FCA stock plummeted 12% after Marchionne revealed its next 5-year plan.
The article says investors are skeptical about his ambitious plans for Alfa Romeo and Maserati, and says he is betting too much on Jeep, at the expense of Chrysler and Dodge.
Personally, the whole thing about Chrysler now becoming a mainstream brand and Dodge a performance brand seems rather schizophrenic, to say the least.
I wished they just picked a 25-year vision for these brands, instead of re-shuffling them every 5 years.
Fiat's Five-Year Plan Fails To Impress Investors, Stock Plummets
EDIT: further news link the drop in stock price to FCA posting a quarterly loss, due to the purchase of the remainder of Chrysler.
The article says investors are skeptical about his ambitious plans for Alfa Romeo and Maserati, and says he is betting too much on Jeep, at the expense of Chrysler and Dodge.
Personally, the whole thing about Chrysler now becoming a mainstream brand and Dodge a performance brand seems rather schizophrenic, to say the least.
I wished they just picked a 25-year vision for these brands, instead of re-shuffling them every 5 years.
Fiat's Five-Year Plan Fails To Impress Investors, Stock Plummets
EDIT: further news link the drop in stock price to FCA posting a quarterly loss, due to the purchase of the remainder of Chrysler.