If you believed all the talk from Chrysler about how our tax dollars would help finance its fast-track electric-vehicle future, you're in for a big disappointment.
Chrysler has disbanded the engineering team that was trying to bring three electric models to market as a rush job, Automotive News reports today. Chrysler cited its devotion to electric vehicles as one of the key reasons why the Obama administration and Congress needed to give it $12.5 billion in bailout money, the News points out.
The change of heart on electric vehicles has come under Fiat. At a marathon presentation of Chrysler's five-year strategy, CEO Sergio Marchionne talked about just about everything on Chrysler's plate last week except its earlier electric-car plans. With the group's disbanding, Chrysler's electric plans will be melded into Fiat's. Marchionne is apparently no fan of electric power:
He says electrics will only make up 1% or 2% of Fiat sales by 2014 and that he doesn't put a lot of faith in the technology until battery developments are pushed forward.
As a result, Chrysler won't have an electric car on sale as soon as next year, such as the Dodge Circuit sports car concept it had unveiled. The change has come so fast that Chrysler's website has been still featuring pictures of the electric vehicles.
Adds the News:
As late as August, Chrysler took $70 million in grants from the U.S. Department of Energy to develop a test fleet of 220 hybrid pickup trucks and minivans, vehicles now scrapped in the sweeping turnaround plan for Chrysler announced this week by Fiat CEO Sergio Marchionne.
Click to view image: 'ff00626c8de3-bailout.jpg'
By: e4bannan
In: News
Tags: chrysler, bailout, government, electric vehicles, suckers
Marked as: approved
Views: 7171 | Comments: 22 | Votes: 0 | Favorites: 2 | Shared: 0 | Updates: 0 | Times used in channels: 1
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Epic fail. What's the unemployment rate again? Thanks for ruining us obama.
Posted Nov-11-2009 ByFillTheVoid (1207.18) 
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This was just a big scam to keep the workers employed so Obama's political machine will look good, also as a takeover. They don't give a shit about no electric cars.
Wake up America, soon you won't have control over your funds.
Another Stimulus package is on it's way!
Posted Nov-11-2009 Bydanny777 (164.82) 
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(7)
excuse me? the companies both used the workers as human sheilds, saying that all those poor people would be out of a job if they didn't get the money while at the same time using them as a scapegoat because they can't compete with an oppressed 3rd world country workforce
Posted Nov-11-2009 ByNurb (1005.12) 
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Still waiting for my bailout. I won't be hiring anybody over the next year. This country is screwed economically.
Posted Nov-11-2009 ByFlibbleDeeFlobble (967.94) 
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No shit?
Imagine that.
Posted Nov-11-2009 Bylonewolf6972 (669.66) lonewolf6972 View Channel Send Message
(3)
Should have let them go bankrupt in the 70's and let em go out again now. Chrysler has sucked for 50 years always will.
Posted Nov-11-2009 ByRambo33 (152.90) 
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That little yellow number?.
If that had the right electric motor, and the right gearing, that would fly, dunno for how long though.
Posted Nov-11-2009 ByBlackwolfhunting (667.82) 
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Some VIP wanted a bonus because making 6 million a year is not enough for him.
Posted Nov-11-2009 Bymoefugger (2136.56) 
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stop worrying and crying about what other people make and get out there and get an education and bust your ass for 50 - 70 hours a week and maybe u will make that kind of money. When u do, will u give it to the cry babies like yourself or keep it for your retirement like u will deserve? get real....life ain't easy. I'm tired of hearing others complaining about those that make good money...they have busted there ass in college and then they work countless hours for 20 years....they fucking deser More..
Posted Nov-11-2009 Byharry1s (37.66) harry1s View Channel Send Message
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So stop buying Chrysler FFS... everywhere I look are these pieces of shit.
Posted Nov-11-2009 Bysteveaustin1971 (377.72) steveaustin1971 View Channel Send Message
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Exactly. Buy a Ford, the non-government US auto manufacturer.
Posted Nov-11-2009 Byvicsemprini (1243.48) vicsemprini View Channel Send Message
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"He says electrics will only make up 1% or 2% of Fiat sales by 2014 and that he doesn't put a lot of faith in the technology until battery developments are pushed forward."
Fiat if fucking HUGE! 1% - 2% of their total sales is probably more than all hybrid sales in the North American market combined. So if Fiat makes those numbers and restricts the market to North America than the net loss = zero, or even a gain!
Posted Nov-11-2009 ByAnother_Devils_Advocate (21.52) 
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I WANT MY MONEY BACK ! ! !
Posted Nov-11-2009 Bykevinm16 (313.98) kevinm16 View Channel Send Message
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give the money back and fail. COLLAP IN ON YOURSELF CHRYSLER IS SHIT.
Posted Nov-11-2009 ByCanyouthink (91.46) 
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He makes a good point that "he doesn't put a lot of faith in the technology until battery developments are pushed forward". There's allot of truth in that statement. I won't buy a car for $20k that only go 40 miles on a charge.
Posted Nov-11-2009 Byzindo (781.22) zindo View Channel Send Message
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I see Obama Motors is getting on the Green track as expected.
Posted Nov-11-2009 Byharry1s (37.66) harry1s View Channel Send Message
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Let's see what happens when gas reaches $5 a gallon.
Posted Nov-11-2009 ByMBrad-C13 (678.44) MBrad-C13 View Channel Send Message
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Just to let you know how it feels. Here in UK the approximate price per gallon is $8.10 (£4.85 per gallon,4.5 litres) Welcome to UK. Rip off CUNTRY<<<<<< proper spelling, in the world
Posted Nov-11-2009 Byrjmain (192.68) 
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The repubilturds whine about not having any money, the taxpayers hand over the money to help them out, and they toss out anything that would make it possible to return the money with interest. No, they want to sell the damn gas guzzlers. This country would probably be running at 60% to 80% electric vehicles for personal use if they would have just got their heads out of the asses when the first gas crisis in this country started. But the oil companies won't have anything to do with that. The More..
Posted Nov-11-2009 Bybobsworld (654.60) 
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You are one to talk about putting head in ass. lmfao!
Posted Nov-11-2009 Bybds99 (290.80) bds99 View Channel Send Message
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Democrapeater!
Posted Nov-11-2009 Bybds99 (290.80) bds99 View Channel Send Message
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