Our counterparts over at Automobile Magazine recently had a chance to sit down and chat with Sergio Marchionne, CEO of Chrysler and Fiat. Marchionne was quite open in discussing the brands’ future lineup in both the interview and during a presentation at Chrysler’s Belvidere assembly plant in Belvidere, Illinois. Of interest to consumers include:
- By 2014, the boxy Chrysler Town & Country minivan will be replaced by a crossover. Car enthusiasts know this is a historic shift for the automaker: Chrysler developed the minivan market in the U.S. with the introduction of the first Town & Country back in 1989.
Marchionne says the Town & Country will be replaced by a large crossover which may continue to carry the moniker. Dodge will continue to sell its Dodge Grand Caravan minivan.
- The compact Jeep Compass crossover will also be dropped in 2014. Says Marchionne, “There are a number of candidates to take the place of the Compass.”
- The upcoming 2013 Dodge Dart is getting an SRT version to the rejoicing of car enthusiasts everywhere. SRT, which stands for Street & Racing Technology, is Chrysler’s high-performance “need for speed” division. Marchionne says the automaker is now determining just how powerful an engine they can insert into the compact car.
- The Fiat 500 electric vehicle will go on sale later this year. Marchionne bluntly states Fiat will be losing money on each Fiat 500 EV made, backing up reports that automakers are building such EVs to comply with strict U.S. and European Union regulations instead of consumer demand.
Get the full interview with Marchionne in the July issue of Automobile Magazine.
Source: Automotive News (Subscription required)