Fiat Chrysler Automobiles made some adjustments to their 2014-2018 five-year plan, including an emphasis on selling more SUVs and pickup trucks.
As a matter of fact, the Jeep brand will be privileged, thanks to its rising popularity across the globe. Not only will the company increase production of existing models, but by 2018, two new models will be introduced. The Jeep Grand Wagoneer will mark the brand’s return to the large seven-passenger SUV segment, while a yet-to-be-named pickup truck will also appear.
Alfa Romeo’s product range will also be boosted with the arrival of the new Giulia sedan, but also a midsize SUV by next year in addition to two more utility vehicles and four cars by 2020.
On the other hand, FCA’s car sales are down, and within the next 18 months, the compact Dodge Dart and the midsize Chrysler 200 sedans will be axed. This will obviously free up space in assembly plants for producing more popular – and more profitable – trucks. However, FCA isn’t throwing the towel in regards to the car market, and will try to secure a deal with other manufacturers, which would provide FCA with cars that would be rebadged so they can keep a presence in the compact and midsize segments.
Finally, the company will meet emissions regulations, which will become stricter by 2022, by introducing a hybrid powertrain in the Ram 1500 pickup. The venerable Jeep Wrangler will also get a hybrid system as well as a diesel engine by the end of the decade.