Tag: Fiat (Page 3 of 5)

Jeep cuts price of redesigned Grand Cherokee

Marchionne comes out swinging cutting the price of the redesigned 2011 Jeep Grand Cherokee. The new starting point will be
$32,995 for the base four-wheel-drive model (the Laredo 4×4) which is $465 less than the 2010 model. Prices include shipping.

This will make for some good press for the new SUV and if the looks and quality are there this would be a great start under the new leadership from Fiat.

From AutoNews.com:

DETROIT — Jeep is pricing the base four-wheel-drive model of the 2011 Grand Cherokee, the Laredo 4×4, at $32,995, $465 less than the equivalent 2010 model. Prices include shipping.

The Chrysler Group began making Grand Cherokees at its Jefferson North Assembly Plant in Detroit this week. The vehicles will begin arriving in showrooms next month.

The Grand Cherokee comes in three models: Laredo, Limited and Overland. The Limited 4×4 starts at $39,995, and the top-of the line Overland starts at $42,995.

Read the full article here.

Fiat to fill in the blanks for Chrysler

Chrysler Chairman Sergio Marchionne will lay out the companies five year plan Wednesday which will more than double Chrysler’s annual sales from 1.3 million last year to 2.8 million by 2013. The question is “will anyone believe him”? Plans can sound good but delivering is another matter. They way I see it is that everything really hinges on how well the North American market warms to Fiat, Lancia and Alfa Romeo products.

From the Detroit Free Press:

Chrysler’s chances of ending its sales decline and returning to profitability should become clearer Wednesday, when Fiat is to lay out a five-year business plan.

The strategy for the Fiat, Alfa Romeo and Lancia brands is expected to reveal new details about the vehicles Chrysler’s North American factories will build. Also expected are details of Alfa’s return to the U.S. market, plus future product lines for Chrysler, Dodge, Jeep and the new Ram commercial-vehicle brand.

Read the full article here.

Abarth 500C, Punto Evo Set to Debut

If Fiat plans to bring the Punto Abarth 500C to the states, get ready for some real fun in the small car segment. We can only hope Sergio includes this little beast as part of his North American plan for Fiat/Chrysler.

From AutoGuide.com:

Fiat’s performance-minded Abarth brand will unveil two new models, based off of Fiat products that were introduced last year. Up first is the Abarth 500C, an upgraded version of the Fiat 500C (the C, standing for convertible). The car isn’t technically a convertible, but rather features a retractable cloth top and retains the roof rails. Power comes from Fiat’s turbocharged 1.4-liter 4-cylinder with 140-hp, allowing for a 0-62 mph time of 7.9 seconds. Also included are upgraded wheels, brakes, a new suspension setup, aero kit and stylish two-tone paint scheme. There’s no official word, but we’re likely to see this model join Fiat’s lineup in North America in the next several years – after the standard 500 and 500C are introduced.

Read the full article here.

Chrysler comeback closer than people think?

With all the talk about the lack of product for Chrysler and Dodge, the Detroit Free Press takes a harder look and some feel there is a lot more in the works than most give credit. In the next 12 to 18 months, look for a totally new experience when you enter a Chrysler/Dodge/Fiat showroom. The Chrysler comeback might be closer to reality than most of us could have imagined.

We feel the barometer will be how well the Fiat 500 performs when hitting the showroom floors later this year!

We all know Chrysler won’t reap the benefits of its alliance with Fiat until 2012, but that doesn’t mean the cupboard is bare. To the contrary.

This year, Chrysler plans to introduce three new vehicles that are acknowledged leaders in their segments and one new model that gets it into a growing and potentially lucrative new market.

The first Fiat model, the 500, will also arrive, giving Chrysler dealers a sophisticated and chic little car that’s smaller and considerably less expensive than the Mini Cooper.

Read the full article here.

Fiat 500 to go into production in December

The folks at Chrysler/Fiat have to be excited about the news that the Fiat 500 will go into production in Mexico this December! This little machine is an eye grabber and can’t come soon enough for the dealerships that will well it as a Fiat 500. The competition with the Ford Fiesta and Chevy Cruze should make for some good sport. I hear some of the salespeople at Chrysler dealerships are already comparing Marchionne to the legendary Lee Iacocca! Time will tell but hey, nothing like setting the bar high!

From AutoNews.com:

TOLUCA, Mexico (Reuters) — Chrysler CEO Sergio Marchionne said Chrysler will invest $550 million in Mexico to begin production of the compact Fiat 500 model car.

The investment will retool a production site developed by Chrysler, which emerged from bankruptcy in June under the management control of Fiat. The investment will allow the plant outside Mexico City to begin production by December, said Marchionne, who also heads Fiat.

Read full article here.

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