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FCA Earnings/Wall Street Confernce call:"Chrysler record profit" & Alfa writedown

Manley states he feel more optimist about full EV's in Europe.
 
Manley refuse to talk about UAW talks.
 
Manley gets question about reducing Italian headcount.
 
Manley basically state there no need for special headcount reduction in Italy, thinks the B-Segment CUV's are a big segment.
 
Bili said:
What I've told in another topic? LOL It should be accompanied by next gen 500X and Renegade.

Actually I think that Small Wide will live long after merger.
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Actually I think this plan is for the waste bin if the merger goes through and I'm glad about it. :p

Very sad for Alfa. I don't get why exotic Maserati is good for 8 cars and Alfa only for 4 – with only one of them in it's classic segments. FCA is so focused on avoiding overlap and making losses while PSA happily feeds 3.5 brands in the same segments making big money with it. I can understand that they don't enter E segments and above, but why leaving Europe's best selling hatchback segments while claiming to "refocus brand on its strengths"? :censored:
 
pumadog said:
Actually I think this plan is for the waste bin if the merger goes through and I'm glad about it. :p

Very sad for Alfa. I don't get why exotic Maserati is good for 8 cars and Alfa only for 4 – with only one of them in it's classic segments. FCA is so focused on avoiding overlap and making losses while PSA happily feeds 3.5 brands in the same segments makes big money with it. :censored:
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Maserati got 2 projects from Alfa. Or one and a half. Maserati lost Alfieri.

IMO only E SUV is missing from Alfa but AFAIK it could come around 2023. We'll see. They are weighing it.

Plans for around next 3 years will stay. They can't change it plus merger is not finalized. It takes as low as 18 months to just re-badge products. Like 208 for Corsa. It can take longer.
 
Bank Of America analyst ask the same question about Italy....but this time "why don't just move people around, and close a plant in Italy".
 
AlexB said:
Bank Of America analyst ask the same question about Italy....but this time "why don't just move people around, and close a plant in Italy".
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In case of merger German pOpel factories are the most likely candidates for closure. More expensive labour costs and simpler for lay offs than France or Italy.
 
Bili said:
In case of merger German pOpel factories are the most likely candidates for closure. More expensive labour costs and simpler for lay offs than France or Italy.
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Vauxhall plants are an Dead man.
 
European analyst tries to sneak in Merger question by talking about product timing.
 
Bili said:
Yes, also UK plants are likely candidates for write off. I don't know how many plants PSA (Opel) have in UK and Germany.
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An Astra plant, and Vauxhall's original site (LCV).
 
On question RAM pricing, Manley states RAM Team nailed it on everything.
States its the only Truck to win IHS+ award for safety.
 
Bili said:
Maserati got 2 projects from Alfa. Or one and a half. Maserati lost Alfieri.

IMO only E SUV is missing from Alfa but AFAIK it could come around 2023. We'll see. They are weighing it.

Plans for around next 3 years will stay. They can't change it plus merger is not finalized. It takes as low as 18 months to just re-badge products. Like 208 for Corsa. It can take longer.
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In the last official plan Alfa still had the GTV, E-SUV and 8C. Also the Giulietta was marked as a MCA. They don't need an 8C but leaving the classic C segment and the Giulietta customers in the cold is a big mistake imho. Why should Alfa grow when the portfolio stays this low?

With the one only product after the Tonale with SOP 2022, that could easily be matched by PSA based products as the Corsa showed. 24 to 36 months from years end.

Maserati added the "sports car" in 2 versions which might still be called Alfieri.
 
Manley stated Giorgio platform had to under-go significant changes for including for Electric. That's in the write down charge of Alfa.
 
pumadog said:
In the last official plan Alfa still had the GTV, E-SUV and 8C. Also the Giulietta was marked as a MCA. They don't need an 8C but leaving the classic C segment and the Giulietta customers in the cold is a big mistake imho. Why should Alfa grow when the portfolio stays this low?
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AFAIK private customers in Europe are all over SUVs. Look at it like T-Roc sales or 3008 sales.
Companies are all in for Golfs and similar. FCA is not strong at company sales in Europe.

But IMO this plan is for a company without upcoming merger. IMO they will add more products after the merger.
 
Adam Jonas ask why FCA is subsidizing Tesla?
Manley state he won't tell the numbers.
 
AlexB said:
Manley stated Giorgio platform had to under-go significant changes for including for Electric. That's in the write down charge of Alfa.
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And that's ours upcoming Giorgio Global aka Hybrid.
 
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