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" 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. "

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" I think that if you don't do the full analysis of what the origin of the electrical power is, where it comes from, how you get batteries into these cars, what the cost is in terms of CO2 and the environment, I think the analysis that we are going to save the planet with electric cars is nonsense. "

Sergio Marchionne

Think

Power

Nonsense

" The biggest fear that I see is that we will be left behind. We are a very slow industry; for us to make a decision takes forever. Take Tesla: Elon moves at the speed of a rocket. "

" I give people a huge amount of rope, and then I hold them accountable for the rope. "

" The hardest job is getting personalities to mesh. "

" You only produce one car less than the demand for the vehicle. You just don't exceed that equation. "

" Following the automotive pack down unwise and unprofitable roads is not just naive but also very dangerous. "

" If you're looking for power and handling, then I think Ferrari is the answer. "

" I don't want to conquer North America. I only want a share. "

Sergio Marchionne

Want

Only

" I like fast cars. I used to be a car buff before I went to Fiat. "

" I have been public on this, and I firmly, firmly believe that this notion of accountability for what you promise as a leader is as important as your integrity. "

" I won't talk of bad luck. I don't believe in it. "

" I am totally in line with the fact that I think wealth distribution for carmakers needs to be redimensioned to allow labor to take a piece of that wealth distribution. "

" I've always had this incredible sense of urgency. I've always had this desire not to let things fester and to really seize the moment, because it's serendipity. "

" Don't believe your own press, and don't give speeches. "

" My job is not to make decisions but to set stretch objectives and help our managers work out how to reach them. "

" If you put a Ferrari sticker on a toaster, it doesn't go any faster. "

" I want to study theoretical physics because it is one of the hardest things there is. "

" 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. "

" People are very focused on value and preservation of capital. They're a lot less risk-prone than they used to be. "

" You've got to allow people to make mistakes, even though your gut tells you that the guy is going to get torched. "

" Being small, cute is going to do nothing. "

" People need to trust you: that you're going to pull them out and that they will follow you when you pull them out. If they don't get that comfort, they're going to drop you. This is true of organizations. It's true of countries. "

" FCA is a culture of leaders and employees that were born out of adversity and who operate without sheet music. "

" We have made the decision that we're going to take some key products, such as the Wrangler and the Grand Cherokee, and protect those as being true American icons: produce them in the U.S. and make them available nowhere else. "

" It would be idiotic to position ourselves against Silicon Valley. "

" When we agreed to the changes in the emissions standards and the objectives for 2025 with President Obama, there was a very clear road map that was put in place that required a midterm review, which should have been completed by 2017 and '18. "

" The HMI (human-machine interface) function inside a Ferrari is probably the weakest link in the chain of technical know-how that's embodied in the car. "

" There's nothing worse in life than to sit there and be the victim of a process that's outside your control. "

" The suggestion that we were pursuing consolidation as a replacement for reaching our financial targets by 2018 is fundamentally a bunch of hogwash. "

" There's a not a single doubt in my mind that the car that changed the conversation about Chrysler was the Grand Cherokee of 2010. "