Marchionne's thoughts on the slow economy

Sergio Marchionne, CEO of Fiat SpA and Chrysler Group LLC, came to the auto industry's annual Management Briefing Seminars Aug. 3 to discuss the state of the industry, both in North America and globally. Both in his public presentation and in a separate session with journalists, Marchionne addressed questions of how Chrysler will reach the proposed corporate average fuel economy standard of 54.5 miles per gallon in 2025, Fiat and Chrysler's plans in China, the upcoming labor discussions with the United Auto Workers in the U.S. and a variety of other topics. Catch a snippet from Marchionne's press conference here, courtesy of Rhoda Miel, Plastics News' staff reporter who is covering the seminars again this year. Marchionne discusses his thoughts on the economy in general and why job growth seems so slow. And check back with Plastics News online for updates on the web and on Twitter this week, as well as more coverage in print and future videos, including Marchionne's thoughts on why the new CAFE standards will be a "stimulus" for the auto industry.