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Health & Fitness

Sergio Marchionne: Don't Buy Electric Fiat

The CEO of Fiat Chrysler said he hopes that people don’t buy his company’s electric car, the Fiat 500e, which he is forced to sell at a loss because of state and federal mandates.

“I hope you don’t buy it because every time I sell one it costs me $14,000,” Sergio Marchionne told the audience at the Brookings Institute during a discussion of the auto bailout.

SOURCE:  http://dailycaller.com/2014/05/22/car-exec-loses-money-on-electric-cars-says-i-hope-you-dont-buy-it-video/#ixzz32YYODXHM


JP: Sergio, what's the deal with the Alfa Romeo 4C--- no clutch, no a/c, tiny trunk?  http://www.caranddriver.com/alfa-romeo/4c

[Fiat makes Ferrari, Maserati, Alfa Romeo, Fiat (Fabbrica Italinana Automobili Torino), etc. ]

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