Chrysler Bails on Electric Cars
USA Today reports that the abrupt change of direction came directly from Fiat, which bought Chrysler earlier this year.
"At a marathon presentation of Chrysler's five-year strategy, CEO Sergio Marchionne talked about just about everything on Chrysler's plate last week except its earlier electric-car plans. With the group's disbanding, Chrysler's electric plans will be melded into Fiats. Marchionne is apparently no fan of electric power"