Fiat reveals aggresive expansion plan – Chrysler to contribute big car and SUV platforms

Fiat reveals aggresive expansion plan – Chrysler to contribute big car and SUV platformsAfter Fiat took a stake in Chrysler, it’s only natural to see some synergy between the American company and Fiat Group brands which include Alfa Romeo and Lancia. Now Fiat has announced how it will capitalise on the situation and broaden its product portfolio while investing more than €8 billion in the process.

The result of this will be a 50% increase in car production figures in Italy over the next two years – a very optimistic target. This year’s Italian output is likely to total 650,000 units.

To achieve the growth, Fiat plans to launch 17 new models and 13 upgraded versions of existing models in 2010 and 2011, revealed Sergio Marchionne, CEO of the Fiat Group. Chrysler’s first contribution to the masterplan will be an SUV that will be launched next year, followed by five new models in 2011 consisting a Fiat crossover and four models for the Lancia brand, including a sedan and a convertible, all based on Chrysler’s big car, SUV and crossover platforms. There was no mention of sharing plans for Alfa Romeo.

In November, Fiat rolled out an equally ambitious five-year plan for Chrysler (which brands include Dodge and Jeep) that would see global sales rise from this year’s 1.3 million to 2.8 million in 2014. By then, half of its models will be based on Fiat Group platforms and most will use Fiat Multiair variable valve engine technology.

The ultimate target for Marchionne is a minimum of five million cars per year from the entire Group, to be achieved by 2014.

Source

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Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • carsenthusiastdotblo on Dec 24, 2009 at 11:52 pm

    wow..can u see that,too much car to be produce n reproduce..

    17 new models and 13 upgraded versions of existing models is planned just for a two years..

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  • racerx111 on Dec 25, 2009 at 5:59 am

    I believe those figures cover a broad range of various makes and meant for global distribution.

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  • The Godfather on Dec 25, 2009 at 6:40 am

    more money for my family coffers.

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  • 17 models? thats alot. but even if it means various makes, the platforms underneath should be around 3-5 platforms?

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  • With the nation-wide BOYCOTT of CHRYSLER getting stronger by the day,week and months chrysler will be bankrupt in no time. Look at CRASHING sales of proof of the boycott.

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  • Fiat only produce 650,000 units.  That is not much for a developed country.

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  • Alberto on Dec 29, 2009 at 3:10 pm

    It's not so difficult. Chrysler produce 4 models, Change the name and you have 4 new Lancia. Lancia produce 3 models, Change name and you have 3 new Chrysler. The same with Doge and Fiat. and Maserati and Alfa Romeo, Jeep.

    Man said: Fiat produce 650.000 cars in Italy, 600.000 in Poland, 700.000 in Brasil and others in Turkey, Serbia, and …

    They produce olso Truck 300.000 in Italy.

    But we have other as Lamborghini, Bugatti Ferrari and Dr That are not in this 650.000 Cars.

    Any way to work for car producer is not so loved by Italians, Exept for Ferrari.

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