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If Tesla Model 3 is successful, Sergio Marchionne will copy it

Fiat Chrysler CEO Sergio Marchionne hasn't hidden his disdain for electric vehicles, but he would copy the Tesla Model 3 if it is successful, according to Automotive News Europe. If Elon Musk "can show me that the car will be profitable at that price, I will copy the formula, add the Italian design flair and get it to the market within 12 months," Marchionne told Automotive News Europe during FCA's annual meeting in Amsterdam. In terms of pre-orders, the Model 3 is a success. Musk tweeted on April 7 that the company had over 325,000 reservations for the sedan, which he estimated were worth around $14 billion. The car will start at $35,000 before incentives. Marchionne, however, isn't optimistic Tesla can actually make the electric sedan work financially. "I'm am not surprised by the high number of reservations but you have then to build and deliver them and also be profitable," he told ANE. The FCA boss is a noted skeptic of EVs. In 2012, he said that the company only built the 500e because of California's zero-emissions vehicle mandate and to give engineers experience with the technology. He doubled-down in 2014 when he claimed FCA lost $14,000 on each 500e and said he would rather people didn't buy them. More recently, he infamously said "you'd have to shoot me first," before he'd allow a fully electric Ferrari. Related Video:

Cadillac tops Tesla in Consumer Reports semi-automated driving test

General Motors' Cadillac outscored Tesla in a new ranking of partially automated driving systems tested by Consumer Reports and released on Thursday. The highly influential nonprofit organization, which tests and rates a variety of consumer products from appliances to vehicles, said it compared Cadillac's Super Cruise and Tesla's Autopilot with similar systems from Nissan and Volvo. Nissan's ProPilot Assist was ranked third and Volvo's Pilot Assist fourth. Consumer Reports said it has been testing partially automated driving systems for several years but elected to conduct a formal study intended for publication, because "we are at a tipping point where they are now going mainstream," according to Jake Fisher, director of auto testing. The organization said its tests, conducted on a private track and on public roads in Connecticut, were designed to measure the systems' ability to automatically control steering and speed in certain situations, while helping drivers pay attention and regain manual control of the vehicle when required. CR noted that any of these systems can increase driving risk if used in inappropriate situations, or if drivers become inattentive or over-reliant on them. While they can help relieve driver stress and fatigue, Consumer Reports said, the partially automated systems are "not intended to be self-driving features." The systems typically use cameras, radar and other sensors, as well as mapping data, to monitor location and traffic conditions and help keep a vehicle centered in the lane at a safe distance behind other cars. Each system has limitations. Cadillac's Super Cruise, for instance, only functions on divided highways that have been mapped by GM. In contrast, Tesla's Autopilot can be used even on small, curvy roads with poor lane markings, but "operates erratically in those situations," Consumer Reports said.The organization tested Super Cruise on the Cadillac CT6; Autopilot on the Tesla Model 3, Model X and Model S; ProPilot Assist on the Nissan Leaf and Infiniti QX50; and Pilot Assist on the Volvo XC40 and XC60. Consumer Reports said Cadillac's Super Cruise did "the best job of balancing high-tech capabilities with ensuring the car is operated safely and the driver is paying attention." Tesla's Autopilot was cited for its capability and ease of use, while Nissan's ProPilot Assist did a better job than Autopilot or Volvo's Pilot Assist in keeping drivers engaged.

Tesla Investigating Fiery Model S Crash In Los Angeles

Automobiles can be dangerous objects, especially when moving at highway speeds. The July 4th holiday in the US, which took place this past weekend, is often an extra-dangerous time on America's roads, with an average of 127 deaths from car crashes in recent years. This year, there were at least two Tesla Model S crashes over the holiday, and despite a spectacular fire in one of the incidents, both of the drivers survived the incidents. "We absolutely want to have a look to understand what happened." – Tesla spokesman Simon Sproule The most dramatic crash happened when a Model S was apparently stolen and taken for a joy ride. Tesla told Bloomberg that the company is eager to take a closer look at what's left of the crashed vehicle, which snapped in half. "There aren't so many S's involved in major crashes, and certainly not quite like this one, so we absolutely want to have a look to understand what happened," said Tesla spokesman Simon Sproule. Tesla spokesperson Liz Jarvis-Shean told AutoblogGreen that, "We're working with relevant authorities and will be examining the car as we would with any accident." What isn't yet clear is how the reported thief was able to drive the stolen Model S (Tesla has not yet responded to our questions on this front). Media reports say it was someone at the Tesla store who reported the theft to police as it was happening, so it would seem that Tesla knew about the incident well before the crash. Whether there enough time to tell the police where the car was going or to deactivate the car is unknown. In another tragic crash that happened this weekend, a Model S rear ended a Toyota Corolla. Three of the occupants of the Toyota were killed but the Tesla driver only suffered "minor injuries," according to the Los Angeles Times. The Model S received five stars in the NHTSA's crash tests and has had safety improvements since those tests were conducted. Previous Tesla's have caught fire but no serious injuries have been reported.