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The CEO for Fiat Chrysler (remember how an Italian company helped save Detroit?) is begging Americans to kill more polar bears, pollute the air, and continue to melt the polar ice caps… Or something. There’s also an outside chance that he’s just being a responsible CEO by trying to keep his company out of bankruptcy. Whatever the reason, Sergio Marchionne is asking consumers to steer clear of the company’s all electric Fiat.Under the direction of Marchionne, Fiat Chrysler is apparently taking a new approach to keeping the company solvent: Sell cars that people actually want to buy. And he is...

Fiat CEO Sergio Marchionne discussed, in limited detail, some of the Italian company's plans for future production of its vehicles, including the Chrysler and Jeep brands, during an earnings conference call yesterday. There has been much recent speculation on the possibility that some of the once American-owned Chrysler Jeep vehicles will be outsourced and produced overseas. It was confirmed that at least some Jeeps will be manufactured outside the US in the near future. The plan is to produce a new, smaller Jeep in Italy that will be sold in Europe and also exported to America. The question now...

The Pickups and SUVs Obama had wished culled  from the lineup in 2009 now drive sales, profitablity Marchionne pretending to listen to statist bonheads FIAT has been making a lot of positive news over the last week, first by paying off all $5.9B of the US/Canadian auto bail-out loans to the US/CN Treasuries (six years early), then three days later announcing the acquisition of the entire US Government stake. This provides FIAT-and-Chrysler CEO Sergio Marchionne with complete control of Chrysler, thus ridding himself and his companies of the Obama Administration's unhelpful influence.Obviously Obama could use anything that resembles an economic success story right about...

SAN FRANCISCO, Feb 4 (Reuters) - Chrysler Group LLC is working to refinance what its chief executive characterized as "shyster loans" that the Obama administration extended as part of a bailout to keep the automaker from collapse in 2009. "I want to pay back the shyster loans," Sergio Marchionne said at an industry conference, using a derogatory term for an unethical lawyer or politician. "Pay back the loans, get those out and then take (the company) public." Marchionne, who is also CEO of Italy's Fiat SpA (FIA.MI), has said repeatedly that the high interest rates on loans Chrysler owes the...