Each Fiat 500e sold is a money-loser for the manufacturer

Fiat

Germain Goyer

Friday, October 6, 2017 14:30

UPDATE
Friday, October 6, 2017 14:30

Look at this article

During a lecture in an Italian university, Sergio Marchionne, CEO of FCA, said that the company was losing a lot of money with the Fiat 500e.

According to him, it is about 20 000 $ that the manufacturer loses each time that a new Fiat 500 electric is sold.

Considering that the selling price is close to 33 000 US$, this is a huge sum that goes up in smoke.

According to the data provided by Fiat, the 500e can travel up to 135 kilometers with a single charge. Its electric motor develops a power equivalent to 111 horsepower and 147 pound-feet.

If you don’t get cross, don’t worry. This declination power of the cute Fiat 500 is not being marketed in Canada.
Review 14 cars sold in the United States, but not in Quebec.

If FCA is losing so much money for each unit sold of the Fiat 500e, among others, it is because the manufacturer has lagged behind other manufacturers. Recall that General Motors announced at the beginning of this week that it was committed to market
twenty new 100% electric vehicles by 2023. At FCA, we are still light years ahead of it in continuing to offer the Dodge Challenger, still more powerful.