FIAT CHRYSLER AU­TO­MO­BILES LOOKS AHEAD

Autocar - - NEWS -

FCA boss Ser­gio Mar­chionne will un­veil the firm’s next fiveyear plan on 1 June – be­fore re­tir­ing early next year.

In­cluded will be full de­tails of prod­ucts sched­uled for launch from 2019 to 2023. Among the ru­moured mod­els are an Alfa Romeo Gi­u­lia coupé, new stand-alone Abarths and a new small SUV from Jeep. Longer-term strate­gies for Maserati and Fiat are also ex­pected to be un­veiled, as is an in­di­ca­tion of the time­line for FCA to of­fer elec­tri­fied ver­sions of its cars, some­thing it has been slow to do so far.

Mar­chionne has also hinted his be­lief that if the plan’s tar­gets are hit, then FCA can double its pre-tax prof­its from around £6 bil­lion last year to £12bn by 2023, and raised the prospect of sell­ing off brands if he can­not see a way to make them prof­itable. The lat­ter sce­nario, how­ever, is be­lieved to be more likely to af­fect FCA’S com­po­nents off­shoots than its core car brands.

IMAGE Mar­chionne ex­pected to con­firm plans for an Alfa Gi­u­lia coupé

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