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Wrangler pickup confirmed

by David Zatz on

Fiat Chrysler chief Sergio Marchionne confirmed that a Wrangler pickup has been confirmed and will be built, speaking today in front of select media. The pickup is to appear by the end of 2017, indicating a faster schedule than some had anticipated.

jeep pickup mule

The live-streamed event is currently being broadcast without sound.

Mr. Marchionne told Reuters earlier today that FCA had an adjusted operating profit of around $5 billion, and should see its net debt drop. Mr. Marchionne said the year was above expectations.

Sergio Marchionne small 2011

Mr. Marchionne refused to confirm the 2018 goal of selling seven million cars, while adding that they would meet their financial targets, including eliminating its net industrial debt. Any mergers will wait for a cleaner balance sheet.

A new product plan is set for the end of January, reflecting changes in the market.

Originally posted on January 11, 2016, at 1:28 pm EST.

David Zatz founded Allpar in 1998 (based on a site he had begun in 1993-94), after years of writing reviews for retail trades. He has been quoted by the New York Times, the Daily Telegraph, the Detroit News, and USA Today. Before making Allpar a full-time career, he was a consultant in organizational psychology. You can reach him by using our contact form (much preferred) or by calling (313) 766-2304

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