Published in "American Soybean," Vol. House of Representatives Committee on Appropriations May 23, Senate Committee on Appropriations March 29,
Among its product plans, the company focused on four brands: Jeep, Ram, Alfa Romeo and Maserati, saying it would electrify much of its lineup, offering new battery electrics, and move into new segments with new vehicles like a midsize Ram pickup, a three-row Grand Cherokee, and a Maserati midsize crossover.
However, the long-term fates of mass-market brands Dodge, Fiat and Chrysler remained unresolved, with no specific product presentations offered. A company spokeswoman said Thursday that those brands would not be fully eliminated. FCA shares fell 7. Marchionne said he was puzzled by the stock drop, asking whether he had issued any bad news.
Executives downplayed the possibility the Alfa Romeo and Maserati brands could be combined in one unit, leading to an eventual value-creating spinoff.
One analyst suggested it was unorthodox for the CEO with no skin in the game to present a five-year plan without identifying a successor. ET -- Diesel phaseout, more electrification Fiat Chrysler will phase out production of all diesel passenger cars in Europe byMarchionne said.
The company sees the engine technology as increasingly challenged by both regulation and consumer attitudes, and of declining importance. He confirmed the reduction of the Fiat lineup to emphasize the family and Panda, focus Western European production on premium models, and Punto to be discontinued.
Fiat plans a full electric lineup around the family. He said the company expects full utilization of Italian plants by ET -- Autonomy, Connectivity Downloads Technology overview presentation Fiat Chrysler will work with multiple partners to develop autonomous vehicles.
With Waymo, FCA will take on more customization and development duties. The companies will collaborate on a Waymo-equipped premium-model autonomous vehicle. Level 4 autonomous systems will be available on some some FCA cars by around An FCA connectivity platform will be launched in April and be available on all new cars by The system is designed to integrate with any service provider.
The figure excludes the Magneti Marelli parts unit that Fiat Chrysler plans to spin off at the beginning of Fiat Chrysler also said it will spend about 45 billion euros on capital investments as it tries to harness an evolving automotive market place driven by electrification, connected services and self-driving cars.
Earlier, Marchionne declared victory over one of his long-held and most ambitious goals -- to rid the automaker of net industrial debt this year. ET -- Palmer confirms plan for captive financing unit Downloads Captive finance presentation Chief Financial Officer Richard Palmer, confirming a Bloomberg report earlier this week, said Fiat Chrysler plans to form a captive financial unit in the U.
Santander Consumer issued a statement saying it will hold a conference call to discuss the matter at noon New York time. New Alfa Romeo head Tim Kuniskis said the brand would reintroduce the 8C luxury sedan, eliminate the small and aging MiTo in the subcompact segment, refresh the Giulia and Stelvio and add a larger crossover to its lineup by Kuniskis also promised to bring back the GTV on a new sports car, and that Alfa would add stretched wheelbase versions of most vehicles to its lineup.
Those vehicles -- and global sales rates -- have not materialized. ET - Maserati plans Tesla fighter sports coupe; 32 more dealerships slated in North America Downloads Maserati presentation Maserati plans to add 32 dealerships in North America byand will aim squarely at Tesla with a new high-performance plug-in electric hybrid sport coupe based on the Alfieri concept, new brand head Tim Kuniskis said.
The brand will move from to dealerships in North America by as part of an ambitious plan to double worldwide volume in that timeframe with a new lineup, he said.
The all-wheel-drive EV will come in a droptop model as well and will feature an aluminum frame for weight savings, with a top speed above mph.
Maserati will also launch a new midsize crossover plug-in hybrid byslotting below the Levante, Kuniskis said. The same attributes will be imbued into new planned versions of the Levante and Quattroporte, which are planned to appear in the next four years.
Kuniskis said Maserati would eliminate use of diesel powertrains in its vehicles, although diesel Maseratis are not available in the United States, in favor of a greener move to plug-in hybrids and full electrics.
He said Maserati would offer four full-electric models, and eight hybrids bybut combustion engine powertrains would come from Ferrari. Manley said he believes Ram can achieve similar results with the TRX, which features a supercharged 6.Fiat Chrysler Automobiles today released the company's next five-year business plan at an event in Balocco, Italy, a tradition started by FCA Chairman and CEO Sergio Marchionne 14 years ago.
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Fiat Chrysler Automobiles NV is increasing several financial targets as part of an update to its five-year business plan through As FCA approaches the final two years of its five-year business plan, Marchionne has taken the company into uncharted territory in an effort to increase its profit margins.
The road to Can FCA achieve its five year plan? Home. Allpar (Home) News a fool's game with its future as a fair percentage of those lost buyers won't be returning and will give their upgrade business to Ram.
built by Nissan and to be sold by both Nissan and General Motors. If, for once, FCA can put a decent engine under the hood.