Fiat Chrysler Automobiles CEO Sergio Marchionne likely will miss the automaker's planned July 25 announcement of its second-quarter earnings as he recovers from recent surgery, according to an Italian media report.
FCA's Fiat, Alfa Romeo, Jeep and Abarth brands will not take part in this year's Paris auto show, according to French media reports. FCA joins automakers including Ford and VW brand in skipping one of Europe's top showcases for product debuts.
The Alfa Romeo 8C is still a bit of a mystery to many in the U.S. The model was offered in only a handful of dealerships when Alfa Romeo "returned" to the United States 10 years ago with a single model.
Fiat Chrysler Automobiles CEO Sergio Marchionne has put to rest any lingering hope that the Fiat brand has a significant future in North America. For long-suffering Fiat dealers in the U.S., the brand's bleak product future is a bitter pill to swallow.
If FCA's five-year forecast comes to pass, dealers will get products including a new three-row Jeep Grand Cherokee, a midsize Ram pickup, several new or updated Alfa Romeos, a Tesla-fighting Maserati coupe and a midsize Maserati plug-in hybrid crossover.