American tariffs could be 'lethal' to Windsor, says Fiat Chrysler CEO

January 11, 2017

The head of Fiat Chrysler said tariffs, like the taxes president-elect Donald Trump has recently hinted at for American auto makers in Mexico, could be "lethal" for the company's auto manufacturing in Windsor.

FCA CEO Sergio Marchionne made the comment at the 2017 North American International Auto Show Monday where earlier the Windsor-made Chrysler Pacifica had been named the utility vehicle of the year.

"It's a combination of tariffs and costs," he said. "If we just can't recover the costs of the vehicle that would be lethal, I think, to Windsor." 

This has been excerpted from the 9 January 2017 edition of CBC News and is available in its entirety at:
http://www.cbc.ca/news/canada/windsor/sergio-marchionne-lethal-windsor-tariffs-pacifica-1.3928013


Topic(s): 
Canadian Economy & Politics
Information Source: 
Canadian News Channel
Document Type: 
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