By Jo Borras •
November 5, 2009
Yesterday, Chrysler/Fiat’s new CEO Sergio Marchionne presented the 5-year business plan he hopes will save Chrysler, and bring Fiat back to the US market for the first time in nearly 30 years. The company presented its plan during a live, seven-hour-long marathon webcast, which was notable for two things: first, a virtually unprecedented willingness to discuss future product, and, second, the conspicuous absence of New Chrysler’s much-ballyhooed ENVI electric-vehicle division.
What happened to the Dodge EV? Can we expect some innovative green tech from Marchionne’s new Dodge product future? The depressing reality, after the jump.
By Nick Chambers •
July 23, 2009
The Tata Nano has been making a splash recently as one of the world’s cheapest and most fuel efficient cars marketed towards developing economies where cars are generally considered a luxury. Now Fiat and Tata have announced plans to market the car in South America.
Behind Italy, Brazil is already Fiat’s second largest market so it only makes sense that Fiat would want to grab more market share in the ultra low-end category.
This column highlights the top economic stories of the week.
While the Obamas and the Sarkozys have been celebrating the anniversary of D-Day in Normandy, this past weekend, Chrysler has its own D-Day to deal with. Indiana pension funds and consumer groups asked the U.S. Supreme Court on Sunday to stop the sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat, while they challenge the [...]
This new column highlights the top economic stories of the week.
At the outset of this week, it looked like the Swine flu might be the largest influenza epidemic since the virus that wiped out a significant portion of the world’s population at the end of the first World War. Local economies everywhere have been affected given that people have stopped going out for fear of “The SuperFlu.”
Not [...]
Just a few hours after General Motors called for a standardized EV plug, one has been created!
Caroline Reichert, a spokeswoman for the Germany energy company RWE, said leading automotive and energy companies have reached an agreement for a standardized plug for electric cars. Some of the automakers include in that agreement are Volkswagen, BMW, Ford, General Motors, Fiat, Toyota and Mitsubishi.
