Fiat Chrysler Unveils Five-Year Plan to Invest in Electric, Self-Driving Vehicles

Auto maker forecasts up to a doubling of income and double-digit profit margins by 2022

BALOCCO, Italy—Fiat Chrysler Automobiles NV on Friday laid out a five-year vision for the company that embraces the two biggest shifts in the industry—boosting sales of SUVs and trucks while investing in future technologies such as electric-powered and self-driving cars.

If that works out as planned, the auto maker expects to double operating profit to €16 billion ($18.71 billion) by 2022 and hit double-digit profit margins from 6.8% today.

...