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Fiat Chrysler’s Sergio Marchionne throws more cold water on Tesla, EVs

Fiat Chrysler CEO Sergio Marchionne has once again sounded off on industry upstart Tesla and its wunderkind boss, Elon Musk. In the process, he doubled down on FCA's reluctance to follow its competitors headlong into electrifying its vehicle fleet, saying "we're not betting the bank on going fully electric in the next decade. It won't happen." Marchionne made his comments on Monday during remarks at the New York Stock Exchange, where he was marking the 70th anniversary of Ferrari. They come as Tesla struggles to ramp up production of its Model 3 sedan, its first mass-market offering, and the company continues to hemorrhage money. Here's what he said: "We still don't have a viable model for delivering an electric car. As much as I like Elon Musk, and he's a good friend, and actually he's done a phenomenal job of marketing Telsa, I remain unconvinced of a new economic viability of the model that he's pitching. So I think we need to be careful, because when we embrace electrification, and I made comments on the fact that we lose money on every Fiat 500, the electric that we sell in the U.S. Now that's reflective of the 2011-2010 costs in terms of components. Those costs have come down. If I were to do it again, I would certainly reduce the amount of the loss, but I would not make any money. And you can't run economic entities on losses. It doesn't happen. "So how do we find a convergence of technology bringing prices of components down and allows us to price accordingly — or we need to navigate through this process in a combined way between combustion and electrification to yield at least a minimum of economic returns that allows for our continuity? The last thing you want is me to be successful selling cars for 24 months and then go bust. That's not a good story. Especially in a place like this which rewards economic success. Let's not sit here and design our own future in the tank. Let's try and do it properly. We will do all the right things. We are investing without making a lot of noise on electrification. We will combine it with combustion to yield the right level of CO2. But we're not betting the bank on going fully electric in the next decade. It won't happen." It's not the first time Marchionne has publicly expressed doubts about Tesla's business plan.

Junkyard Gem: 1993 Plymouth Voyager SE AWD

Under Lee Iacocca's leadership, Chrysler printed bales of money by designing a small, front-wheel-drive van based on the versatile K platform. Chrysler didn't invent the minivan, of course, but those first 1984 Dodge Caravans and Plymouth Voyagers instantly put small vans square in the middle of the American vehicle mainstream (and began the long downward spiral of the station wagon here). For the 1991 model year, the second generation of Chrysler minivans hit our roads, and they were bigger, better-appointed and available with all-wheel-drive. Here's one of those early second-gen vans, found in a Denver-area boneyard a few months back. The 1984 Voyager was a genuine minivan, scaling in at a mere 2,984 pounds (about the same as the current Toyota Corolla). The wheelbases of the second-generation Voyager and Grand Voyager grew just a fraction of an inch longer, but the vans themselves got longer and heavier anyway. The curb weight of today's Junkyard Gem was 4,008 pounds. By 1993, minivans were under sales assault by a new crop of SUVs, particularly the Ford Explorer (which debuted for the 1991 model year) and Chrysler's own Jeep Grand Cherokee (which first appeared as a 1993 model). Chrysler's XJ Cherokee had been siphoning away minivan sales since Day One, having first hit Jeep showrooms at the same time as the first Voyagers and Caravans went on sale. Still, the 1993 Caravan/Grand Caravan, Voyager/Grand Voyager and Town & Country obliterated those trucks when it came to usable interior space, safety, ride comfort and fuel economy. Plymouth used the Voyager name on rebadged Dodge Sportsman full-size vans from the 1974 through 1983 model years, during which time Chrysler attempted to sell their big fuel-swilling passenger vans as sensible station wagons. The Grand Voyager had a wheelbase stretch of just over seven inches versus that of the regular Voyager; the SE was the lower of the two trim levels available for the AWD-equipped version in 1993. In 1993, base-grade front-wheel-drive Voyagers had 2.5-liter Chrysler four-cylinder engines as standard equipment, while front-wheel-drive Grand Voyagers got Mitsubishi 6G72 V6 engines. If you bought a new all-wheel-drive Grand Voyager that year, your van had this Chrysler 3.3-liter pushrod V6, rated at 150 horsepower and 180 pound-feet. Sadly, Chrysler stopped installing turbocharged 2.2 engines in their minivans after 1990.

Everything is absurd in Fate of the Furious, including the car hacking

Truly ridiculous and absurd scenes and situations are a staple of the Fast and Furious series, And earlier trailers made it clear that Fate of the Furious wouldn't be any different as soon as the submarine appeared. However, it turns out the craziness has spread to the topic of car hacking. The hacker is Charlize Theron's character, Cipher, and she can apparently control any car in the world, and many of them at once. She uses this to great effect in creating giant rivers of rampaging automobiles through city streets, and waterfalls of cars flying off of parking structures. And if you look closely at these groups of vehicles, it is evident that she can even control older cars that have no automated steering or throttle capabilities whatsoever. We would ask how that works, but we know that's a silly question in the Fast and Furious universe. After all, this is the series that featured Dominic Toretto flying through the air over a freeway to catch Letty Ortiz and land on another car. And they survived. Your logic has no power here! We also noticed that Cipher seems to have a preference to hack vehicles from Fiat Chrysler. In the trailer, multiple Chrysler 300s, a Jeep Cherokee, a Jeep Grand Cherokee, and a Dodge Challenger all get some prominent screen time when they're being hacked. We're not so sure this is good product placement for the brand, particularly considering this is the same company that recalled over a million vehicles to fix a software issue that could lead to hacking. Maybe this is the trade-off for having the Dodge Challenger Demon as a hero car. There's more to this trailer than Chryslers and hacking though. It turns out that Cipher has been following Toretto for a few movies now. Also, characters fly with jet packs, and Dwayne "The Rock" Johnson's character shoves a torpedo out of the way, on ice, while hanging out of a truck. Check it all out in the video above. Related Video: