US: Fiat, Chrysler to sell slightly over 4.3m vehicles in 2013 - CEO
"We should be slightly north of 4.3m with a minimum of 2.6m from Chrysler," Sergio Marchionne said in an interview with Automotive News cited by Reuters.
Marchionne said Chrysler will sell 2.4m vehicles of the combined 4.2m units expected this year.
Fiat has raised its ownership to 58.5% of Chrysler, up from the 20% share it took after the US automaker's 2009 bankruptcy.
Asked if the market could expect a larger 500 model to replace its Punto model, Marchionne said "the Punto is in production, but I think ultimately the Fiat brand will end up being 500 or Panda based. Everything else is irrelevant."
Marchionne was in Detroit on Thursday to announce a US $238m spend at three Michigan plants creating up to 1,250 jobs.
Quarterly/fiscal full year results continued to roll in this week with a healthy uptick at Suzuki in 2012/3, the latest Japanese automaker to finally shrug off the combined effects of the double whamm...
As the middle of the year gets closer, the the European automotive marketplace isn't getting any easier. By last year, Western Europe's car market had lost 3m units since its 2007 peak (a heady 14.8m...
Ongoing sovereign debt crises across Europe are continuing to have a major impact on the Continent's automaking development, with 2007 production levels not expected to return until 2017, says analyst...
- What does 'Brexit' mean for the auto sector?
- The self-driving Volvo is getting closer
- And so Brexit begins - The Week That Was
- Arxan Technologies on cyber security - Q&A
- Active suspension systems - briefing
- "No trade barriers" says FKG amid Brexit fallout
- Aston Martin lost GBP127.9m in 2015
- VDA warns against post-Brexit customs barriers
- Shocked CLEPA to discuss Brexit in Madrid
- Volkswagen scandal - Porsche plunges into the red