FCA announced its US$50 billion five-year plan to its investors last year, with the key selling-point of the plan being the launch a slew of new models throughout the five-year period. But this plan is not on course, suggests a report from Reuters. Citing undisclosed suppliers, the report says that the facelift or redesign of at least 12 current or new vehicles have been delayed in the past year. Updates of models from the pick-up and utility vehicle segments that account for more than 50% of FCA’s profit before tax (PBT) has been delayed.
According to the report, delayed models include high-margin models like the Ram 1500 and the Jeep Wrangler too. The all-new Wrangler was planned to go into production in early 2017 but now the its introduction has been pushed back to July 2017. Currently the Wrangler is assembled in Toledo, Ohio in the U.S., but where the next-gen model will be built still remains to be decided. The all-new Grand Cherokee that was going to be introduced in fall 2017, may be delayed by up to a year. This also means that the comeback of the Grand Wagoneer that will share its architecture with the next Grand Cherokee, will also be delayed. It was slated for a fall 2018 introduction, adds the report.
The production commencement of the common replacement for the Jeep Patriot and Compass has been pushed back from spring 2016 by at least six months. The next-gen Dodge Dart and Journey have been pushed back from mid-2016 to possibly until 2019-2020. Both models will get a facelift to fill the gap. The Charger, Challenger and the Chrysler 300 that were planned to arrive between mid- to late- 2018, could be delayed to 2019 or later.