Jump to content
Sign in to follow this  
William Maley

Fiat News: Sergio Marchionne Asks You To Pass On The Fiat 500e

Recommended Posts

When was the last time you ever heard the CEO of a major automaker say don't buy our car? Never? Well Fiat Chrysler Automobiles' CEO Sergio Marchionne may be the first one.

Reuters reports that Marchionne told an audience at the Brookings Institution in Washington D.C. last week that anyone considering the Fiat 500e should not buy it.

"I hope you don't buy it because every time I sell one it costs me $14,000. I'm honest enough to tell you that," said Marchionne. "I will sell the (minimum) of what I need to sell and not one more."

So why did FCA build the 500e in the first place then? It comes down to the California Air Resources Board mandate which requires the six automakers selling the most cars in the state to sell vehicles with no tailpipe emissions at all from 2012 through 2017. Vehicles such as the 500e are known as compliance vehicles.

Source: Reuters

William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.


View full article

Share this post


Link to post
Share on other sites

If anyone still does not believe that California is full of Looney Toons, I feel sorry for them. This is a MONUMENTAL waste of automakers' resources. RIDICULOUS and ASININE. :rolleyes:

Share this post


Link to post
Share on other sites

I'm surprised he didn't say anyone considering buying a FIAT shouldn't buy one...

Share this post


Link to post
Share on other sites

I'm surprised he didn't say anyone considering buying a FIAT/Chrysler group product shouldn't buy one...

FTFY!

Share this post


Link to post
Share on other sites

Funny for the repost of this, guess I should have posted my original on this in the Fiat news rather than the Italians.

http://www.cheersandgears.com/topic/83314-sergio-marchionne-says-do-not-buy-500e-we-loose-money/#entry745715

My question still stands, if Electric is so much better, then why do we not see more and better options for pure electric and yet CNG is growing with a ton of choices?

Second question is the debate over the green house gas production and the toxic waste from the battery creation. Is it better to produce these battery packs with their toxic waste from production and large initial green house gas output or burn some alternative fuel?

Share this post


Link to post
Share on other sites

It's not the California government's fault that FIAT wasn't capable of building a cost-effective electric car. This is entirely FIAT's problem and Sergio is too embarrassed to admit it. They're the ones who made a $33K subcompact.

Tesla and Nissan are making money on their electric cars. FIAT is just bad at business.

  • Upvote 5
  • Downvote 1

Share this post


Link to post
Share on other sites

It's not the California government's fault that FIAT wasn't capable of building a cost-effective electric car. This is entirely FIAT's problem and Sergio is too embarrassed to admit it. They're the ones who made a $33K subcompact.

Tesla and Nissan are making money on their electric cars. FIAT is just bad at business.

Totally agree with this, it is only a matter of time before the union controlled FIAT will die. They are terrible quality controlled products forced on the world to just accept and deal with it.

Share this post


Link to post
Share on other sites

It's not the California government's fault that FIAT wasn't capable of building a cost-effective electric car. This is entirely FIAT's problem and Sergio is too embarrassed to admit it. They're the ones who made a $33K subcompact.

Tesla and Nissan are making money on their electric cars. FIAT is just bad at business.

Totally agree with this, it is only a matter of time before the union controlled FIAT will die. They are terrible quality controlled products forced on the world to just accept and deal with it.

One has to wonder what sane person wants a car the size of a golf cart with the crash worthy ness of a brown paper bag.

Share this post


Link to post
Share on other sites

It's not the California government's fault that FIAT wasn't capable of building a cost-effective electric car. This is entirely FIAT's problem and Sergio is too embarrassed to admit it. They're the ones who made a $33K subcompact.

Tesla and Nissan are making money on their electric cars. FIAT is just bad at business.

Totally agree with this, it is only a matter of time before the union controlled FIAT will die. They are terrible quality controlled products forced on the world to just accept and deal with it.

One has to wonder what sane person wants a car the size of a golf cart with the crash worthy ness of a brown paper bag.

No one that values quality of life of loved ones, friends and family would risk people in these subcompacts. For all the Green tree huggers that talk about saving the world, what is the price you put on the life of a loved one or what I would call quality of life in living if you have to be in a wheel chair or rely on others to do things for you.

Share this post


Link to post
Share on other sites

I am sure an all-electric Durango would just be such a smashing success. :rolleyes:

Share this post


Link to post
Share on other sites

Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

Share this post


Link to post
Share on other sites

Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

Alright, I can obviously sense you are a FCA hater from your many, many posts but you are just plain wrong on the Durango. Wrong, wrong, wrong. It is consistently rated very well by all the car mags, FCA is selling quite a few of them and everybody I know that has one LOVES it. That includes my sister-in-law (pre-refresh 2013) and my parents (post refresh 2014). Perhaps you haven't been in one made since 2011? I personally wouldn't touch one made before that but 2011+ models are very nice.

There are a number of FCA products you could rightfully refer to as a disaster but the current Durango is not one of them.

Share this post


Link to post
Share on other sites
Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

Not a FCA fan here ......we should have saved Pontiac and Saturn

Durango might be an ok drive but it sure is dull inside and out

I think I'd trust vw before Chrysler

Share this post


Link to post
Share on other sites

Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

Not a FCA fan here ......we should have saved Pontiac and Saturn

Durango might be an ok drive but it sure is dull inside and out

I think I'd trust vw before Chrysler

Pretty much this.

Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

Alright, I can obviously sense you are a FCA hater from your many, many posts but you are just plain wrong on the Durango. Wrong, wrong, wrong. It is consistently rated very well by all the car mags, FCA is selling quite a few of them and everybody I know that has one LOVES it. That includes my sister-in-law (pre-refresh 2013) and my parents (post refresh 2014). Perhaps you haven't been in one made since 2011? I personally wouldn't touch one made before that but 2011+ models are very nice.

There are a number of FCA products you could rightfully refer to as a disaster but the current Durango is not one of them.

In all fairness to Chryselr, no I have not been in one post 2011. Maybe I will check one out.

Edited by A Horse With No Name

Share this post


Link to post
Share on other sites

Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

WRONG - Do not pass go, Do not collect $200. The Durango had problems as a full size for the second generation but the first and the 3rd or current Durango are a success and this was way before Fiat really got involved. After this generation then you can blame Fiat if the Durango go south. But right now the current Durango and if they built a Hybrid like the Volt on the Durango would be a success.

Share this post


Link to post
Share on other sites
Not a FCA fan here ......we should have saved Pontiac and Saturn

Durango might be an ok drive but it sure is dull inside and out

I think I'd trust vw before Chrysler

Well, I owned a 2007 Saturn Aura and a 2008 Saturn Vue when GM announced they were folding the brand and I have always been a big Pontiac fan so I wasn't thrilled when they were both killed. I guess I could also throw in that I have had three 2005+ Saab's, including a 2007 9-5 when they sold Saab. Apparently my interest in a GM brand helps kill it. lol Let's hope my Cruze purchase doesn't lead to the death of Chevrolet.

All kidding aside, though, I think it was right to kill those two brands as opposed to all of Chrysler. Chrysler going under would have put a lot more people out of work than two brands dying plus I am a firm believer having fewer brands will make GM stronger. Much like you (and many other people) I was surprised they picked Buick over Pontiac but all I can say about that is... China.

Do you really think the Durango is dull inside and out? To each their own, I guess. I personally feel it is one of the better looking SUV's on the market right now. The interior isn't as nice as the GC's but it's still pretty nice. Out of curiosity, what do you like better for the price?

In all fairness to Chryselr, no I have not been in one post 2011. Maybe I will check one out.

As dfelt stated the current generation GC and Durango were actually started under Cerberus. They both are huge improvements over their predecessors IMO and the MY14 refresh enhanced them both even more. If you are bored one day, you may want to swing by your local dealership and check a Durango out. You may still hate it but I wouldn't be surprised if you wound up liking it. Either way, it is always fun to stop at the dealership and check new cars out! :)

Share this post


Link to post
Share on other sites

Let me clarify hate...I used to work with a guy named Tony who was a huge Cowboys fan, he just loved Dallas. We worked together for several years and I gave him crap about the Cowboys every single day...but also loved him like a brother.

I do not mean to offend. Perhaps a better way of putting things would just be to say that I am frustrated by some Chrysler products that don't quite seem to get it all the way right. Followed a sweetly detailed 300C home tonight, thought of this thread.

I will work on having a more open mind and being less negative. There are plenty of negative people on other forums...I will stop being an ass here.

...and I will have to check out that Durango!

Share this post


Link to post
Share on other sites

Let me clarify hate...I used to work with a guy named Tony who was a huge Cowboys fan, he just loved Dallas. We worked together for several years and I gave him crap about the Cowboys every single day...but also loved him like a brother.

I do not mean to offend. Perhaps a better way of putting things would just be to say that I am frustrated by some Chrysler products that don't quite seem to get it all the way right. Followed a sweetly detailed 300C home tonight, thought of this thread.

I will work on having a more open mind and being less negative. There are plenty of negative people on other forums...I will stop being an ass here.

...and I will have to check out that Durango!

I don't get offended by your comments and I don't think you were being an ass! :) You are entitled to your opinions even if folks don't agree with them. Like I said, there are still a number of FCA products that deserve to be picked on. I just think you picked on the wrong one! :D I really do think you will like the latest generation(or at least have a much more positive impression) if you check one out.

IMO pretty much every automaker makes at least one product that deserves a little bashing.

  • Upvote 2

Share this post


Link to post
Share on other sites

Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

The latest Durango is great. I just took one on a 450 mile trip and averaged 28.6 mpg from the V6/8-speed/RWD

  • Upvote 2

Share this post


Link to post
Share on other sites

Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

The latest Durango is great. I just took one on a 450 mile trip and averaged 28.6 mpg from the V6/8-speed/RWD

Wow.

Share this post


Link to post
Share on other sites

Let me clarify hate...I used to work with a guy named Tony who was a huge Cowboys fan, he just loved Dallas. We worked together for several years and I gave him crap about the Cowboys every single day...but also loved him like a brother.

I do not mean to offend. Perhaps a better way of putting things would just be to say that I am frustrated by some Chrysler products that don't quite seem to get it all the way right. Followed a sweetly detailed 300C home tonight, thought of this thread.

I will work on having a more open mind and being less negative. There are plenty of negative people on other forums...I will stop being an ass here.

...and I will have to check out that Durango!

I don't get offended by your comments and I don't think you were being an ass! :) You are entitled to your opinions even if folks don't agree with them. Like I said, there are still a number of FCA products that deserve to be picked on. I just think you picked on the wrong one! :D I really do think you will like the latest generation(or at least have a much more positive impression) if you check one out.

IMO pretty much every automaker makes at least one product that deserves a little bashing.

Totally agree with this, I also do not think you or anyone is being an ass, just the wrong product chosen. All Auto Companies have bad products, the Durango right now is a pretty sharp solid SUV./CUV

Given their product development, Fiat/Chrysler should consider making pot holders or gardening tools rather than automobiles. A Durango is pretty much a disaster, electric or gas powered.

The latest Durango is great. I just took one on a 450 mile trip and averaged 28.6 mpg from the V6/8-speed/RWD

Very cool to hear about the awesome Mileage.

Also Cool Avatar Pic! :D

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Who's Online   0 Members, 0 Anonymous, 66 Guests (See full list)

    There are no registered users currently online



  • Social Stream

  • Similar Content

    • By Drew Dowdell
      FCA US Reports 2019 February Sales
      Ram brand reports record February as sales rise 24 percent. Jeep® Cherokee sets February record All new heavy-duty Ram begins to arrive in dealer showrooms Auburn Hills, Mich. March 1, 2019 FCA US LLC reported today that the Jeep® Cherokee set an all-time February sales record, despite another month of bitter weather across key selling regions for the brand. The Ram brand scored another record month as well, on the back of award-winning products in the hot light-duty and heavy-duty markets.

      Following 11 straight months of year-over-year sales increases, the company's overall U.S. February sales retreated 2 percent to 162,036 vehicles in a soft market, compared with sales of 165,903 vehicles in February 2018. The Jeep brand is returning to a more "normal" sales cadence after benefiting from both the new and old Wrangler coming off the production lines this time last year.

      "The overall industry is starting off slower due in part to weather, the U.S. government shutdown and concern over tax refunds,” U.S. Head of Sales Reid Bigland said. “We still see a strong, stable economy and anticipate any lost winter sales will be made up in the spring. For us, the Ram brand was the standout in February, and Jeep Cherokee set a February record as well."

      See the attached table for the breakdown of brand and nameplate sales.

      Method of Determining FCA US LLC’s Monthly Sales. FCA US’s reported vehicle sales represent unit sales of vehicles to retail customers, deliveries of vehicles to fleet customers and to others such as FCA US’s employees and retirees as well as vehicles used for marketing. Most of these reported sales reflect retail sales made by dealers out of their own inventory of vehicles previously purchased by them from FCA US. Reported vehicle units sales do not correspond to FCA US’s reported revenues, which are based on FCA US’s sale and delivery of vehicles, and typically recognized upon shipment to the dealer or end customer. As announced on July 26, 2016, FCA US has modified its methodology for monthly sales reporting as follows:  Sales to retail customers by dealers in the U.S. are derived from the New Vehicle Delivery Report (“NVDR”) system and are determined as the sum of (A) all sales recorded by dealers during the month net of all unwound transactions recorded to the end of that month (whether the original sale was recorded in the current month or any prior month); plus (B) all sales of vehicles during that month attributable to past unwinds that had previously been reversed in determining monthly sales (in the current or prior months).  Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user.  Other retail sales are recorded either (A) when the sale is recorded in the NVDR system (for sales by dealers in Puerto Rico and limited sales made through distributors that submit NVDRs in the same manner as for sales by U.S. dealers) or (B) upon receipt of a similar delivery notification (for vehicles for which NVDRs are not entered such as vehicles for FCA employees).     US_sales_Feb_2019osv5b9gq5et3r6dni740gkn6gc.pdf
    • By William Maley
      Saying he wants to give a fresh start for the Nissan-Renault alliance, Nissan CEO Hiroto Saikawa has announced that he'll be stepping down as CEO in the coming months. In the meantime, Saikawa will be focusing on "reforming the poor governance" that weakened the Japanese automaker before leaving.
      Saikawa has been leading the charge of ousting former Nissan Chairman and CEO Carlos Ghosn, a bit surprising since Saikawa was a protege of Ghosn. As we reported a month ago in the rumorpile , the relationship between Saikawa and Ghosn has been strained due to the two clashing on various issues. There was talk about Ghosn ousting Saikawa during a board meeting in November, but that would not happen as Ghosn would be arrested before it.
      Saikawa's reign as Nissan CEO has been problematic with a number of vehicles being recalled in Japan due to improper inspections and declining sales in the U.S.
      Source: Bloomberg

      View full article
    • By William Maley
      Saying he wants to give a fresh start for the Nissan-Renault alliance, Nissan CEO Hiroto Saikawa has announced that he'll be stepping down as CEO in the coming months. In the meantime, Saikawa will be focusing on "reforming the poor governance" that weakened the Japanese automaker before leaving.
      Saikawa has been leading the charge of ousting former Nissan Chairman and CEO Carlos Ghosn, a bit surprising since Saikawa was a protege of Ghosn. As we reported a month ago in the rumorpile , the relationship between Saikawa and Ghosn has been strained due to the two clashing on various issues. There was talk about Ghosn ousting Saikawa during a board meeting in November, but that would not happen as Ghosn would be arrested before it.
      Saikawa's reign as Nissan CEO has been problematic with a number of vehicles being recalled in Japan due to improper inspections and declining sales in the U.S.
      Source: Bloomberg
    • By William Maley
      Ask Peter Welch, the CEO of the National Automobile Dealers Association (NADA) what worries him the most, he'll admit that it is average consumers getting priced out of new cars.
      He admitted this yesterday at the Automotive News World Congress in Detroit. Welch said that the latest figures he has seen - through October of last year - reveal the average retail price of a new car climbing to a new high of $35,366. The average monthly payment is hovering at $538, and interest rates have climbed to an average of 5.76 percent (new) and 9 percent (used). Longer loan terms are becoming common, with the average length standing at 64.3 months.
      "You know, people buying $55,000 pickup trucks with $1,000-a-month payments — I've never seen it. A lot of people don't think that's sustainable," said Welch.
      "That is going to put a giant dent in the SAARs and it almost makes me wonder if at some point we're going to see another Henry Ford," offering new and more affordable vehicles.
      Aside from more people buying more expensive trucks and utility vehicles, Welch said other reasons for the increases in prices come down to new fuel economy standards and safety equipment. He sees new car prices rising towards $40,000 with $800 monthly payments.
      On a slightly positive note, NADA predicts that 16.8 million light vehicles will be sold in 2019. While down from 17.3 million in 2018, Welch notes there are some positive economic indicators "such as high employment rates, a solid GDP and a healthy economy overall."
      Source: Automotive News (Subscription Required) 

      View full article
    • By William Maley
      Ask Peter Welch, the CEO of the National Automobile Dealers Association (NADA) what worries him the most, he'll admit that it is average consumers getting priced out of new cars.
      He admitted this yesterday at the Automotive News World Congress in Detroit. Welch said that the latest figures he has seen - through October of last year - reveal the average retail price of a new car climbing to a new high of $35,366. The average monthly payment is hovering at $538, and interest rates have climbed to an average of 5.76 percent (new) and 9 percent (used). Longer loan terms are becoming common, with the average length standing at 64.3 months.
      "You know, people buying $55,000 pickup trucks with $1,000-a-month payments — I've never seen it. A lot of people don't think that's sustainable," said Welch.
      "That is going to put a giant dent in the SAARs and it almost makes me wonder if at some point we're going to see another Henry Ford," offering new and more affordable vehicles.
      Aside from more people buying more expensive trucks and utility vehicles, Welch said other reasons for the increases in prices come down to new fuel economy standards and safety equipment. He sees new car prices rising towards $40,000 with $800 monthly payments.
      On a slightly positive note, NADA predicts that 16.8 million light vehicles will be sold in 2019. While down from 17.3 million in 2018, Welch notes there are some positive economic indicators "such as high employment rates, a solid GDP and a healthy economy overall."
      Source: Automotive News (Subscription Required) 
  • My Clubs

  • Recently Browsing

    No registered users viewing this page.

  • Reader Rides

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...