Madrid, July 30, 2015. Banco Santander made an ordinary attributable profit of EUR 3,426
million in the first half, 24% more than the same period last year. Santander’s ten core
markets increased profit, with a particularly important increase in the bank’s three largest
markets: Spain, United Kingdom and Brazil.
On Bloomberg news, today.
Sergio Marchionne Fiat CEO) had a funny thing to say about the $32,500 battery-powered Fiat 500e that his company markets in California as “eco-chic.” “I hope you don’t buy it,” he told his audience at a think tank in Washington in May 2014. He said he loses $14,000 on every 500e he sells and only produces the cars because state rules require it.
Marchionne is unusual among automakers in that he complained in public that electric car and fuel economy mandates are moving too fast. He says he will sell only as many 500e electric cars as the quota requires—not one vehicle more.