automotive headlines globally.
The Downshift provides a brief overview of news items with links to additional sources for a more in-depth understanding. Here’s the update for Wednesday, June 3, 2026. Go Knicks!
🔊 The latest episode of The Drivecast, The Drive’s new weekly podcast, will be available later today. Be sure to listen in on The Drive, Apple Podcasts, or Spotify.
🤑 Dodge has announced details and pricing for the 2027 Charger lineup, with a noteworthy $12,500 increase for the Daytona electric model, despite minimal changes apart from the introduction of a NACS charging port. The previous year's Daytona coupe had a starting price of $59,995 prior to destination fees, which will now rise to $72,495. [Stellantis]
🔧 Ford has released a do-not-drive alert affecting 4,653 vehicles, which includes certain 2021-2026 Bronco Sport SUVs and 2022-2026 Maverick trucks, due to faulty installation or repair of the front lower control arm ball joints, raising the risk of the control arm detaching from the front wheels. Owners can check if their vehicle is affected using the NHTSA website’s VIN lookup tool; those who are can arrange for an inspection at a nearby location or request a tow to a dealer. Affected vehicles will be serviced at no cost. [NHTSA]
Ⓜ️ It’s confirmed: The BMW M2 will offer optional all-wheel drive. The M2 with xDrive is set to launch late this summer with a base price of $74,950 before shipping—approximately $6,000 more than the rear-wheel-drive variant—and it will not come with a manual transmission option. [BMW]
🔱 Rumors suggest that BYD is looking to acquire one of Europe’s struggling legacy manufacturers, with a company executive indicating that they find Maserati “very interesting.” [Automotive News]
🖊️ Ferrari has extended Charles Leclerc’s contract, who is currently in his eighth season with the team. Leclerc ranks second to Michael Schumacher for race starts with Scuderia, totaling 155 to Schumacher’s 180, and he is expected to surpass the seven-time champion next year. Ferrari did not disclose the duration of the extension, a common practice in other sports but rare in racing due to the absence of a drivers’ union. [Racer]
🏎️ Team Penske has unveiled a Marlboro red-and-white throwback livery for this weekend’s IndyCar event in St. Louis, and it looks fantastic. [Team Penske via X]
Correction at 3:20 p.m. Eastern: A previous version of this article incorrectly stated that the Dodge Charger Daytona EV started at $49,995 last year. This was incorrect, and the actual starting price was $59,995.
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Dodge Has Increased the Price of the Charger EV by a Five-Figure Amount: TDS
Dodge appears to be deterring potential buyers of the electric Charger by increasing its MSRP to $72,495, despite no enhancements in performance.