Exclusive: FCA's Chrysler group faces U.S. product drought through 2016 - StreetInsider.com
DETROIT (Reuters) - Fiat Chrysler Automobiles NV will face a shortage of new products in North America over the next 18 months, especially hot-selling trucks and crossover vehicles, according to three sources familiar with the company's plans. While the Italian-American automaker said it will bring three new sports models from Italy to the United States in the coming year, it plans to introduce only one all-new vehicle developed and built in North America: A redesigned Chrysler Town and... Gualberto Ranieri, senior vice president of communications at FCA's North American headquarters in Auburn Hills, Michigan, disputed the notion that the company faces a shortage of new vehicles. "You will see us reveal new products at upcoming auto shows in Los Angeles, Detroit and New York. Ranieri cited the new Chrysler minivan, as well as the three Italian-designed vehicles: The Alfa Romeo Giulia sedan, the Fiat Spider convertible and a new Maserati crossover vehicle. However, aside from the Chrysler minivan, the company continues to defer investments in new North American-built products, leaving it with a dearth of fresh cars and trucks in the company’s most important market, where competition is red-hot,... Source: www.streetinsider.com
