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He made a lot of mistakes, he was not a car guy. Look at cheap electric chinese cars. Tech is old and perfect for Italy. He simply didn't understand the techno
by _giorgio_ 3y ago
He made a lot of mistakes, he was not a car guy.
Look at cheap electric chinese cars. Tech is old and perfect for Italy.
He simply didn't understand the technology.
He was a backward guy who only knew merges and finance. If you run a car company, you need to understand the product. You can't survive long without that.
- ponector 3y agoChinese electric cars are cheap because they are subsidized. You should really compare with other European car manufacturers. I'm not a fan of Fiat, but if they did huge investments into electric 10+ years ago that possibly could bankrupt the company. Market is not ready even now for going all electric.
- willcipriano 3y ago> Chinese electric cars are cheap because they are subsidized. So are cars in the US. Why are they so expensive here?
- margorczynski 3y agoFrom what I'm seeing the EV sales (or the lack of thereof) are a drain for all the other companies like BMW, Ford, Mercedes, etc. so not sure how having an EV would help them out?