: The unusual number of delays could let the automaker defer billions of dollars in investment while searching for a partner, according to Global Times China. FCA Chief Executive Sergio Marchionne is shuffling product plans even as he seeks a partner for his company, the seventh largest global automaker. Photo: CFP Fiat Chrysler Automobiles in the past year has delayed the redesign or release of at least a dozen current or new vehicles in North America, according to suppliers familiar with the company plans. Marchionne says consolidation in the auto industry is inevitable, because automakers are burning capital investing in overlapping engines and vehicles. Sales of pickups and utility vehicles account for more than half of FCA pretax profit, according to industry analysts. Among the North American vehicles FCA has delayed updating are high-margin models including the Ram 1500 pickup and the Jeep Wrangler utility vehicle, according to five people familiar with the company plans.
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