Jeep's India and global plans detailed in FCA's five year plan

Jeep's India and global plans detailed in FCA's five year plan

Kuniskis described the next 8C as having a carbon-fiber monocoque chassis, twin-turbo mid-engine V-6, electrified front axle with all-wheel-drive, more than 700 horsepower (combined) and sub 3.0-second 0-62 miles per hour acceleration.

Unveiling the company's plans through 2022, Marchionne said Fiat Chrysler will invest 9 billion euros (US$10.5 billion) as it tries to catch up in the market for gas-electric hybrids and fully-electric vehicles, without forsaking a core market that still wants internal combustion engines.

Maserati will get a hand with its new electrified powertrains from Ferrari, Kuniskis 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 186 miles per hour. FCA added that by 2022, Maserati will have a redesigned Quattroporte and Levante, plus a smaller SUV and a new sports vehicle called the Alfieri.

Alfa Romeo plans six plug-in hybrid electric vehicles across its range.

Читайте также: Sears to close another 72 stores as sales plunge

Ford said retail sales were 163,796, while total sales, including those to fleet customers, rose 0.7 percent to 242,824. Alfa Romeo, meanwhile, will get two new SUVs plus extended-length versions of the Giulia and Stelvio. The magazine went into detail as to what to expect in terms of the construction and drivetrain, but based on comments from Sergio Marchionne - that report wasn't accurate.

There also have been rumors that Fiat Chrysler would kill the Chrysler marque with this plan. On average, analysts anticipate that Fiat Chrysler Automobiles NV will post $2.08 earnings per share for the current year.

Dodge would also be spared the axe, according to the Detroit Free Press, and hone in on its role as a performance brand, with Marchionne hinting the Challenger and Charger would soon see a next generation but would stay on the same platforms they have since they were introduced. The move is one element of a five-year strategic plan that Fiat Chrysler unveiled on Friday. He donned a necktie, reportedly for the first time in more than a decade, quoting Oscar Wilde that "a well-tied tie is the first step in life..." Indeed, FCA's financial presentation indicated plans to devote only about a quarter of product-related capital expenditures from 2018-22 on all three entities combined, versus almost half of all capital expenditures earmarked for Jeep. "It makes us better than we were".

Fiat Chrysler CEO Sergio Marchionne will outline his business plan today for the automaker's next five years in his last big presentation to investors before retiring next year.

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