“Fiat Chrysler Automobiles Chief Executive Sergio Marchionne has a request for potential buyers of the automaker’s Fiat 500e electric car: Don’t buy it. He’s tired of losing money. Decrying the federal and state mandates that push manufacturers to build electric cars, Marchionne said he hoped to sell the minimum number of 500e cars possible. Through April, the automaker sold 11,514 of the 500 cars in the United States this year, down about 15 percent from the same period last year. The company does not break out 500e sales. ‘I will sell the (minimum) of what I need to sell and not one more,’ Marchionne said of the 500e.”
http://www.reuters.com/article/2014/05/21/chrsyelr-ceo-evs-idUSL1N0O71MS20140521
Related posts:
Under military rule, Venezuela oil workers quit in a stampede
John Kerry says North Korea conditions for talks ‘unacceptable’
Owner wins court battle against feds trying to seize his Tewksbury motel
Venezuelan President Maduro 'to expand price controls'
Public Health Proposal Considers Mandatory ‘Smokers License’
China's Securities Regulator Says Stock Intervention Needed at Times
Baghdad ballot warehouse mysteriously catches fire a week after re-count ordered
Legalise ganja to treat HIV, cancer, doctors tell gov't
Judge Freezes U.S. Assets of Mt. Gox CEO, Related Companies
Shutdown: National Park Service Closes Self-Sustaining Colonial Farm
Billionaire Saudi prince fires celebrity TV preacher for Muslim Brotherhood links
Cuba plans big tax breaks to lure foreign investors
Food Shortages in Venezuela Bigger Worry Than Constitution
SS agents camp outside woman's house after dispute with neighbor
How gut microbes are joining the fight against cancer