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The 500e is costing Fiat $14,000 each time it sells (Fi... The 500e is costing Fiat $14,000 each time it sells (Fiat).
Fiat-Chrysler's CEO had a strange request for electric vehicle shoppers on Wednesday: don't buy the all-electric Fiat 500e.

While CEO Sergio Marchionne was speaking at a conference in Washington, he told the crowd he's tired of Chrysler-Fiat losing money, The Detroit News reported.

"I hope you don't buy it [the 500e] because every time I sell one it costs me $14,000," he said to the audience at the Brookings Institution. "I'm honest enough to tell you that."

Marchionne said federal and state fuel efficiency mandates are forcing the automaker to build unprofitable cars, according to Reuters. A normal Fiat 500 starts at $16,195, and the 500e starts at $32,650, before federal and state tax credits. There are no sales data to indicate how the 500e is performing.



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    • 1 Second Ago
  • 278 Comments
      J
      • 1 Year Ago
      All that extra money...and then the batteries have to be replaced later, at the cost of many thousands of dollars. What a joke electric cars are right now.
      • 1 Year Ago
      pERHAPS IF WE GET THE CORRUPT POLITICIANS OUT OF OUR INDUSTRIES, SETTING UNREALISTIC STANDARDS PRICES AND COSTS WOULD GO DOWN RATHER THAN PROPING UP FALSE REASONS FOR CONTIUNED TAXATION AND ANTI BUSINESSIDEALS IN AMERICA.. IF IT WERE UP TO THE LEFT WE WOULD GO BACK 100 YEARS TO HORSES AND BUGGIES..
      rkeeeballs
      • 1 Year Ago
      Do you want 40-50 mpg's ?....Try a nice Harley Davidson motorcycle.....works for me and the smiles are FREE !
        CHUCK
        • 1 Year Ago
        @rkeeeballs
        That is fine if you like vibrating rock crushers.
          slackwarerobert
          • 1 Year Ago
          @CHUCK
          They make an electric one, or put a rotory engine in it and RALLY purrr.
        Rick
        • 1 Year Ago
        @rkeeeballs
        Doesn't need to be a Harley at all, any motorcycle will put a smile on your face!
      stvhndyman
      • 1 Year Ago
      Reverse Psychology
      Mikerrr
      • 1 Year Ago
      Not to worry, sir. I will never buy an electric car. Diesel? Yes. Electric? No way. A golf cart, maybe. But not a car.
      nsheats
      • 1 Year Ago
      Yes yes yes...and positive crankcase ventilation, smog pumps and managed airflow will result in the US having cars that wont get better mileage, wont run right and "will be the death of the American Auto industry... Those werre the predictions in 1970 and did they happen? ...NO. So FIat..just learn how to build them. Thats what we did in the 70s
      dgbarto
      • 1 Year Ago
      Don't worry Mr. Marchionne I wouldn't buy a bicycle if Chrysler made it. Your cars are the American Hyundai's
        Oscar
        • 1 Year Ago
        @dgbarto
        They just want the price to be right when they buy the rest of Chrysler from the union.
        • 1 Year Ago
        @dgbarto
        That's an insult to HYUNDAI.
        • 1 Year Ago
        @dgbarto
        That's an insult to HYUNDAI.
      toosmart4u
      • 1 Year Ago
      He knew what he was doing when he was purchasing Chrysler.
      lgfree
      • 1 Year Ago
      Don't feel so sorry for Sergio. Every money loser he sells brings up the Corporate Average Fuel Economy, thus avoiding a steep penalty for falling below the mandate.
      • 1 Year Ago
      I wouldn't buy one PERIOD!!!
      loldsparkey
      • 1 Year Ago
      That's the oldest trick in the world , Tell someone NOT to do something and they want to do right away. The next trick is to Ban something , as soon as the word is out it is banned everyone wants one.
      maa2626
      • 1 Year Ago
      how bout those gm VOLTS, lol
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