UPDATED: An progressing chronicle of this story wrongly referred to Fiat’s being cold from a North American market.
The namesake Fiat and Chrysler brands of automaker FCA will be undergoing some vital changes between now and 2022, though are confidently distant from passed in a water, CEO Sergio Marchionne pronounced currently during a display on a company’s five-year plan.
The soon-to-retire executive quashed rumours that sprung adult this past week that a association was deliberation murdering off a Fiat, Chrysler and Dodge brands.
Fiat will be creation a pierce to an electric-only brand, same to Mercedes-Benzes smart. Chrysler, meanwhile, will concentration on people-movers and immature technologies. While he betrothed there would be some-more to a lineup than a Pacifica, Marchionne did advise a Chrysler 300 sedan might have outlived a marketplace appeal. He did not endorse a demise, however.
Dodge would also be spared a axe, according to a Detroit Free Press, and file in on a purpose as a opening brand, with Marchionne hinting a Challenger and Charger would shortly see a subsequent era though would stay on a same platforms they have given they were introduced.
Fiat’s arriving 2020 launch of a new pure-electric city car, expected to take a form of a new 500e, presages a pierce towards a flourishing series of electric cars opposite all of FCA’s brands. The automaker will deposit $13.6 billion in electric automobile growth between now and 2022, Marchionne said, while during a same time phasing out totally a diesel engine offerings.
Marchionne explained that, in total, we can design to see some 30 new battery-electric or electric-hybrid models uncover adult opposite a Alfa Romeo, Maserati, Ram, Jeep, Chrysler and Fiat brands within a subsequent 5 years.