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"Sweet Pete" (PMD) is back bashing FCA, and he doesn't understand finances

AlexB

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Some thought maybe the Afla Stelvio would stop the bashing, but it turns out NOPE:On The Table - Autoextremist.com ~ the bare-knuckled, unvarnished, high octane truth...

What "Sweet Pete" don't understand is FCA already set aside the monies (700 million EUROS which are worth more than U.S. Dollars) for any Diesel litigation back during Q3: Chrysler/NAFTA reaches Sergio's 10% EBIT Margin goal, a loss in Italy and FCA's Q3 overall net income falls

It a shame Jalopnik is more on the money than a former auto executive:https://jalopnik.com/fiat-chrysler-to-pay-over-650-million-to-settle-emissi-1831626680

$650 million U.S.D's is a discount compared to FCA's estimate(£700 million) and many other estimate.
BTW:Look at "Sweet Pete" unthoughtful praise of Mary's right hand man(Reuss)... He needs some "Alfa meds"...
 
Doh! Just tired enough that I fell for the obvious klickbait.
 
Only positive about him and FCA is his Stelvio ownership. And that's it.
 
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