FIAT CHRYSLER AUTOMOBILES LOOKS AHEAD
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