Chrysler, Fiat, Dodge missing from schedule for FCA 5-year briefing
Spokeswoman: Chrysler, Dodge to be addressed 'as appropriate'; Chrysler to survive
Fiat Chrysler Automobiles will not present a future plan for its Fiat and Chrysler brands, as well as Dodge and Lancia -- placing those storied but troubled mass-market brands' futures in question -- according to a schedule of presentations listed by FCA for the daylong event to lay out its 2018-22 business plan Friday in Balocco, Italy.
The unpublished schedule, available on a company website for part of Thursday before being taken down, indicates that the automaker will lay out future plans for Jeep, Ram, Maserati and Alfa Romeo, but no other brands, as it did at similar events in 2009 and 2014.
It's unclear whether the lack of presentations for the Chrysler, Dodge and Fiat brands on the schedule may be changed before the event, or what the fate of those brands will be. Lancia is not sold outside of Italy and has only one model. An FCA spokeswoman told Autoweek, an affiliate of Automotive News, said Chrysler and Dodge will be addressed in other presentations "as appropriate," and that Chrysler is not being killed off.
The schedule also shows that CEO Sergio Marchionne and his team will also present a "Technology Update on Autonomous Driving and Connectivity." FCA and Waymo on Thursday announced a partnership that will see the Google affiliate purchase up to 62,000 Chrysler Pacifica Hybrid minivans beginning later this year, and discuss licensing Waymo's self-driving technology for an FCA retail vehicle.
Another presentation is titled "FCA and CO2 Reduction." The automaker has been locked in a dispute with regulators in both the United States and Europe over emissions issues with its diesel engines.
FCA's management team also will present the "Compliance Plan Impact on our Product Approach in Each Region." This presentation is likely to give information on the longevity of the Dodge and Chrysler brands in the United States, which are dominated by older vehicles, except for the Chrysler Pacifica.
A final presentation is titled "US Finco Opportunity." Bloomberg reported earlier this week that FCA is considering creating a captive finance arm in the United States, replacing its marketing relationship with Santander Consumer USA, which currently operates Chrysler Capital.
Finally, the schedule for the Balocco event indicates a presentation, likely to be led by CFO Richard Palmer, for the "Business Plan Financial Overview," followed by a Q&A session for investors and analysts in attendance, and closing remarks. The last three events will be broadcast live here.
Staff reporter Michael Wayland contributed to this report.