On the heels of “an incredibly difficult year,” 2010 is not the right time for Italy to discontinue scrappage incentives, Fiat Group CEO Sergio Marchionne warns. Sales of Fiat’s core A- and B-segment vehicles will be diminished, profitability will be eroded and the auto maker’s debt load will escalate if Italy, its home market, fails to renew a 2009 program that rewarded consumers for replacing older vehicles with new models featuring low-emissions powertrain technology. “My view is ...

Premium Content (PAID Subscription Required)

"Marchionne: Scrapping Scrappage Incentives Costly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.