Fiat - egmCarTech

Fiat takes apart Chrysler’s ENVI department, will be absorbed to regular vehicle development

Posted: Nov 07, 2009

Filed under: Chrysler, Fiat, Hybrids, Green News, Industry News

Under Fiat SpA, Chrysler has dismantled a team of engineers dedicated to developing a range of electric-vehicles. The move marks a major reversal for Chrysler, which had used its ENVI department and its electric-car program in order to receive $12.5 billion in federal aid.
In August, Chrysler took a $70 million grant from the U.S. Department [...]

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Fiat-based Chrysler models coming in 2012

Posted: Nov 05, 2009

Filed under: Chrysler, Fiat, Industry News

Starting in 2012, we can expect to see an influx of Fiat-based Chrysler Group LLC vehicles, according to Automotive News. Joseph Veltri, VP of product planning for Chrysler unveiled the product plan on Wednesday. 56 percent of Chrysler’s vehicles will be derived from Fiat platforms by 2014, Veltri announced in the plan.
Chrysler projects [...]

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Chrysler’s 5-year product and business plan in detail

Posted: Nov 05, 2009

Filed under: Chrysler, Fiat, Industry News

If you were keeping up-to-date yesterday with egmCarTech you probably noticed that most of our posts had to do with Chrysler’ 5-year product and business plan. If you missed anything the plan is available to view in detail over at http://www.chryslergroupllc.com/business/.
You can check out some of the important slides right here.
[...]

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Chrysler and Dodge cars to be sold as Lancia and Fiat models in Europe

Posted: Nov 05, 2009

Filed under: Chrysler, Dodge, Fiat, Industry News

At its 5-year business plan yesterday, Chrysler repeatedly said that Jeep will be the only brand exported on global scale and it wasn’t lying. While the Chrysler badge will disappear from cars sold in Europe by 2011, most Chrysler and Dodge branded vehicles will be re-badged and sold as Lancia or Fiat mold to streamline [...]

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Chrysler expects profit in 2011, will repay U.S. loans by 2014

Posted: Nov 04, 2009

Filed under: Chrysler, Fiat, Industry News

Chrysler Group LLC said today that it will break even in 2010 and expects to turn profit in 2011 and generate $5 billion in operating profit by 2014. CFO Richard Palmer said that the advances will be driven by a boost in sales, cutting sales and a more efficient supply-chain.
At Chrysler’s 5-year business plan conference, [...]

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Chrysler/Fiat to have 3 brands at dealers by 2011, will share two-thirds of suppliers by 2014

Posted: Nov 04, 2009

Filed under: Chrysler, Fiat, Industry News

Chrysler Group LLC plans to finish the consolidation of its dealerships into three-brand stores by the end of 2011. Speaking at the company’s 5-year business plan conference today, the automaker’s vice president of network development and fleet Peter Grady said that Chrysler is looking to dramatically increase the number of vehicles it sells at each [...]

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Fiat 500 with a 1.4L Mutliair coming in 4th quarter of 2010

Posted: Nov 04, 2009

Filed under: Breaking, Chrysler, Fiat, Hybrids, Green News, Industry News

Senior Vice President of Chrysler Powertrain, Paolo E. Ferrero, said that the Fiat 500 will be available in the North American market with a 1.4L Multiair engine in the fourth quarter of 2010. A 1.4L Multiair turbo will arrive in the fourth-quarter of 2011, Ferrero said.
The Fiat 500 will be mainly sold in metro markets [...]

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Jeep will move over to Fiat platforms in 2013, “I live. I ride. I am. Jeep”

Posted: Nov 04, 2009

Filed under: Breaking, Chrysler, Fiat, Industry News, Jeep

Speaking today at Chrysler’s 5-year business plan conference, Jeep brand CEO Mike Manley said that the SUV brand will use Fiat-supplied platforms starting 2013. He said that Jeep will also eliminate the Patriot and Compass after 2012 and replace them with one C-segment vehicle based on a platform from Fiat.
Jeep is also planning a B-segment [...]

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Chrysler/Fiat: Expect fewer V8s and more 4-cylinder and diesels by 2014

Posted: Nov 04, 2009

Filed under: Chrysler, Fiat, Industry News

We’ve been providing you live updates on Chrysler’s 5-year business plan press conference all day. However, some of the things being discussed this morning are more significant and deserve their own post.
Chrysler and Fiat said today that V8 engines will account for only 11 percent of the mix by 2014 – down from 18 percent [...]

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Chrysler has $5.7 billion cash on hand

Posted: Nov 04, 2009

Filed under: Chrysler, Fiat, Industry News

Chrysler Group LLC is not burning through cash and has improved its positions since Fiat SpA took over in June, CEO Sergio Marchionne said earlier this morning.
“Some of you have been surmising we’re burning through cash,” Marchionne said at the company’s presentation of its five-year plan. “This is not true.”
Compared to $4 billion when Fiat [...]