DETROIT, MI- Maserati sales are expected to increase nearly five-fold by 2018, according to Fiat Chrysler Automobiles. Sales of the exclusive Italian luxury brand, according to a new five-year plan released today, are expected to jump from 15,400 units …
Apart from repeating its overall goal of growing sales by more than a third to over 6 million vehicles by 2018, investors want Marchionne to provide specifics on how and when he plans to compete with much larger rivals such as Toyota Motor Corp …
It appears that Alfa's rebirth is central to Marchionne's vision of creating a car company that combines mass-market appeal (Fiat, Chrysler, Dodge) with upmarket and luxury brands (Alfa, Maserati, Jeep) that can compete with the top-end German …
He plans to revamp the luxury Maserati and upmarket Alfa Romeo marques, while building on the success of Chrysler's Jeep, and use all three brands to expand in Asia – the fastest-growing global car market, but a blind spot for Fiat Chrysler right now.
Fiat SpA (F) laid out an ambitious plan to boost annual deliveries to about 7 million vehicles in the next five years and remake Alfa Romeo, Maserati and Jeep into brands with a global reach. Chief Executive Officer Sergio Marchionne's new 2018 target …
The luxury automaker's ambitious expansion plans also include a projected increase in revenue from $US1.8 million to $US8.4 million in the same time frame. With the expected launch of four new models over the next four years, Maserati is well on its …
Because of restrictions on emissions and government subsidies favoring green cars, the most popular car for government officials is not the luxurious Mercedes or BMW but the electric Tesla. Tesla is a popular plug-in electric luxury car brand developed …
“By 2018, we will be covering the luxury market in its entirety,” Wester said. “We will be building ultra luxury automobiles with timeless style, we plan to keep our connection to our racing heritage in tact, and we will further evolve our unique …
Chief executive Sergio Marchionne is expected to deliver today his plan for the newly made Fiat Chrysler Automobiles, aiming to turn the new business into a healthy one with support and expansion from the Jeep and Alfa Romeo brands. FCA is expected to …