Jack Baruth showed you the Alfa-based new Dodge Dart – but what does it mean? For Sergio Marchionne, the little car means a lot. It means the final five percent of Chrysler, to be exact.
Marchionne told Reuters [via Automotive News [sub]] that Fiat could soon receive its final 5 percent of the Chrysler stock, which would give Fiat 58.5 percent. The rest would be held by the UAW’s retiree health care trust.
A vehicle that is built in the United States and that has achieved an unadjusted combined fuel economy rating of at least 40 mpg (closer to 30 MPG combined on the window sticker) is the final milestone worth those 5 percent. Even if the vehicle making that number is a special edition (think Cruze Eco).
As Jack’s piece mentioned, the Dart will come with a number of engine options. One of these is the 1.4-liter turbocharged FIRE engine that also powers versions of the subcompact Fiat 500. A new 9-speed transmission coming from ZF Group could increase the Dart’s fuel efficiency by an additional 10 percent to 16 percent over a similar 6-speed dual clutch transmission.