Because Sergio Marchionne said so, OK?
Just a mick
In actuality the problem comes from the strangulation methods employed by Brussels, getting small diesel cars to conform to Euro Emission regs is adding too much overhead in the form of emissions technology. At that point the margins start to turn back and no one wins...
Sergio did actually say this however...
Just a mick
In actuality the problem comes from the strangulation methods employed by Brussels, getting small diesel cars to conform to Euro Emission regs is adding too much overhead in the form of emissions technology. At that point the margins start to turn back and no one wins...
Sergio did actually say this however...
http://www.thetruthaboutcars.com/2014/04/marchionne-no-money-in-small-diesel-cars/You can do this on a larger vehicle because of the costs associated with those vehicles. It’s much more difficult to join with a car like [the Chrysler 200 sedan] and keep the margins above normal. Other manufacturers are making the cars. The question of whether they’re making money is a question you should ask them specifically.