Fiat Chrysler to phase out diesel by 2022: reports
Fiat Chrysler Automobiles (FCA) will remove the diesel option from all its cars by 2022, according to reports.
The Financial Times reported that under a strategic plan to be unveiled June 1, the carmaker intends to ditch diesel powertrains from all passenger cars within the next four years, although it is expected to retain them for commercial vehicles.
The move would follow in the steps of Toyota, whose chief executive said in October the Japanese company would likely not introduce new diesel models in the future.
Last week, Britain’s Vehicle Remarketing Association urged dealers to prepare for a shift away from diesel towards petrol in the used segment, as carmakers adapt their output to changes in fuel type demand.
Unlike other carmakers including Toyota, FCA has not made major announcements over electric vehicle (EV) investment.
In a January interview with Bloomberg Businessweek, chief executive Sergio Marchionne said the company was “reluctant” to make predictions about the future, but added that the shift towards hybrid in the long run would be part of a “normal development”.
He also hinted at the intention to move FCA into the car sharing and mobility space, through the support of dealer networks. FCA has recently partnered with BMW and Intel on self-driving vehicles, and is also part of an EU-wide consortium on automated driving research.