Report – FCA US coming up empty handed through 2016 in terms of model updates image

According to three persons that have knowledge of the automaker’s strategy, Fiat Chrysler Automobiles NV North American unit will have no new products to showcase during the following 18 months.

The three sources that talked to Reuters under condition of anonymity because the plans are not public said the drought will be particularly heavy for the company in the hot selling pickup truck and crossover segments. The Italian-American automaker has announced it would showcase three new sporty models built in Italy in US dealerships in the coming year, but in terms of vehicles built and developed in North America there will be just one all-new introduction during the timeframe. We already know what model is – the upcoming all-new generation of the Chrysler Town and Country minivan that should be on the roads next spring. Meanwhile, FCA’s larger Detroit competitors together plan to deliver more than a dozen new or updated models for the US market by the start of 2017, added the persons. General Motors mainstream Chevrolet brand alone plans to introduce as many as six new vehicles for North America during the next year and a half.

On the other hand, Gualberto Ranieri, senior vice president of communications at FCA’s North American headquarters in Auburn Hills, Michigan, said the report was not accurate. “To say that we have virtually no new products coming in North America in the next 18 months is simply nonsense,” commented Ranieri for Reuters. “You will see us reveal new products at upcoming auto shows in Los Angeles, Detroit and New York.” FCA NV is also expected to showcase its quarterly results later on Thursday in London, at the worldwide company headquarters.

Via Reuters