“I don’t know if we will make the Giulia Station Wagon: for now we are watching how it goes the Stelvio pass in this moment I am not convinced whether to give priority to a station, instead of insisting on the strategy of Suv Alfa Romeo. One of the family, moreover, is a match all and only european”. Sergio Marchionne, speaking to the Detroit, brakes on the hypothesis of a Giulia with the tailgate.
Investment in the Usa. Meeting with journalists at the american exhibition, the ceo of the FCA is back also the political innovations coming to the White House, branded as “speculation” the hypothesis of a cancellation of the free trade agreement, Nafta, which binds the Usa, Canada and Mexico. “We have not yet had a direct relationship with Trump,” he said. “The move announced a few hours ago on the new investments in America is not related to the settlement of the new president. Of the rest, we are not the only ones to not have been touched by the tweets of Trump: also Mercedes and Volkswagen have not been mentioned so far.”
Most of the s Fiat. in the Meantime, the first reaction to the statements on the investments in the Usa are not made wait: Trump has posted Most of the s Fiat” on his Twitter profile. The journalists in the press conference they did see the tweet, Marchionne responded with a smile. “It was an act due to this country: to remember where we were in 2009,” he added.
Usa sedans and the Jeep brand. For what concerns the new compact sedans, however, Marchionne said he has “not found partners valid neither from the point of view of the architecture, nor of the costs”. “However, he added, “the need to renew not there, because 80% of the increase in sales from 2011 to today has come from Suvs and pick-up. If we had known at the time, we would not have invested in that way on the Dart. Some, in these years, they have even withdrawn from that segment, and for us the priority is to globalize the brand Jeep, in the light of commercial developments”.
Guide independent within 5 years. Marchionne, inevitably, has also talked about autonomous guide: “I Am sure that we will get to level 4 autonomy in the next five years, and I am sure that Google is ready for that challenge. For level 5, it also depends on the system that you need to adapt”.
Optimistic about goals. Title FCA, fresh out of the earnings record in the stock market, has aroused the curiosity and the enthusiasm of analysts and investors: “I Believe that the observers will have noticed that we will be able to achieve the aims of 2018: there are only eight quarters and we see the finish line. I do not speak still results 2016: we will provide information on the 26, but for the moment I do not have bad news,” joked the ad. That confirmed the objective of the elimination of the debt and “as of the close of the 2017″ the return to the dividend.
To electric. In the usual overview of all the major themes that await the FCA in the next few years, Marchionne also spoke of electrification. “We will go forward on this front, because it is not enough to Trump it. China and Europe dictate the pace, and then it is also a necessary act. I do not believe that the world will wake up one day and there will be only electric cars, for ecological reasons, and also economic, but the tendency is.
Output the scene to the end of 2018. was Not spoken, instead, of novelty for Italy: “The machine of Italian production goes well, we have so much to do, but there are great news for the Italian plants”. Marchionne, who called himself “shocked” toarrest of the manager VW occurred in the last few hours, has also confirmed that it intends to leave the helm of the group, FCA at the end of 2018. “The succession plan to proceed,” he explained, “my successor will be a manager. The announcement will be John Elkann, ndr) and from council. I still can not say when. My goal is to complete the plan 2018: we want 9 billion of operating profit, 5 of the net profit”.
The possible alliances. “I can’t give an answer on future merger,” he stated Marchionne about the possible alliances, “because from one side there are the manufacturers of traditional, but on the other hand, there’s a whole new industry, the californian, who is trying to get in the car, with the funds and the economic capacity to intervene in the forces. Our market capitalisation is a fraction of some giant hi-tech. Then make predictions about alliances with any partners at this time is impossible. There is, however, to say that at the end of the 90 we have already seen all of this, with the bubble of the new economy. Uber has never earned a dollar, but it has a market capitalisation four times superior to our own. I do not believe that certain evaluations may last forever. Although this does not mean that we should not continually seek new ways, as they do in California”. An approach that always remains open, therefore, also on the front of the covenants: “things change in a span of six months. I do not exclude the new arrangements prior to my exit from the scene. And theagreement with Google, of which we are the development partners and not only suppliers, is proof of this: it is an understanding that goes beyond an experimental fleet of % Peaceful, and from which we are not losing money, which is already so much”.
No spin-off of the Alfa-Maserati-bilist on Magneti Marelli. Responding then to questions from reporters, Marchionne said that the Fiat brand will remain in the United States as a brand in your niche. Denials, however, the rumors of a spin-off of the brands Alfa Romeo and Maserati, “There is a limit to everything,” he commenato the manager about it. More plausible, however, on the sale of Magneti Marelli: “We need to ask ourselves if it is essential for FCA,” he said. “And the answer is “no”.
From Detroit, Fabio Sciarra
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