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Fiat CEO doesn’t want you to buy an electric car

Fiat 500e

Chief Executive Sergio Marchionne stated at a conference at the Brookings Institution, Washington, that Fiat loses money on their 500e model and he hopes people won't buy the car. "I will sell the (minimum) of what I need to sell and not one more." (Sergio Marchionne) Marchionne said Tesla Motors Inc was the only company making money on electric cars and that was because of … [Read more...]

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