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For his last act, Marchionne will outline an EV/hybrid roadmap this week

MILAN/LONDON — Fiat Chrysler (FCA) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world's seventh-largest carmaker remains in the race in the absence of a merger. The 65-year-old will present FCA's strategy to 2022, his final contribution to the company he turned around and multiplied in value through 14 years of canny dealmaking. After failing to secure a tie-up he said was necessary to manage the costs of producing cleaner vehicles, Marchionne needs to show the group can keep churning out profits on its own, even as emissions rules tighten, SUV competition intensifies and worries around his succession abound. Marchionne had long refused to jump on the electrification bandwagon, saying he would only do so if selling battery-powered cars could be done at a profit. He even urged customers not to buy FCA's Fiat 500e, its only battery-powered model, because he was losing money on each sold. But Tesla's success and the need to comply with tougher emissions rules have forced Marchionne to commit to what he calls "most painful" spending. "FCA is way behind rivals in terms of hybrid and electric vehicles and they need to hit the accelerator to convince investors they can close that gap," said Andrea Pastorelli, a fund manager at 8a+ Investimenti. Germany's Volkswagen, Daimler, BMW and U.S. rivals GM and Ford have committed to spending billions of euros each in coming years to try produce profitable cars powered by cleaner fuels. FCA needs to present a clear roadmap, just like Volvo Cars, which ditched diesel from its best-selling XC60 SUV, launched a new electric brand and pledged to shift all brands to hybrid by 2019, a banking source close to FCA said, noting: "The tech divide determines winners and losers in the industry." Marchionne has already said half of the wider FCA fleet will incorporate some elements of electrification by 2022, while luxury marque Maserati will spearhead FCA's electrification drive by making all new models due after 2019 electric. But its plans remain vaguer and less advanced than most big rivals and some investors wonder about the capital required to make vehicles compliant, and what share of spending can go to electrification given FCA's numerous demands.

Watch this Jeep Willys return to its birthplace after 70 years

Earlier this month, a very significant Jeep was celebrated at the Toledo North Assembly plant. No, it wasn't the upcoming reincarnation of the Jeep Cherokee, but instead it was a 1943 Willys MB that visited the Toledo grounds where it had been built exactly 70 years ago to the day.
Of course, the actual building where the MBs rolled off the assembly line before heading to Europe for World War II no longer exists, but that didn't stop Italian owner Vittorio Argento from having the vehicle shipped to the US to make its trek back to its birth place. According to Chrysler, Argento's MB is still 95-percent original and it drove 1,000 miles from New Jersey to Toledo.
The whole adventure was chronicled on a blog aptly named A Jeep Comes Home. Scroll down for a brief video from Chrysler and for some photos of the Toledo visit and be sure to read more at Argento's blog.

2018 Jeep Wrangler Moab splits the Sahara and Rubicon gap

We knew it was coming, and it's pretty much what we were expecting. The 2018 Jeep Wrangler Moab Edition is now official, is available solely as a four-door Unlimited Model with the 3.6-liter V6 engine, and splits the gap between the luxury-biased Sahara and the off-road-ready Rubicon. It's easily identifiable by the big Moab lettering on the hood, but there's a lot more to this limited edition model besides its graphics. The Moab borrows its hood and steel bumpers, complete with removable end caps, from the Rubicon. The 17-inch wheels are painted in a low-gloss black that matches the headlight surrounds, grill inserts, and tow hooks, and are shod in 32-inch mud-terrain tires. LED lighting clusters are standard front and rear. Rock rails from the Rubicon are standard, but the Sahara's side steps are a no-cost option for owners who don't plan to do any hardcore rock crawling. Jeep's new Selec-Trac full-time four-wheel-drive two-speed transfer case is also standard equipment, which means all Wrangler Moab models will have an eight-speed automatic transmission. A limited-slip rear differential is also standard. The Safety Group, which includes blind-spot monitoring, rear cross path detection and a rear backup camera, is included along with an 8.4-inch Uconnect touchscreen infotainment system. A leather interior package comes standard on the Moab and includes contrast stitching on the seats and dash. Granite Crystal, Billet Silver, Punk'n Metallic (orange), Mojito! (green), Black, Bright White, Sting Gray, Ocean Blue Metallic and Firecracker Red are all available on the Moab, which leaves the recently introduced Hellayella (bright yellow) as the only stock color that's not offered on the Moab. A body-color hard top comes standard on the Moab, and the Dual Top Group and power-operated Sky top are optional. Jeep didn't release pricing when it announced the 2018 Wrangler Moab, but an ordering guide showing a starting price of $52,695 out the door has already made the internet rounds. That makes the Moab Edition Jeep's priciest Wrangler package... so far. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.