The Fiat Chrysler and Jeep brands are in the process of rolling out new models, including the Fiat 500 and Jeep Wrangler, in an attempt to increase sales and improve profitability.
In the past year, Fiat Chrysler’s brand has struggled with sales, and Jeep has suffered from declining sales.
Both brands have been forced to cut costs, and Fiat Chrysler CEO Sergio Marchionne is now looking to cut expenses.
Fiat Chrysler has been cutting costs since the end of the financial crisis, and Marchionnetne has been seeking ways to lower costs while keeping the brand strong.
Marchionnoe recently met with President Sergio Marchi, Fiat CEO Sergio February, and Chrysler CEO Jim Hackett.
Hackett also held a meeting with Marchionni.
The meetings have been focused on the future of the brands and what the companies are looking for in the next six to 12 months.
Marchi and Fiat are now looking for ways to better connect with consumers and to drive down the price of the brand.
The Fiat 500 is a premium luxury sedan that features an automatic transmission and is available in two trim levels, the 500X and 500X Plus.
Fiat also plans to add a luxury model called the CTS sedan.
Fiat’s new CTS is slated for a late 2018 release, and the C Series sedan will be available for around $55,000.
The Wrangler will also see an upgrade, the 2017 Wrangler XC, which will feature a four-wheel-drive system and a 4.0-liter turbocharged engine.
The 2016 Wrangler was also upgraded with a 4-wheel drive system, and it was announced in April that Jeep would launch the 2017 Jeep Renegade.
Fiat and Jeep are expected to announce the first models for the new generation in the second quarter of 2019.
Fiat said the new models will be announced in a quarterly report and will be released in the first quarter of 2020.