GLG News Analyses of the following article:

Chrysler dismantles electric car plans under Fiat

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Published at: www.reuters.com

Fiat-Chrysler new strategy: no priority for electric vehicles

November 10, 2009

GLG Expert Contributor

Following the presentation of Mr Marchionne of the new strategy for Chrysler last week, it may be surprising that Fiat-Chrysler will limit the investments in electric vehicles in the next years. I think that this decision is part of a well thought strategy which aims to create a strong automotive group, based on financial solidity, global presence, and ownership of innovative technologies.

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