Advertisement
Canada markets closed

  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • CAD/USD

    0.7258
    -0.0006 (-0.08%)
     

  • CRUDE OIL

    84.46
    +1.73 (+2.09%)
     

  • Bitcoin CAD

    85,281.41
    -113.09 (-0.13%)
     

  • CMC Crypto 200

    1,275.79
    +390.25 (+42.36%)
     

  • GOLD FUTURES

    2,405.00
    +7.00 (+0.29%)
     

  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • NASDAQ futures

    17,330.75
    -216.50 (-1.23%)
     

  • VOLATILITY

    18.00
    -0.21 (-1.15%)
     

  • FTSE

    7,877.05
    +29.06 (+0.37%)
     

  • NIKKEI 225

    37,095.58
    -984.12 (-2.59%)
     

  • CAD/EUR

    0.6820
    -0.0001 (-0.01%)
     

Fiat Chrysler CEO says new Ram pickup to begin sales by Jan 2018

Reuters
Detail view of the grille area of the new Chrysler 200 S sedan as it is unveiled during the press preview day of the North American International Auto Show in Detroit, Michigan January 13, 2014. REUTERS/Joshua Lott

WINDSOR, Ont. (Reuters) - Fiat Chrysler Automobiles (FCAU.N) (FCHA.MI) Chief Executive Officer Sergio Marchionne said the company's next-generation Ram pickup truck will go on sale by January 2018.

Speaking to reporters at the FCA plant in Windsor, Ontario, Marchionne also said the company will cease production of the Chrysler 200 midsize sedan by the end of this year or the beginning of 2017. Previously he had said the company would stop making the light-selling sedan, but not when the company would stop making it.

Marchionne said FCA continues to look for a manufacturing partner to continue to build the Chrysler 200 as well as the compact Dodge Dart sedan.

(Reporting by Bernie Woodall; Editing by Chizu Nomiyama)