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Marchionne Says Mileage Targets Are Within Reach

Wall Street Journal Original article ›

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Fiat-Chrysler's Sergio Marchionne tells an automotive conference that the new fuel efficiency targets proposed by the Obama administration will be "an incredible stimulus for the American auto industry." He is confident that the new 2025 standards can be achieved. He said the industry had a bad habit of crying wolf and emphasized the need to get there so that the U.S. auto industry could be at the forefront of the changes taking place. He also cautioned the industry to not get comfortable with China's role as an emerging market that helped increase global sales. That growth is slowing and it presents another potential risk for the automakers- the potential for China to export 10% of what it makes to overseas markets including the U.S. and Europe. All of which increases the urgency of building the industrial base and competitiveness of the automotive industry in the U.S.

A new spirit and approach to auto fuel efficiency standards taken by Detroit automakers

05/27/2010

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New Breed of Leaders Helped Guide Fuel Standards, Chrysler Says

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Marchionne Says Mileage Targets Are Within Reach

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Ford Is Hoping to Give the Once-Great Explorer a Second Life

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The new Chrysler that is emerging from bankruptcy with government help under Fiat's Marchionne.

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Marchionne has kept many of the managers from the previous Chrysler. Jim Press is deputy CEO and adviser. He came from Toyota. Everything else will change. He is flattening the organization structure to improve communication and speed. Smaller car lineup will replace the prior lineup, and Fiat's engine technology will provide help for fuel efficient cars.

Grouped Articles

Fiat, in Deal With Union, Will Buy Rest of Chrysler

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Worker Reaction to Chrysler bankruptcy

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Bankruptcy reality sets in for Chrysler, workers

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Chrysler reborn under alliance with Fiat

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Chrysler tried in vain to sell parts to Chinese, form partnerships

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Grouped Articles

Chrysler Posts $172 Million Loss Amid Sluggish Sales

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Truck Sales Help Profit Rise 32% at Chrysler

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Costs Hit Ford, Chrysler

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Marchionne Says Mileage Targets Are Within Reach

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Chrysler's September Sales Rose 27%

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Chrysler Gains Momentum

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Fiat-Chrysler strategy

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Grouped Articles

Fiat to Expand Production at China Venture

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Fiat-Chrysler Faces Bend in the Road

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Robust Sales of Jeeps and Rams Lead Big Increase for Chrysler

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Truck Sales Help Profit Rise 32% at Chrysler

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Fiat Chrysler Pitched GM, Others About Consolidation

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American fuel efficiency standards

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American fuel efficiency standards , energy prices and the evolution of the American automobile industry with the tendency towards larger cars in a world of cheap gasoline.

Grouped Articles

Detroit Gallops Ahead

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American Energy Policy, Asleep at the Spigot

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Ford looks to lead pack in fuel eficiency.

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Cars shrink under pressure from government and consumers.

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Detroit Gallops Ahead

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Obama administration set to raise fuel efficiency standards, but by how much? - The Washington Post

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Americans Are Cautiously Open to Gas Tax Rise, Poll Shows

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As the Price of Gasoline Takes Off, Oil and Auto Firms Trade Barbs

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New Mileage Rules Debated by Carmakers and White House

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Was America asleep at the spigot? Did Detroit carmakers completely miss on competitive strategy?

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Issues raised by the graph on fuel efficiency over the post war period for the European, Japanese and the American carmakers show a huge striking gap. Not closing this gap was going to hurt Detroit carmakers. It also points to a complete lack of energy policy through higher standards, gasoline tax, and other policy actions by the government. Schwartz of NYT shows the gap and consequences.

Grouped Articles

Ford Is Hoping to Give the Once-Great Explorer a Second Life

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U.S. Remaining Stake in General Motors

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Detroit Gallops Ahead

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American Energy Policy, Asleep at the Spigot

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Global Car Industry Fearful for Detroit

New York Times 12/16/2008

To Shrink a U.S. Car, Chrysler Goes to Poland

New York Times 07/15/2009


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