Back in 2005, I introduced a thing which, I don't mind saying this - I mean, we stole it, at least in its basic form, from Toyota - it's called World Class Manufacturing. I mean, it's this pretentious title for something which really involves the revisiting of the manufacturing processes of dedication to the removal of waste.
The suggestion that we were pursuing consolidation as a replacement for reaching our financial targets by 2018 is fundamentally a bunch of hogwash.
You've got to allow people to make mistakes, even though your gut tells you that the guy is going to get torched.
The last thing you want is a group of senators who just lent you seven and a half billion dollars to sit back and go, 'Look at these jerks and how they're using taxpayer money.'
One of the most horrible wastes of capital you see is the duplication of the effort by the car manufacturers to do things that appear to be different from the other guy.
What is the point of one guy developing a 1.3 engine, and another guy a 1.4? What are you getting for this? And the answer is nothing: a total waste of capital.
I just want to make a difference. I want to make Chrysler the most profitable car company in the United States.
There are very few things that are certain in this market - apart from one, and that is that small displacement diesels are dead.
I think hybrids are inevitable. The question is not the technology: it's a question of the cost and whether the consumer will pay.
Following the automotive pack down unwise and unprofitable roads is not just naive but also very dangerous.
It is only proper that our employees share in the savings generated by tax reform and that we openly acknowledge the resulting improvement in the U.S. business environment by investing in our industrial footprint accordingly.
My job is not to make decisions but to set stretch objectives and help our managers work out how to reach them.
FCA is a culture of leaders and employees that were born out of adversity and who operate without sheet music.
Mediocrity is not worth the trip.Collection: Growth
To cite Enzo Ferrari, we will always sell one less Ferrari than the market wants, that's a policy that will never change.Collection: Change
International alliances reduce the cost of developing cars significantly.Collection: Car