FCA's Fiat, Alfa Romeo, Jeep and Abarth brands will not take part in this year's Paris auto show, according to French media reports. FCA joins automakers including Ford and VW brand in skipping one of Europe's top showcases for product debuts.
The Alfa Romeo 8C is still a bit of a mystery to many in the U.S. The model was offered in only a handful of dealerships when Alfa Romeo "returned" to the United States 10 years ago with a single model.
If FCA's five-year forecast comes to pass, dealers will get products including a new three-row Jeep Grand Cherokee, a midsize Ram pickup, several new or updated Alfa Romeos, a Tesla-fighting Maserati coupe and a midsize Maserati plug-in hybrid crossover.
FCA CEO Sergio Marchionne is preparing to unveil a sweeping transformation of production in Italy that will see the automaker stop building the Fiat Punto and Alfa Romeo MiTo small cars in favor of Maserati and Jeep models, Bloomberg reported.
Fiat Chrysler Automobiles named Tim Kuniskis to be the new global head for Maserati and Alfa Romeo while trimming some responsibilities from the brands' multitasking former boss, U.S. sales chief Reid Bigland.
Kia and Alfa Romeo have for the first time ever been named finalists for the North American Car, Truck and Utility of the Year Awards. The nine vehicles still in the running for the 2018 awards also include two chances for Honda to extend its winning streak to a third consecutive year.
Fiat Chrysler has cut production at Italian factories building the Alfa Romeo Stelvio SUV and Giulia sedan and the Maserati Levante SUV after new Chinese import rules hit sales, according to union sources.
Fiat Chrysler Automobiles will push ahead with a plan to separate auto parts unit Magneti Marelli next year, FCA CEO Sergio Marchionne said. The CEO added that it was still premature to spin off the company's Alfa Romeo and Maserati brands.
With the exception of a few major projects for its Jeep and Ram brands, FCA has slowed some product development activities while trying to hit aggressive financial targets for 2018 that the automaker set in 2014.