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FCA Boss Thinks Diesel is Dead
It sounds like Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne thinks diesel is dead.
Ďs massive diesel
scandal has already caused several automakers to pull their dieselmodels from the market, and now Marchionneís comments suggests FCA is next. 'The disengagement is happening,' he said. 'Since dieselgate, the share of diesel sales has reduced month by month. Thereís no point denying that, and itís clear that the cost of making diesel reach the new standards is going to become prohibitive.'
His comments donít come as a real surprise, especially since Marchionne is one of the more blunt CEOs out there. One could argue that other automakers are thinking the same, but are just afraid to say it.
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