Chrysler Dropping Jeep Compass and Chrysler MPV

ChryslerChryslerUnited States of America, 1925 > present70 models
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and FiatFiatItaly, 1899 > present159 models
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CEO Sergio Marchionne says that Chrysler is dropping the Jeep CompassJeep CompassUnited States of America, 2007 > present41 versions
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and Chrysler Town & CountryChrysler Town & Country (modern) Gen.5United States of America, 2008 > present12 versions
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from the company's lineup in 2014, and they will be replaced by a single crossover model. This will leave the Chrysler Group with a single minivan- the Dodge Grand CaravanDodge Caravan Gen.5United States of America, 2008 > present18 versions
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. Marchionne wants to give each Chrysler brand its own identity and eliminate product overlap. 

Both cars fill niches that already exist in the Chrysler brand. The Compass competes directly with the Jeep PatriotJeep PatriotUnited States of America, 2007 > present24 versions
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, and the Town & Country is identical to the Grand Caravan but with a better interior. 

The plan is that the Town & Country will be replaced with a more luxurious crossover. The Compass and Jeep Patriot ride on the same platform and will likely get a new generation around 2015. 

Chrysler plans to have a hybrid in its lineup by 2017. It also plans to have an electric Fiat 500Fiat 500 (modern)Italy, 2007 > present240 versions
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in the US later this year as a green halo model. Marchionne said that it would lose money on every one it sold. 

Source: Automotive News