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Fiat Chrysler Automobiles next-generation Ram pickup truck will go on sale by January 2018, Chief Executive Officer Sergio Marchionne said on Friday. "We will be in market by January of '18," said Marchionne of the new version of FCA's top-selling vehicle in North America, where it made nearly 90 percent of its first-quarter profit.
Speaking to reporters at the FCA plant in Windsor, Ontario, Marchionne also said the company will cease production of the Chrysler 200 midsize sedan by the end of this year or in early 2017. Previously he had said the company would stop making the light-selling sedan, but not when. Marchionne said FCA is still looking for a manufacturing partner to continue to build the Chrysler 200 as well as the compact Dodge Dart sedan. Marchionne was at the Windsor plant to thank its 5,700 hourly and 300 white-collar workers for the launch of the 2017 Chrysler Pacifica minivan, which went into production on February 29.

Copyright Reuters, 2016

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