MILAN (Reuters) - Fiat Chrysler (MI:FCHA) (N:FCAU) plans to eliminate diesel from all its passenger vehicles by 2022, amid a collapse in demand and spiraling costs, the Financial Times reported on Monday.
Under a four-year plan to be unveiled on June 1, the car-maker will announce it intends to phase out the fuel type from the cars across its brands, the FT said, citing people familiar with the company strategy.
Contacted by Reuters on Monday, Fiat Chrysler declined to comment on the report.