Tag: Sergio Marchionne

Jun 2, 2018 - 01:33 pm

FCA calls for electric models across all brands

The era of Sergio Marchionne is nearing its end, but before the head of Fiat-Chrysler quits his job next year, he wants to ready all brands for an electrified future. His 5-year plan calls for a move away from diesel and into electric and hybrid models.

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Mar 12, 2018 - 05:32 pm

Ferrari’s first production hybrid model due by 2019

In mid-2019, Ferrari’s first production hybrid car will see the light of the day, says CEO Sergio Marchionne, following the very limited hybrid hypercar La Ferrari. Once the new system gets through testing it will likely power the Italians’ hybrid SUV.

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Feb 26, 2018 - 12:25 pm

Fiat-Chrysler to ditch diesel by 2022

Fiat Chrysler wants to phase out all diesel models over the next four years, according to a report by the Financial Times. This includes all passenger cars made by FCA labels Fiat, Chrysler, Maserati, Alfa Romeo and Jeep.

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Dec 4, 2017 - 10:41 am

Fiat Chrysler attracted by Hyundai’s H2 tech

Fiat Chrysler considers a technical partnership with its South Korean rival Hyundai, according to a statement of CEO Serio Marchionne. The company shall be particularly interested in Hyundai’s H2 respective fuel cell systems.

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Oct 11, 2017 - 09:43 pm

Matthias Müller, Sergio Marchionne.

“We see a tipping point between the two in five to seven years, which will help balance our revenues.”

VW Group CEO Matthias Müller believes in a “good co-existence between combustion and electrified models”. And as he expects costs of batteries and other EV components to fall significantly in the upcoming years, so both could be equally profitable around 2023.

“As much as I like Elon Musk, and he’s a good friend and actually he’s done a phenomenal job of marketing Tesla, I remain unconvinced of a … economic viability of the model that he’s pitching.”

Fiat Chrysler CEO Sergio Marchionne does not get tired to share his sceptical thoughts, doubting that electrification really makes sense. In his latest statement he says that the whole car industry – including Tesla – still has no “viable economic model for delivering an electric car”.


Oct 5, 2017 - 08:26 am

Maros Sefcovic, Sergio Marchionne.

“Our ambition is to create real production in the EU – a full value chain, including recycling.”

EU Commissioner Maros Sefcovic wants to join forces to establish a European battery production and thus invites representatives of the auto, chemistry and technology industry to a „battery summit“ in Brussels.

“Because of the time-frame chosen in Europe, we have to electrify. But if you tell me that this is the answer, I say no.”

Fiat Chrysler CEO Sergio Marchionne states that governments like in France, Norway or the UK are somehow forcing his company to join the electrification path, but does not hide at all that he keeps on being sceptical.

Aug 10, 2017 - 07:43 am

European Union, Sergio Marchionne.

European-Flag“Generally speaking, the Commission is looking into ways to promote use of low carbon energy and transport, but none of them includes quotas for electric cars.”

A European Union spokeswoman denied a report in German Handelsblatt that cited EU sources as saying the European Commission wanted to set a quota for electric cars from 2025.

Sergio-Marchionne“I talked with Toto, but I do not think Ferrari enters directly. However, we are thinking of doing so as FCA.”

Ferrari president Sergio Marchionne does not plan to follow Formula 1 rival Mercedes in to Formula E with Ferrari, but he is open to entering another FCA brand but would not clarify which that might be.

Apr 3, 2017 - 09:51 pm

Sergio Marchionne, Bob Lutz.

Sergio-Marchionne“We need to be involved in Formula E because electrification via hybridisation is going to be part of our future.”

Ferrari’s CEO Sergio Marchionne underlines the luxury brand’s interest to take part in the Formula E. That it will become a full FE manufacturer is unlikely though, at least until 2022 but Ferrari could enter in to a branding partnership with an existing team.

bob-lutz“Don’t get me wrong, what Musk has achieved, whether it is profitable or not, is incredible.”

Auto industry legend Bob Lutz continues to doubt Tesla’s commercial viability but here for once shows some admiration and went as far as to say the Model S is “one of the best-looking full-size sedans ever.”

Mar 13, 2017 - 03:08 pm

Hinrich J. Woebcken, Sergio Marchionne.

Hinrich-Woebcken“We are in front of the tipping point, I am 100 percent convinced.”

Hinrich J. Woebcken, CEO of Volkswagen’s North America, puts all his hopes on electric and autonomous vehicles after diesel gate. He hopes for a reallocation of former diesel budgets to hybrid and electric vehicles.

Sergio-Marchionne“There are very few things that are certain in this market – apart from one, and that is that small displacement diesels are dead.”

Fiat Chrysler boss Sergio Marchionne has derived at similar conclusion like his colleague but remains reluctant in terms of electrification.

Jan 17, 2017 - 09:24 am

Gerard Detourbet, Sergio Marchionne, Patrice Ratti.

Gerard-Detourbet_100x100px“Look to China rather than the U.S. for the future of electric cars. China is compelled to act – that’s the main difference.”

Gerard Detourbet, a Renault-Nissan executive leading low-cost plug-in development, snubbed the U.S. reservation towards electrification, especially with President-elect Trump vowing to roll back previous measures. U.S. carmakers still invest in electric mobility – but mainly to keep up in China and not at home.

Sergio-Marchionne“The single largest drawback to electrification to us as OEMs is that we’re no longer in control of the components side; all batteries will be made by others.”

Fiat-Chrysler CEO Sergio Marchionne says that while the carmaker can develop a lot of technology in regards to electric powertrains on its own, many parts and especially the battery will come from others. “It’s really a question of capacity and access to that capacity,” he added.

Patrice-Ratti“A full-electric RS car, yes, it’s coherent with the strategy of Renault and the evolution of the market and we’re looking at the improvements of the batteries now, but it’s still not enough yet.”

Renault Sport boss Patrice Ratti says that performance hybrids and even a full EV model have a place in carmaker’s future line-up. But at this point, the cars would still be too heavy.

Jun 21, 2016 - 09:03 am

Sergio Marchionne, Gareth Dunsmore, Jay Leno.

Sergio-Marchionne“I’m not as convinced as some others are about the fact that electrification is the solution for all of man’s ills. We need to experiment as we are doing now with connected cars and mobility as electrification is one of the potential answers.”

Fiat-Chrysler CEO Sergio Marchionne might still not seem very enthusiastic about giving electric mobility a shot, but at least he no longer shuns the possibility. The carmaker is looking to launch a small electric city car followed by an electric Maserati in Europe.

Gareth-Dunsmore“We’re leaders in crossovers and a leader with Leaf and we will combine those two in the future.”

Nissan’s European EV Director Gareth Dunsmore says the manufacturer is looking to build all its cars on a platform fit for electric drivetrains from the beginning, meaning new versions of today’s models could be electrified.

Jay-Leno“I’ve got a Model S P90D, it’s a fantastic car. I don’t understand why people attack this car. It is made in America, by Americans. It is built local. You know we are becoming like the British — we like noble failures more than we reward success. I don’t know why that is.”

Jay Leno, host of “Jay Leno’s Garage,” is one of the biggest car collectors. He owns no less than 286 vehicles, including a Tesla, which he defends against critics. Especially since media seems to focus more on failures than success.

May 4, 2016 - 08:31 am

Stefan Knirsch, Sergio Marchionne, Harald Krüger.

Stefan-Knirsch_100x100px“It may appear today as if all e-motors are the same, but they aren’t. They are at a development stage similar to where combustion engines were in the 1960s or ’70s.”

Audi’s head of development Stefan Knirsch confirms that the German automaker will make in-house build electric drivetrains one of its core competences. He does, however, not see the diesel engine as being dead quite yet.

Sergio-Marchionne“There is nothing Tesla does that we cannot also do. We build cars, sell them, and are still able to pay the bills. But I’m not even sure you can recover all of your costs — let alone generate a profit — through electrification.’

Fiat Chrysler CEO Sergio Marchionne said in an Interview that a hybrid version of a topless LaFerrari Spider is in the pipelines. But pure EVs are still out of the question.

Harald-Krueger“R&D development of iNext will start now. And we have the people on board to do so.”

BMW CEO Harald Krüger says the company has enough qualified people to continue with its electric vehicle programme. Just recently, a handful of key staff had left BMW to join the EV start-up Future Mobility, which is financially backed by Chinese Foxconn.

Apr 18, 2016 - 07:59 am

Sergio Marchionne, Takeshi Uchiyamada, Diarmuid O'Connell.

Sergio-Marchionne“If [Tesla CEO Elon Musk] can show me that the car will be profitable at that price, I will copy the formula, add the Italian design flair and get it to the market within 12 months.”

Fiat Chrysler CEO Sergio Marchionne isn’t opposed to building a compact electric car if it makes sound business sense. 400,000 Tesla Model 3 have already been reserved, but Marchionne wants to wait until the cars are delivered before being convinced.

Takeshi-Uchiyamada“It did not run. We applied all the engineering brain power we had. After 49 days, the day before Christmas, it finally ran. But only for 500 meters. We did not give up. Two years later in 1997, we introduced a breakthrough hybrid-powered vehicle called the Prius.”

Toyota chairman Takeshi Uchiyamada is known as the father of the Prius hybrid. Toyota is still struggling to push hydrogen cars, and Uchiyamada is reminded of the many troubles his Prius hybrid initially faced.

Diarmuid-O-Connell“It’s a success as far as it is right now. The real success will be delivering a great product at the volumes are possible and necessary.”

The Tesla Model 3 may be making huge waves, but the real test, says Diarmuid O’Connell, Tesla Vice President of Business Development, is yet to come.
electrek.co (with video)

Oct 30, 2015 - 09:23 am

Sergio Marchionne, Toshihiro Mibe, Jia Yueting.

Sergio-Marchionne“Everybody has had these wonderful ideas about the fact that battery costs per kilowatt hours would drastically drop … we haven’t seen it yet; I think it may be overly optimistic.”

Fiat Chrysler CEO Sergio Marchionne is his usual self here, who puts electric cars not high on his agenda. However, the sceptic has come round to accept hybrids and predicts “most of the fleet to go hybrid by 2023.”

Toshihiro-Mibe“Electrification is costly technology to pursue, but manufacturing costs … are coming down fast and we will hit a point soon where costs for electrified cars will be cheaper than for diesel cars.”

Honda Motor operating officer Toshihiro Mibe believes “diesel is not going to play a role at all” in lowering emission standards beyond 2020. By then, maybe hydrogen will.

Jia-Yueting“LeTV’s idea about car differs from that of Tesla.”

Says Jia Yueting from LeTV, who went on to explain that the internet firm aims for the “creation of a brand new blueprint for city transport system” and not individual transport.

May 12, 2015 - 08:17 am

Sergio Marchionne, Jochem Heinzmann, Ouyang Mingao.

Sergio-Marchionne“I’m incredibly impressed with what that kid has done.”

Sergio Marchionne, head of Fiat-Chrysler, said he met with Elon Musk and Tim Cook, the CEOs of Tesla and Apple. What exactly was discussed during the meeting was not revealed, but Marchionne praised Musk for his achievements.

Jochem-Heinzmann“In the near future, we will be offering Chinese customers an impressive choice of over 20 electric vehicles, from small cars to large sedans and SUVs, from plug-in hybrids to all-electric drives. We cannot allow the electric car to be a compromise on wheels. It has to be perfect in every way – technically mature, practical, safe and affordable.”

Jochem Heinzmann, member of the Volkswagen Group Board of Management with responsibility for China, plans to kick off “the biggest emobility initiative in China’s automotive history”, investing 18m euros to develop new models and to add capacity at its factories there.

anonym“We believe that sales of new energy cars will hit the 200,000 mark this year or next year, at latest. This will end the stage of introduction into the market and initiate rapid growth, at an annual clip of 5%-10%, boosting sales to an approximate 2 million cars by 2020.”

Ouyang Mingao, professor at Tsinghua University in Beijing, said that sales of electric and plug-in hybrid cars in China may top global sales charts this year, after already experiencing a major boom in 2014.

Mar 4, 2015 - 10:04 am

Martin Winterkorn, Sergio Marchionne, Harald Kroeger.

martin-winterkorn“If these two companies intend to solely produce electric vehicles, it could go fast.”

Volkswagen CEO Martin Winterkorn here comments on Apple’s and Google’s electric car projects which he seems to take seriously. However, he does trust that even the iPhone generation will opt for the right car from the right manufacturer in the end…

Sergio-Marchionne“It’s exactly what this industry needed: a disruptive interloper. It’s a good thing but when you are one of the guys whose life is being disrupted then you are not necessarily looking forward to the event.”

Sergio Marchionne, CEO of Fiat Chrysler Automobile, does welcome the competition from the computer world for the EV market as a whole but also sees Apple and Google as what they might become: guys to lose market share to or to run after.

Harald-Kroeger“There are literally thousands of scientists working on the problem. A breakthrough happened with lithium-ion technology not long ago when it wiped out nickel-hydride, and another one will come soon.”

Harald Kroeger, Mercedes’ VP of electronics and e-drive, believes a breakthrough in battery technology is near and could double EV range in about ten years time.

Jan 14, 2015 - 09:06 am

Carlos Ghosn, Sergio Marchionne, Alejandro Agag.

Carlos-Ghosn“We are the leaders and we frankly intend to continue to be the leaders.”

Renault-Nissan CEO Carlos Ghosn is not particularly impressed by Chevy’s 200-mile Bolt as Nissan is working on an EV with a similar range, he said. Looks like the Leaf will get a battery upgrade soon.

Sergio-Marchionne“I think automakers’ costs are well in excess of what I consider a mature industry to be able to afford.”

Fiat Chrysler Automobiles CEO Sergio Marchionne is reaching out to fellow carmakers to share costs of research and development of new vehicles and technologies.

Alejandro-Agag-2014“We think that next year we will have at least four or five manufacturers in the championship. Two years ago we didn’t have cars, we didn’t have venues, we didn’t have teams. We didn’t have sponsors or broadcasters. Today we have a championship going full-on with big fights between the drivers.”

Formula E CEO Alejandro Agag is excited about future prospects of the electric racing series. Next year, the races will be open to manufacturers to take part with their own vehicles and technologies.

Oct 10, 2014 - 08:55 am

Sergio Marchionne, Anand Mahindra, Kazuhiro Tsuga.

Sergio-Marchionne“I keep on running into this fundamental economic obstacle of overcoming the cost equation of electrification. You can’t. You can’t unless there is a wholesale change and a fundamental shift in the pricing structure of cars.”

Fiat-Chrysler CEO Sergio Marchionne, who will soon hand over the reigns, remains an EV sceptic. He has however, driven the electrification of some of the models and has just pushed the launch of the hybrid Chrysler mini-van forward a year.

Anand-Mahindra“We think that plug in electrics have a very important role in the new eco system. If we just add that little touch of excitement which all vehicles purchases need to have, that emotion, that missing ingredient, I think we could be on the threshold of a real boom in electric cars.”

Anand Mahindra, Chairman and MD of the company of the same name, believes that all that is holding back EVs is the “perception that electric cars are only for the greens of the world.” This image however is changing with the Formula E and Tesla.

Kazuhiro-Tsuga“Our policy is to avoid a situation where Tesla wants to make more cars but doesn’t have enough batteries.”

Panasonic Chief Executive Kazuhiro Tsuga on the substantial investment in Tesla’s Gigafactory of which Panasonic is one of the main partners.

May 23, 2014 - 08:53 am

Sergio Marchionne, Ben Scott, Yoshio Ito.

Sergio-Marchionne“If you are considering buying a 500e, I hope you don’t buy it, because every time I sell one it costs me 14,000 dollars.”

These are the blunt words of Fiat-Chrysler CEO Sergio Marchionne, who had previously dubbed the selling of electric cars as “industrial masochism” he will personally try to avoid as much as possible.

Ben-Scott“The increasing variety of EVs and PHEVs is encouraging for the market, but there still needs to be more of these vehicles available to reach parity with internal combustion engine cars.”

Ben Scott, analyst for IHS Automotive, still sees the EV market in its early stage. Even though “EV adoption (is) exceeding the historical precedent of hybrids,” he said, more EVs need to be offered to get on par with conventional cars.

Yoshio-Ito“We will make sure to carry out investments one step at a time in line with demand.”

Yoshio Ito, Panasonic’s senior managing executive officer, on a possible investment in Tesla’s Gigafactory. After the company had signed a letter of intend earlier this month, Panasonic has not yet disclosed how much it would invest.

May 20, 2014 - 08:46 am

Lu Guanqiu, Sergio Marchionne, Peter Wells.

Lu-Guanqiu“I’ll put every cent that Wanxiang earns into making electric vehicles.”

Lu Guanqiu, chairman and founder Wanxiang Group which recently bought Fisker is determined to beat Tesla at home and abroad.

Sergio-Marchionne“Hybrids become a very large component of that fleet. You can’t get it without the hybrids. It’s impossible.”

Fiat Chrysler Automobiles CEO Sergio Marchionne reassured reporters that Chrysler would meet the governement’s fuel economy targets for 2025 but would therefore need to electrify a large part of its offering.

Peter-Wells“The danger there is if Tesla cannot make this work, the whole electric-vehicle sector will be set back a lot.”

Peter Wells, professor of business and sustainability at Cardiff Business School’s Centre for Automotive Industry Research, on Tesla’s plans for the Gigafactory.

Found on electrive.com
02.06.2018 13:11