Fiat Chrysler CEO hopes 'agreed way forward' can be found on fuel rules

Image
Reuters WASHINGTON
Last Updated : May 11 2018 | 8:06 PM IST

WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV Chief Executive Sergio Marchionne told Reuters on Friday ahead of an industry meeting with President Donald Trump and 10 major automakers that he backs the White House effort to revise vehicle fuel efficiency rules to account for the shift in buying habits to larger vehicles and hopes an "agreed way forward" can be found.

Marchionne said in a brief interview he is "fully supportive" of Trump's efforts "to try to get this reexamined in view of the changing circumstances." He said he still hopes the administration can reach a deal with California to maintain nationwide emissions standards. Trump is "probably the most consummate deal maker I've seen in a long long time. I think we should give him a chance to get it done."

(Reporting by David Shepardson; Editing by Chizu Nomiyama)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 11 2018 | 8:01 PM IST

Next Story