, Columnist
The Car Industry Is Losing Its Head Over Uber
Auto giants are chucking money at "mobility", but making cars is a decent business.
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Though a student of philosophy, Sergio Marchionne gets right to the point when it comes to one of the big trends sweeping the auto business:
I disagree with the Fiat Chrysler Automobiles NV boss about many things, but he's right to be dubious about his industry’s splashing of cash on "mobility services": a catch-all for stuff like ride-hailing and car-sharing. While the shift from combustion engine to electric vehicles is happening and autonomous driving will come too, in time, we’re a long way from automatic car capsules à la Minority Report.