Dire profit forecast means 'Confessions' needs another look

摘要

Sergio told us there'd be days like this. In his now legendary "Confessions of a Capital Junkie" presentation in 2015, the then-CEO of Fiat Chrysler warned that the industry was plowing too much of its capital in the quest for too-skimpy profits, wasting money on redundant technologies and shredding shareholder value in the process.