Sergio Marchionne: diesel will never recover

Diesel sales may never recover, even if the progress of technique, the more environmentally friendly fuel compared to the alternatives, Fiat Chrysler Automobiles (FCA) ceo Sergio Marchionne believes.

“The disengagement is happening. From Dieselgate, the share of diesel sales has reduced month-to-month,” said Marchionne. “There is no point denying that, and it is clear that the cost of construction of diesel to reach the new standard is going to become prohibitive.”

The Group FCA is set to unveil its next five-year plan for investors, June 1, and Marchionne has already said that the company’s sales of diesel models for Alfa Romeo, Fiat, Jeep and Maserati by 2022, the reasoning that electrified technology to offer a better return compared to the investment in a new generation of diesel engines.

“We need to reduce our dependency on diesel substantially,” he said. “All the arguments on each side, the markets have turned against diesel and almost killed.

“I’m not sure that we have the strength, such as the FCA, or as an industry to turn around.”

At the height of the Dieselgate scandal, authorities accused a diesel engine of the Fiat 500X to use a cheat device – the indication that the crossover maker vigorously denied.

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