Fiat-Chrysler CEO Begs America to Kill More Polar Bears, or Something Michael Schaus | May 23, 2014
Under the direction of Marchionne, Fiat Chrysler is apparently taking a new approach to keeping the company solvent: Sell cars that people actually want to buy. And he is letting everyone who will listen know that the automaker’s electric version of the 500 is not a car you want… He hopes. As it turns out, each 500e that rolls off the showroom floor costs the company money. A lot of money… And that’s after all of Obama’s cute little tax credits and manufacturer “incentives”.
According to Reuters:
“I hope you don't buy [one] because every time I sell one it costs me $14,000” he said to the audience at the Brookings Institution about the 500e. “I'm honest enough to tell you that…I will sell the (minimum) of what I need to sell and not one more.” View Full Article