Sales of new Ram pickup to begin by Jan 2018: Fiat Chrysler CEO – Reuters

Fiat Chrysler Automobiles (FCAU.N) (FCHA.MI) next-generation Ram pickup truck will certainly go about sale by January 2018, Chief Executive Officer Sergio Marchionne pointed out about Friday.

“We will certainly be in doubt by January of ’18,” pointed out Marchionne of the brand-new version of FCA’s top-selling automobile in North America, where it earned nearly 90 percent of its first-quarter profit.

Speaking to reporters at the FCA plant in Windsor, Ontario, Marchionne likewise pointed out the business will certainly cease production of the Chrysler 200 midsize sedan by completion of this year or in very early 2017. Previously he owned pointed out the business would certainly prevent making the light-selling sedan, however not when.

Marchionne pointed out FCA is still trying to find a manufacturing companion to go on to create the Chrysler 200 also as the compact Dodge Dart sedan.

Marchionne went to the Windsor plant to thank its 5,700 hourly and 300 white-collar employees with the launch of the 2017 Chrysler Pacifica minivan, which went in to production about Feb. 29. The Pacifica takes the put of 2 minivans, among which, the Dodge Grand Caravan, is still produced. Marchionne did not point out exactly how considerably much longer the Dodge minivan would certainly be made.

The underpinning architecture of the Pacifica can be made use of with the next-generation Chrysler 300 huge sedan, Marchionne said, and probably at Windsor. The latest rear-wheel drive Chrysler 300 is earned at FCA’s plant in Brampton, Ontario.

“This plant and this architecture is capable of making the 300 successor, the front-wheel, all-wheel drive successor,” Marchionne said.

Marchionne was asked if that suggested the Chrysler 300 would certainly no much longer be earned as a rear-wheel drive sedan. He pointed out he owned not pointed out that, however just that the Windsor plant is “capable” of making the sedan. “It’s capable. It’s not a commitment.”

He likewise pointed out that FCA’s plant in Belvidere, Illinois will certainly grab production of the Jeep Cherokee SUV by completion of following year. It is now earned in Toledo, Ohio. The Belvidere plant will certainly be throwing away the Dodge Dart, which love the Chrysler 200 is light-selling and not highly profitable, and FCA strategies to prevent making it.

The Windsor plant has actually been making minivans because 1983.

FCA says it invested $2.6 billion to make and make the Pacifica, consisting of $744 thousand to upgrade the Windsor plant.

Of the 14.3 thousand minivans sold by Chrysler and its successor Fiat Chrysler, concerning 10 thousand were developed at Windsor.

(Reporting by Bernie Woodall; Editing by Chizu Nomiyama, James Dalgleish and Ed Davies)