Fiat Edition Returns! Fiat is bringing back its popular Edition Fiat later this fall. First unveiled at the LA Auto show and last sold inthe Edition celebrates the Nuova model that premiered on July 4,
Among its product plans, the company focused on four brands: Fiat business plan, 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.Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News.
BALOCCO, Italy — Fiat Chrysler plans to heavily push the Jeep brand around the world, company executives said this morning in introducing the company's new five-year plan. It eventually aims to. Donate via Mail: Brother Nathanael Foundation PO Box Priest River, ID Fiat Chrysler Automobiles signaled that it will have more cash on hand than debt on its books by the end of this month for the first time since the merger that created it in during a wide.
The Fiat Grande Punto was a supermini car produced by the Italian manufacturer Fiat since It is the third generation in the series of the Fiat Punto, and was announced in August , and launched at the Frankfurt Motor Show..
In , the Grande Punto became an entry level model sold alongside the facelifted, higher spec Punto iridis-photo-restoration.com . Structure My Deal tools are complete — you're ready to visit Peacock Chrysler Jeep Dodge RAM FIAT Hilton Head!
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