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 ...
Chrysler died years ago. This is just the final interment of the corpse.
Lots of 300Cs just not many 2005 or earlier.
Not true.
With the UAW its not so much the wages, its the legacy health care costs. Good look at the work force leaving a UAW plant and then aske yourself if you want to insure them in retirement. It adds too much to the cost of the vehicle to make it competitive.
Nope. They went to plaid!
I’ve never owned a Jap car, and
never will, although the K car
did have a Mitsubishi engine.
It’s always been “American”
brand cars for me. Ford and
Jeep mostly, with a couple
Pontiac’s thrown in. I’m in
process now of building a
1940 Plymouth pickup.
Actually the Chrysler 300 and the derivatives were Diamler Chrysler products. Very few people remember the Chrysler crossfire. A buddy of mine had one. It was heavily influenced by German ingenuity.
“Marchionne could detail plans to pull Fiat out of the United States”
might as well; i don’t think they’re selling very many fiats here anymore ... several years ago when they had big TV ad campaign going, I’d see a few on the roads, but now if i see one per month, that’s a lot ...
I had one of those. A 1996 Sebring convertible. A few years after that I owned a 1997 Ford Mustang convertible. You know which was the far better car?
The Chrysler.
I know that many Chrysler products set the Check Engine light to come on at a certain mileage as a warning to replace the O2 senors. My 1990 Grand Voyager did just that and even though I did replace them I didn't have the proper scan tool so had to get a shop to reset the stupid light.
My 2005 Town & Country didn't do that so YMMV depending on the model year of your vehicle.
Sam. I dont mind telling you. I want a girl with the short skirt and a long jacket.
“I’m nostalgic, but not a complete retard. “
LOL!
great line!
Car seats back then were plush! And no bucket seats yet so your girlfriend could snuggle right up to you while you were driving.
Here's a Jack Jones New Yorker commercial that only aired during the 1975 World Series. Red Sox vs the Reds.
I am a Major Mopar Guy, so this news is a dagger through my heart.
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