General World News

Marchinonne’s Bet Against History

The news that Fiat-Chrysler is the latest auto-maker caught having massively – and probably illegally – exceeded allowable emission levels for its diesels cars raises a major question: will this crisis shake Chrysler CEO Sergio Marchionne’s long standing bet against history, in particular against the replacement of the internal combustion engine by the electric drive train? Marchionne stands almost alone in the auto industry in denying the electric future – but now that he too faces an existential crisis over diesel cheating, how much longer can he – or his shareholders – cling to the combustion read more >>>

Source:: HuffingtonPost.Com