FCA CEO Sergio Marchionne is known to speak his mind and tell it like it is. During the Automotive News World Congress, Marchionne questioned the U.S. Government's mandate of 54.5 MPG by 2025.
"There is not a single carmaker that cannot make the 54 number. The question is, at what a price?" said Marchionne.
A possible reason for the CEO of FCA to bring this up is gas prices around the nation are hovering around $2.00. Also, sales of hybrids and electric vehicles have been declining, partly due to gas prices. Now many executives say that low gas prices will pass and that they will continue in investing in newer technologies.
Now Marchionne does agree automakers can meet that deadline, but questions the timeframe of when it will be implemented.
"The question is whether 2025 is a realistic date for which to achieve it," Marchionne said. "Fifty-four will not change. The date of implementation might."
Marchionne also went on to rail the Government's plans for subsidizing electrification technology.
"Let the automotive industry get there. We'll find a way to get there in the most cost-efficient way. Don't tell me that I need to have electrification as the answer. It's improper."