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FCA unveils new business plan

FCA unveils new business plan


KEVIN, THANK YOU. IN OTHER NEWS JUST A SHORT TIME AGO FIAT CHRYSLER UNVEILED NEW FIVE YEAR PRODUCTION PLAN FOR ITS CARS AND TRUCKS. LOCAL 4 BUSINESS EDITOR ROD MELONI IS JOINING US LIVE NOW WITH MORE ON WHAT THIS MEANS FOR FIAT CHRYSLER AND ITS WORKERS. ROD? Reporter: WELL, EVROD, WHAT IT REALLY MEANS IS THAT CHRYSLER INTENDS TO GET OUT OF THE SMALL CAR BUSINESS IN SEARCH — AND SERGIO MARCHIONNE SAID THAT TODAY THEY WILL RUN THEIR LIFE CYCLE THEY WILL END WHICH MEANS THEY ONLY HAVE A FEW YEARS LEFT. IN FACT, THOSE ARE FAIRLY NEW VEHICLES. THE 200 IS BUILT AT THE STERLING HEIGHTS ASSEMBLY PLANT IN ZERG HEIGHTS JUST UP THE STREET FROM US WHERE WE ARE RIGHT HERE IN WARREN. HERE IN WARREN, THEY HAVE THE OPPOSITE PROBLEM. THE VEHICLE THEY HAVE IS SO POPULAR THEY CAN’T BUILD ENOUGH OF THEM. SO SERGIO MARCHIONNE SAID TODAY THAT THE OPERATION HERE WHICH OVER THE PAST FIVE YEARS OR SO HAS BEEN 24/7 BUILDING RAM PICKUP TRUCKS IS UNSUSTAINABLE AND HE ALSO SAID THAT IT’S NOT KEPT UP TO RELEVANT MANUFACTURING STANDARDS. SO WHAT DOES THAT MEAN? WELL, THE COMPANY DIDN’T SAY THIS OVERTLY, THEY DIDN’T PUT THIS IN THEIR PLAN BUT IT HAS BEEN TALKED ABOUT HERE SINCE THEY STARTED NEGOTIATING THE U.A.W. NATIONAL CONTRACT LAST FALL. THE BELIEF HERE IS THAT THEY’RE GOING TO MOVE THE RAM TRUCK OUT OF HERE OVER TO STERLING HEIGHTS ASSEMBLY. AND THEN IN HERE, LATER O THEY WILL BUILD THE JEEP CHEROKEE AND ALSO THE JEEP WAGONIER THOSE ARE PRODUCTS THAT ARE PLANNED IN THE FUTURE THAT’S THE PLAN THAT HAS BEEN TALKED ABOUT REALLY SINCE LAST FALL. THEY DIDN’T CHARM IN THEIR PLAN TODAY BUT THAT’S THE BELIEF HERE. SO IT LOOKS LIKE THERE’S GOING TO BE A MAJOR SHIFT IN THE PLANTS HERE IN METRO DETROIT IN TERMS OF THE PRODUCT THAT GETS MADE. SERGIO MARCHIONNE SAID HE DID NOT THINK THEY WERE GOING TO BE REDUCING JOBS. HE THOUGHT THERE MIGHT BE SOME MORE JOBS ADDED AS THEY GO ALONG WITH. THIS BUT IT’S A MAJOR SHIFT FOR CHRYSLER. BECAUSE THEY USED TO BELIEVE THEY HAD TO HAVE SMALL CARS TO BE RELEVANT NOW THEY’RE SAYING WITH LOW OIL PRICES IT LOOKS LIKE SPORT UTILITIES AND TRUCKS ARE THE ANSWER AND THAT’S WHERE THEY’RE GOING. WHERE ALL OF THIS ENDS WE STILL HAVE TO GET CONFIRMATION FROM THE COMPANY. BUT WE’RE CERTAINLY GOING TO GET REACTION COMING UP ON LOCAL 4 NEWS AT 4:00, 5:00, 6:00. REPORTING LIVE IN WARREN,

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