Posted on 05/30/2018 2:53:18 PM PDT by tcrlaf
Swirling rumors suggest that one of America's oldest remaining automakers could be on the chopping block.
Sergio Marchionne will hold an investor's meeting in Italy on Friday, June 1, in Balocco, Italy, where the CEO will possibly kill one the corporation's most historic brands. FCA specialist Larry P. Vellequette of Automotive News reports that "a source told a European colleague" that Marchionne would declare the end of the Chrysler brand in the speech to investors.
In addition, Marchionne could detail plans to pull Fiat out of the United States and China, according to Automotive News. The brand would re-focus on building vehicles for Europe, Brazil, and emerging markets.
FCA's big strategic pivot would free up money to invest even more into Jeep, which is already the corporation's most profitable division. Among the new products reportedly on the way, there would be an even smaller SUV below the Renegade and the luxurious Grand Wagoneer for challenging the upper end of the segment.
(Excerpt) Read more at msn.com ...
Sorry.
Well at least you have a fairly dependable car with lower than average repair costs.
Didn’t mean to.
My Aunt and Uncle had a Chrysler dealership.
My cousins had a Dodge Challenger and a Little Red Wagon.
I’ll bet they wish they had those vehicles now.
LOL! Yup. Mrs rktman has a 2007 Volvo S80 AWD V8. Talk about expensive to fix. YIKES!
My brother had TWO 1959 Fiat 500s at the same time in the early sixties. Paid $50 each for them. Another brother bought a brand new 124 Spider around 1974. He let me move it once, before I had been through drivers ed. I mistook the clutch for the brake pedal, and ran it into the house.
In my opinion, it wouldn't surprise me if Dodge also goes to that great auto graveyard in the sky. Maybe not on Friday, but soon. Their entire lineup has gone almost ten years without a major redesign. How long can you keep going by slapping on a new grill and taillights every couple of years? Ram trucks, which has been a separate division from Dodge for several years now, will continue on because it's one of FCA's big moneymakers along with Jeep.
Coincidentally, I used to own a K Car that caught fire on a regular basis.
“Bring back the K- car to save it.”
And throw in a free leisure suit.
A relative had a Plymouth. It was a lemon.
Another relative swore by Chrysler. Ugly vehicles.
I’ll stick with Chevy.
Well, I am about to have two interviews jobs that would solve my money problems. But I really like my car and don’t want to have a car payment for a while. I need the exhaust manifold gasket replaced, new shocks, and new engine mounts. I recently had the spark plugs and wires replaced, a new water pump put in, new thermostat, and had the brakes done. I put a lot of miles on my cars but this one is in the best shape of any I’ve had at this point. I think the only one over 208,000 miles too!
The Mahindra Roxor Is A Tiny Offroad Jeep That You Can Totally Buy In America
The CEO never wanted to import the fiat in the first place, only did it so they could meet fleet cafe standards. Actually lost money on every one sold
Mercury was Chevrolet with a higher sticker price.
Good luck on your interviews.
Bring back the Rick Simon Powerwagon.
Don’t you mean Ford?
LOL! I hated the stock grill on my Ram so found an alternative and swapped it out. Did the headlights and tail lights and striped the hood and tailgate, new wheels and after several encounters with assclowns smacking the wimpy back bumper, traded it out for a diamond plate black powder coat Ranch Hand bumper. Tag that assclowns. Yes, I made it mine. ;-)
“Chrsysler is mainly a car company with a mini van”
I believe I read that the Town and Country mini van is going the way of the dinosaur after this year. QC at Chrysler has been awful since the 1970’s. I’m not sure there is a lower quality brand produced in US, Japan or Europe at this time.
Nobody under 55 would buy that thing.
Modern jeep stuff is ugly and bland.
I’ll keep my old bucket CJs. One day they’ll be operational.
Modern video technology could make it possible.
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