FCA to end Diesel production

Fiat Chrysler Automobiles is to announce in June that it will be ending diesel production in it’s passenger cars by 2022. According to a report published in the Financial Times, the Four year plan, set to be unveiled in Summer will outline a complete shift away from diesel fuel vehicles across all it’s brands.

It comes as no great surprise as consumer demand for diesel has seen a major drop off over the last 12 months, following on from the VW scandal, and as technology continues to gain speed into cleaner, greener fuel alternatives. Diesel sales in Germany for example fell last month to just 33% down from 45% only a month before.

The Financial Times, citing unnamed sources ‘familiar with the strategy’ said the official unveiling of the company’s diesel announcement would be included as part of a multi year plan to be released in June. That plan is to chart the companies expectations for the future as it prepares for the planned retirement after this year of CEO Sergio Marchione.

 

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