Read more about the FCA Boss Thinks Diesel is Dead at AutoGuide.com.It sounds like Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne thinks diesel is dead.
Volkswagen‘s massive diesel scandal has already caused several automakers to pull their dieselmodels from the market, and now Marchionne’s comments suggests FCA is next. 'The disengagement is happening,' he said. 'Since dieselgate, the share of diesel sales has reduced month by month. There’s no point denying that, and it’s clear that the cost of making diesel reach the new standards is going to become prohibitive.'
His comments don’t 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.