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News in brief: Fiat considers natural gas vehicles for US

A report by Bloomberg suggests that Fiat executives are considering introducing natural gas vehicles in the USA.

Chief executive officer of Fiat and Chrysler Group LLC Sergio Marchionne has reportedly stated that natural gas engines are a better way to cut emissions because they are cheaper than competing technologies. He also believes that electric cars present too many obstacles such as the recharge time for batteries.

Guiliano Noci, a professor at the MIP management school of Milan’s Polytechnic University, commented that Fiat will use its leadership in natural gas in a region with huge reserves and that it is a “mandatory strategy” as Fiat is a leader in the natural gas market but is far behind in the electric vehicle sector.

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Paul Lucas, December 7, 2010
Filed under: Chrysler,Fiat,Green cars,Latest news

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