
Fiat Chrysler Automobiles CEO Sergio Marchionne’s new five-year plan for the automaker won’t start rewarding shareholders until 2017 at the earliest. Some wonder if there will ever be a payout.

Fiat Chrysler Automobiles CEO Sergio Marchionne’s new five-year plan for the automaker won’t start rewarding shareholders until 2017 at the earliest. Some wonder if there will ever be a payout.

Fiat Chrysler executives did something highly unusual Tuesday: They revealed to analysts and media key pillars of the company’s product plans, financial goals and sales targets for the next five years.
The international media launch of the BMW i8 in Los Angeles will include the presentation of a solar carport concept developed by BMW Group DesignworksUSA for the use of renewable energy. It combines high-grade technology for generating electricity from solar power with an innovative design that complements the BMW i models.
Car enthusiasts gathered to celebrate more than a century of motoring at the annual Concours D’Elegance car show in Beverly Hills, Californina. (May 7)

Citroen chief Frederic Banzet will be replaced by the brand’s UK head, Linda Jackson, PSA/Peugeot-Citroen said.