Episode 921 – Fiat Ups Chrysler Holdings, Ford Closes Filipino Factory, EV talk with Sec. Chu

Fiat plans to increase its stake in Chrysler by purchasing shares from the UAW healthcare trust fund. Ford is closing its only plant in the Philippines as part of a restructuring effort in the region. John sits down with the Energy Secretary to talk electric cars. All that and more, plus Andrew Justus drives the new Lexus ES.