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Fiat Group Could Enter In The Chrysler Capital  
User currently offlineNewAlitalia From , joined Dec 1969, posts, RR:
Posted (5 years 8 months 6 days 9 hours ago) and read 7037 times:

Fiat Group (which includes Ferrari, Maserati, Alfa Romeo and Lancia) is talking with Chrysler LLC to form a strategic partnership that could lead to the Italian car maker taking a stake in its U.S. peer, an industry publication said, citing people familiar with the matter.
Fiat Group could give Chrysler access to platforms, engines and transmissions to help the U.S. car maker overcome its problems, Automotive News Europe said on Monday.
Owned by private equity firm Cerberus Capital Management , Chrysler saw its sales fall 30 pecent in 2008.
It shut down all its plants for a month at the start of the year to shore up cash and cut inventories of unsold vehicles.
After getting a $1.5 billion loan from the U.S. Treasury, its finance arm is offering zero percent financing for the purchase of a range of Chrysler vehicles.

http://www.reuters.com/article/ameri...teEquityNews/idUSTRE50I3QQ20090119

This it could speed up the return of Alfa Romeo to the USA.

Soon it could be a Turin-Detroit flight Big grin

[Edited 2009-01-19 10:24:48]

46 replies: All unread, showing first 25:
 
User currently offlineTugger From United States of America, joined Apr 2006, 5608 posts, RR: 8
Reply 1, posted (5 years 8 months 6 days 6 hours ago) and read 7003 times:

From what I read this could be a good match up as Fiat is strong in Europe and South America but weak (OK, non-existent) in the USA, while Chrysler is relatively strong in the USA (dealer network, name recognition, and brand loyalty) but very weak outside of it.

Basically Fiat gets a ready made network within the USA, at a fire sale bargain price and Chrysler gets to live for another day (or two maybe) and perhaps tap into Fiats small car expertise. It gives Chrysler the ability to actual compete better against its USA rivals.

I hope this deal goes through.

Tugg



I don’t know that I am unafraid to be myself, but it is hard to be somebody else. -W. Shatner
User currently offlineDtwclipper From , joined Dec 1969, posts, RR:
Reply 2, posted (5 years 8 months 6 days 6 hours ago) and read 7002 times:



Quoting Tugger (Reply 1):
Basically Fiat gets a ready made network within the USA, at a fire sale bargain price and Chrysler gets to live for another day (or two maybe) and perhaps tap into Fiats small car expertise. It gives Chrysler the ability to actual compete better against its USA rivals.

Been there done that before......wonder if it will work any better with Fiat than Daimler.

On the bright side, maybe will see PTK-TRN!


User currently offlineNewAlitalia From , joined Dec 1969, posts, RR:
Reply 3, posted (5 years 8 months 6 days 6 hours ago) and read 6989 times:



Quoting Tugger (Reply 1):
From what I read this could be a good match up as Fiat is strong in Europe and South America but weak (OK, non-existent) in the USA, while Chrysler is relatively strong in the USA (dealer network, name recognition, and brand loyalty) but very weak outside of it.

Basically Fiat gets a ready made network within the USA, at a fire sale bargain price and Chrysler gets to live for another day (or two maybe) and perhaps tap into Fiats small car expertise. It gives Chrysler the ability to actual compete better against its USA rivals.

I hope this deal goes through.

Yes, i agree. Fiat needs Chrysler to speed up the return of Alfa Romeo and Lancia in the US market and there and i heard also they want to bring there the new 500. It's possible that also Ferrari and Maserati that are part of the Fiat Group will have an advantage.
And it could be good also for Chrysler to extend their presence in the markets where they are weak and to get fresh cash from Fiat.

From what i read, Fiat Group could use the Chrysler factories to produce their cars in the US for the north American market and Chrysler could use the Fiat factories around of Europe to produce their cars for this market. And Fiat can in this difficult moment enter in the Chrysler capital and this is extremelly important for the american car maker. I really hope it goes because it will be sad if an historic market such as Chrysler will disappare.


User currently offlineTugger From United States of America, joined Apr 2006, 5608 posts, RR: 8
Reply 4, posted (5 years 8 months 6 days 6 hours ago) and read 6989 times:



Quoting Dtwclipper (Reply 2):
Been there done that before......wonder if it will work any better with Fiat than Daimler.


Well, the big, huge problem with Daimler was that it was a "merger of equals" that wasn't.

The bosses at Mercedes were afraid to let Chrysler have access to any current platforms for fear of degrading their brand. The entire value of the merger was to be able to share technology, research, and manufacturing capabilities and that never happened. And Mercedes already covers trucks and such in the rest of the world so they didn't need that. I think the single good merger related vehicle success was the Sprinter van. Dodge started sellingwhat was essentially (if not exactly) a Mercedes delivery van as the "Sprinter" with good results (what has happened with the Sprinter? Since Daimler still holds 20% is it still running as a Dodge product?).

Basically, Daimler didn't want Chrysler moving into Mercedes territory and Chrysler didn't have any activities that Mercedes was interested in. And the worldwide parts sourcing and production just never happened due to brand related concerns.

I don't think you have the "brand contamination" problems in a join up with Fiat.

Tugg



I don’t know that I am unafraid to be myself, but it is hard to be somebody else. -W. Shatner
User currently offlineSrbmod From , joined Dec 1969, posts, RR:
Reply 5, posted (5 years 8 months 6 days 6 hours ago) and read 6985 times:

This had been rumored even before the current crisis. Fiat last March bought Tritec Motors, which was a joint venture between Chrysler, Rover, and later BMW which built 1.4 and 1.6L four cylinder engines at a factory in Brazil. These engines were used in at one point in the MINI, and in non-North American markets the Dodge Neon and Chrysler PT Cruiser. Also around this time, there were rumors that Chrysler would be building the Fiat 500 for the US market, but it would not be sold under the Fiat name, rather as the 500 (similar to how the MINI is sold).

If this partnership comes together, I could actually see a Chrysler LLC-branded vehicles based off of some Fiat and perhaps even some Alfa Romeo vehicles. I could also see the Fiat Ducato or Iveco Daily sold here as a Dodge (With the Sprinter returning to being an exclusively Freightliner vehicle in the US.).


User currently offlineN328KF From United States of America, joined May 2004, 6485 posts, RR: 3
Reply 6, posted (5 years 8 months 6 days 5 hours ago) and read 6971 times:



Quoting NewAlitalia (Thread starter):
This it could speed up the return of Alfa Romeo to the USA.

The goofy thing is that Alfa Romeo almost returned a few years ago. FIAT had huge losses and so GM wanted out of the investment. If the losses hadn't occurred, the plan was to convert all Saab dealerships to Saab/Alfa Romeo.



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineStasisLAX From United States of America, joined Jul 2007, 3283 posts, RR: 6
Reply 7, posted (5 years 8 months 6 days 5 hours ago) and read 6966 times:

Does this possible marriage mean that we'd get a 21st century version of the 1989 to 1991 Maserati/Chrysler TC convertible?

Someone better call Buick and tell them to dust off their plans for a new Reatta!  duck 



"Those who would give up essential liberty to purchase temporary safety deserve neither liberty nor safety!" B.Franklin
User currently offlineLTBEWR From United States of America, joined Jan 2004, 13116 posts, RR: 12
Reply 8, posted (5 years 8 months 6 days 1 hour ago) and read 6903 times:

GM had a stake in Fiat a few years ago that they later go out before a deadline to expand it or get out. Fiat is not the most healthy company either and still over 25 years since that brand the left the USA market with a horrible reputation, I am not sure this is such a good idea. Putting together 2 sick companies usually doesn't work.

User currently offlinePyrex From Portugal, joined Aug 2005, 4022 posts, RR: 28
Reply 9, posted (5 years 8 months 6 days 1 hour ago) and read 6894 times:

Have a moribund company with huge labor problems and out-of-control costs? Want a solution? Easy: bring in the Italians!

I wonder if Alitalia will attempt to buy U.S. Airways next.



Read this very carefully, I shall write this only once!
User currently offlineNewAlitalia From , joined Dec 1969, posts, RR:
Reply 10, posted (5 years 8 months 6 days 1 hour ago) and read 6888 times:

LTBWER, that's wrong. The Fiat Group (of which Fiat itself is part together with Ferrari, Maserati, Alfa Romeo and Lancia) has been one of the fastest growing carmakers in the last 5 years. Thanks to a solid plan of reconstruction and a great manager such as Sergio Marchionne. Now Fiat is one of the most solid European car makers.

Chrysler needs a lot Fiat to get off from this crisis to do like Fiat did 5 - 10 years ago. Now Fiat can provide Chrysler the market, technology, know-how and money for the reconstruction of the Chrysler facilities in the US.

Let's not forget that Fiat in 1999 saved already the American group CASE that is now part of the New Holland Case that belongs always to the Fiat Group.

--

http://www.economist.com/displaystory.cfm?story_id=11090197

Fiat, Rebirth of a carmaker

Apr 24th 2008 | TURIN
From The Economist print edition

With some fine new cars and financial figures to match, Fiat has staged an astonishing recovery

THE dominating image at last month's Geneva motor show, Europe's most glamorous, was a giant mock-up of a tiny car: the new Fiat 500. It was Fiat's way of celebrating the crowning of its achingly fashionable baby as European car of the year, ahead of a strong field and with one of the biggest winning margins in the competition's history. At the same show, Fiat launched the first all-new Lancia for four years and revealed the Alfa Romeo 8C Spider, judged by some to be the most beautiful car in the world today.

Underpinning the display of confidence in Geneva is a remarkable industrial and financial turnaround that is likely to be pored over in business schools for years. On April 24th Fiat Group, which as well as car marques includes Iveco, a truckmaker, and CNH, a producer of agricultural and construction equipment, reported a trading profit for the first quarter of €766m ($1.1 billion), 29% more than a year earlier and beating expectations. In the whole year it is aiming for €3.4 billion-3.6 billion.

Good news is no longer unusual: despite a stumble in recent months, the share price has outpaced its closest rivals over the past three years (see chart 1). In 2007 Fiat Group made a record trading profit of €3.2 billion, 66% more than in 2006, while eliminating its net industrial debt. The progress of the once loss-making car business was even more dramatic. Fiat Group Automobiles, which comprises Fiat, Alfa and Lancia, raised its trading profit from €291m to €803m. Ferrari and Maserati chipped in a further €290m. By 2010, Fiat (with joint ventures) expects to make 3.5m vehicles.

This is a far cry from the business Sergio Marchionne walked into in June 2004 when he agreed, at the urging of the Agnelli family, Fiat's dominant shareholder, to take on the job of reviving the company's fortunes. Attempts to trim costs were under way and the tiny new Panda had hinted at a much-needed return to form. But otherwise the picture, especially in cars, was grim.

Held back by either ageing or unappealing models, car production was running at about 70% of its annual capacity of 2.5m. Fiat's Italian factories were notoriously inflexible thanks to intransigent unions and a lack of investment. The group's net debt had risen to €4.4 billion and cash was flowing out at an alarming rate. And a €3 billion convertible bond would fall due in 15 months.

The banks were eventually repaid with the help of a rights issue in late 2005—which would have been impossible to get away without signs of improvement. Before that, however, the issue of Fiat's put option with General Motors had to be resolved. Both troubled companies were looking for a way out of an ill-starred partnership, but Fiat was insisting that to extinguish the option, which gave the group the right to sell its car business to GM, the American firm must pay for the value it represented. But as Fiat's plight worsened, so did the claim to any value in the put.

In turning to Mr Marchionne, a corporate troubleshooter who at the time was running SGS, a big Swiss inspection and certification firm in which they had an interest, the Agnellis knew that it was their last roll of the dice with Fiat. A shambling bear of a man with unruly grey locks and a penchant for shapeless black sweaters and straight talk.

[Edited 2009-01-19 17:49:12]

PS: Pyrex, it is better you look at Portugal.. where the average age of a car is of around 20 years..

[Edited 2009-01-19 17:50:26]

[Edited 2009-01-19 18:03:05]

User currently offlineN328KF From United States of America, joined May 2004, 6485 posts, RR: 3
Reply 11, posted (5 years 8 months 5 days 23 hours ago) and read 6856 times:

You know the funny thing is that FIAT and GM still share a platform or two.

Another thing -- let me remind you of the last FIAT/Chrysler joint venture: The Chrysler TC.



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineDougloid From , joined Dec 1969, posts, RR:
Reply 12, posted (5 years 8 months 5 days 22 hours ago) and read 6852 times:



Quoting Tugger (Reply 4):
Basically, Daimler didn't want Chrysler moving into Mercedes territory and Chrysler didn't have any activities that Mercedes was interested in. And the worldwide parts sourcing and production just never happened due to brand related concerns.

Well, Daimler Benz got their clocks cleaned on the deal. Which shows that they're not nearly as smart as they think. Any garage mechanic could have told them it was a bad deal at a high price.


User currently offlineKiwiRob From New Zealand, joined Jun 2005, 7410 posts, RR: 5
Reply 13, posted (5 years 8 months 5 days 18 hours ago) and read 6830 times:



Quoting N328KF (Reply 11):
You know the funny thing is that FIAT and GM still share a platform or two.

They also share a couple of engines, for example the Alfa V6 uses a block made by Holden.


User currently offlineNewAlitalia From , joined Dec 1969, posts, RR:
Reply 14, posted (5 years 8 months 5 days 18 hours ago) and read 6823 times:



Quoting KiwiRob (Reply 13):
They also share a couple of engines, for example the Alfa V6 uses a block made by Holden.

Not for long. Alfa is very disappointed.


User currently offlineNewAlitalia From , joined Dec 1969, posts, RR:
Reply 15, posted (5 years 8 months 5 days 18 hours ago) and read 6817 times:

Anyway the announcement will be for today. Fiat will enter with the 35% and the option to get another 20%.

Fiat is also interested to use the Chrysler dealers for Iveco in the USA.


User currently offlineN328KF From United States of America, joined May 2004, 6485 posts, RR: 3
Reply 16, posted (5 years 8 months 5 days 15 hours ago) and read 6784 times:



Quoting NewAlitalia (Reply 15):
Fiat is also interested to use the Chrysler dealers for Iveco in the USA.

That'd probably be via Dodge, not so much the Chrysler brand. Dodge got the Mercedes Sprinter van. I'm guessing this would mean the end of the Sprinter deal.



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineNewAlitalia From , joined Dec 1969, posts, RR:
Reply 17, posted (5 years 8 months 5 days 15 hours ago) and read 6782 times:

AGREEMENT CONFIRMED a few minutes ago.

Congratulation Mr Marchionne. The Fiat CEO is one of the best managers around, i just wish the new AZ boss Mr Colaninno will be able to do the same. I always liked Chrysler and i wish the US car maker will soon be back at the glory of the old great times.


Fiat's vice president and the heir to the Italian auto empire confirmed on Tuesday that the company is in talks with U.S. carmaker Chrysler, news agencies said, and Fiat shares were suspended amid media reports of a possible partnership with the U.S. company.

The ANSA and Apcom news agencies quoted John Elkann, a member of Fiat's founding Agnelli family, as saying that "it's no mystery we are talking, we have been talking for a while," the Associated Press reports.

Fiat shares were suspended from trading as the Milan stock exchange opened Tuesday pending a statement from the company after reports surfaced of a possible partnership with Chrysler.

Elkann did not give details on the negotiations, saying that more information would come from the upcoming statement and a Fiat board meeting on Thursday, ANSA reported.

Fiat spokespeople were in a meeting and not immediately available to confirm Elkann's comments, AP reports.

The Wall Street Journal reported a deal from Fiat and Chrysler could be announced as early as Tuesday in which Fiat could take control of the U.S. company's operations.

Under terms of a pact that is being worked out, Fiat is likely to take a 35% stake in Chrysler by the middle of this year, the Journal reports, citing people familiar with the matter. It would have the option of increasing that to as much as 55%.

The Financial Times reports a person involved in the talks said the companies had signed a memorandum of understanding on the deal.

--

Chrysler will offer the Fiat Group to produce their cars directly in the USA (Fiat will renovate completely the factories and will provide the technology) and Chrysler to produce their cars in Europe.

Fiat should use the Chrylser dealer to sell the Ferrari, Maserati, Fiat 500 (that should be sold like for MINI under the label 500), Alfa Romeo and Iveco.

This should be the cars, apart of Ferrari and Maserati, the Chrysler dealers should sell:

Alfa Romeo (a SUV and the new "big" that will replace the 166 will be available in 2012)

http://www.autoshopitalia.com/public/public/2006/10/alfa-romeo-8c-competizione-widescreen-01112.jpg

http://www.mitoalfaromeo.com/sfondi/brera1.jpg

http://www.desktopcar.net/wallpaper/3799-2/alfa_159_43-1600.jpg

and maybe this? If this will replace the 166

http://www.alfaworkshop.co.uk/images/102-4-800.jpg

Fiat should also prepare a special version for the US market similar to the Abarth of the new 500 that should be sold under the label 500.
The new 500 has been the Europe's car of the year 2008.

There are voices also of a come back to the USA of the new Lancia Delta that i like a lot.

http://images.paultan.org/images/New_Fiat_500_Abarth_2_Large.jpg



http://static.blogo.it/autoblog/lancia-delta-01/big_delta01.jpg

[Edited 2009-01-20 04:14:56]

[Edited 2009-01-20 04:16:16]

[Edited 2009-01-20 04:21:45]

[Edited 2009-01-20 04:22:38]

User currently offlineJanmnastami From Italy, joined Apr 2008, 828 posts, RR: 0
Reply 18, posted (5 years 8 months 5 days 13 hours ago) and read 6749 times:



Quoting LTBEWR (Reply 8):
Fiat is not the most healthy company

2007: a net profit of 2 billions of euro.
2008: a net profit of more than 1,6 billions.


User currently offlineJJJ From Spain, joined May 2006, 1835 posts, RR: 1
Reply 19, posted (5 years 8 months 5 days 13 hours ago) and read 6742 times:



Quoting NewAlitalia (Reply 17):
and maybe this? If this will replace the 166

Alfa was searching the market for a a RWD platform for the 166 successor as there's nothing RWD in the current lineup. Surely Chrysler can help here.


User currently offlineCptkrell From United States of America, joined Sep 2001, 3220 posts, RR: 12
Reply 20, posted (5 years 8 months 5 days 12 hours ago) and read 6736 times:

Just as it is difficult to predict the weather, the winds change in the industrial world, too. I can see this hookup being a good shot and hope for success. Who knows, Chrysler, just on the last ounce of oxygen connected to their deathbed, may now have a somewhat stronger chance of survival than maybe even GM.

As an anecdote, I don't think I know of anybody (associated with the 'car world' or not) that is not familiar with the Fiat and Alpha Romeo names. Definitely a plus in my book. It will be an interesting ride. ...jack



all best; jack
User currently offlineKiwiRob From New Zealand, joined Jun 2005, 7410 posts, RR: 5
Reply 21, posted (5 years 8 months 5 days 12 hours ago) and read 6726 times:



Quoting JJJ (Reply 19):
Alfa was searching the market for a a RWD platform for the 166 successor as there's nothing RWD in the current lineup. Surely Chrysler can help here.

That would be interesting, I wonder if Mercedes would allow it since the LX platform is based on w220 s class and w210 e class components.

I thought that the 166 should be built on a downspec quattroporte platform.


User currently offlineNa From Germany, joined Dec 1999, 10736 posts, RR: 9
Reply 22, posted (5 years 8 months 5 days 12 hours ago) and read 6726 times:



Quoting NewAlitalia (Reply 17):
AGREEMENT CONFIRMED a few minutes ago.

Wow, thats fast. I read on yahoo, Fiat wants to take 35%, and later upgrade to 55%.

Quoting NewAlitalia (Reply 17):
Alfa Romeo (a SUV and the new "big" that will replace the 166 will be available in 2012)

and maybe this? If this will replace the 166

Fiat should also prepare a special version for the US market similar to the Abarth of the new 500 that should be sold under the label 500.
The new 500 has been the Europe's car of the year 2008.

There are voices also of a come back to the USA of the new Lancia Delta that i like a lot.

Alfa was buried the SUV as much as I heard (thank god, Alfa is no brand that would fit this type of suddenly rapidly dying concept).
The 166 sucessor will surely have more chances now. Recently there were rumours that there would be no new big Alfa, and that Lancia would build the new big (well, upper middle class) sedan of the Fiat group. The photo you show is as much as I know not much more than fantasy.
As for the Delta, that could be a car that would sell in the US with its extravant exterior and superior spaciousness for its class. I have testdriven that car, but I found its not for me. The Fiat Bravo-inherited dashboard is horrible and has zero Lancia-style. In general its no match fo the Alfa 159 (which is of the same size, with less rear space, but more expensive).
The 500 I could also see to sell well in the US.


User currently offlineNewAlitalia From , joined Dec 1969, posts, RR:
Reply 23, posted (5 years 8 months 5 days 11 hours ago) and read 6712 times:



Quoting Na (Reply 22):
Wow, thats fast. I read on yahoo, Fiat wants to take 35%, and later upgrade to 55%.

Yes, we are all surprised, but Mr Marchionne is a great manager and he did a lot of nice surprised since he took over Fiat.
Today for example they said that they want to go on to deal also with other brands. I suppose that they meant Volvo.. The Fiat Group has never abandoned the idea in my opinion to take the Swedish car maker and in this moment Volvo is in a really bad situation.

About the new 169 (that will replace the 166), i am sure that it will not be much different from the picture it is possible to find around. It could be a cool car.

I agree with you that 500 could sell well in the USA too.


User currently offlineNa From Germany, joined Dec 1999, 10736 posts, RR: 9
Reply 24, posted (5 years 8 months 5 days 11 hours ago) and read 6697 times:



Quoting KiwiRob (Reply 21):
I thought that the 166 should be built on a downspec quattroporte platform.

Too expensive I heard. I´ve been driving big Alfas for the past 17 years, if they would go half the way up to the big Maserati they would loose me as a buyer for sure.

Quoting NewAlitalia (Reply 23):
About the new 169 (that will replace the 166), i am sure that it will not be much different from the picture it is possible to find around. It could be a cool car.

I agree the concept looks nice, though its radically different to the 164 and 166 I so much love. It has some overtones of the Quattroporte.


25 Pyrex : So, to get it straight, Cerberus took bailout money from the U.S. government to prop up Chrysler and then turned around and sold it to the Italians. I
26 NewAlitalia : No, you are wrong.
27 Tugger : First of all Cerberus is diluting its shares of Chrysler to get this deal done, so they are giving up something of real value (provided it survived).
28 Srbmod : I briefly mentioned that possibility earlier in the thread. Daimler-Benz a few years back started back selling the Sprinter under the Freightliner na
29 StasisLAX : This merger could be a good move for both Chrysler and Fiat as they combine their resources to compete in the growing global automotive marketplace. T
30 MAH4546 : I really don't think Chrysler LLC wants to mess with one of the few successful products they actually have. The Charleston knock-down plant can't bui
31 Post contains links StasisLAX : And speaking of Daimler, they're on the verge of completely bailing out of Chrysler according to an article published today on MotorAuthority.com: A s
32 Dougloid : Wasn't Cerberus the three headed dog that guarded the gates of Hades to prevent the escape of any who crossed the River Styx? Is it just me or does a
33 JJJ : Right on, that's the very last resort option because of the huge cost involved and also that it might cheapen the Quattroporte image. I'm sure the 50
34 Pyrex : If you look at their past history it is not only the name that is offensive/creepy. Some people go as far as to say the company has Satanic connectio
35 Post contains links StasisLAX : AutoObserver.com published this information regarding the Chrysler/Fiat Group combination: "For Chrysler, a partnership with Fiat that brought new sma
36 Keesje : I think you'll like the Lancia's. I had two ; classy, sporty station wagon & alcantara Italian furniture and Bose sound installation. Mpg of the commo
37 Post contains links Srbmod : Chrysler recently closed their plant in Newark, Delaware (which produced the Durango and Aspen SUVs) and at one point last year, it was rumored that
38 Cptkrell : After reading comments from my 'Detroit buddies' I might have to temper the initial enthusiasm I had when I first heard rumblings about the Fiat/Chrys
39 Alessandro : In Sweden Fiat has been the fish that swimmed against the tide, one of the few companies that increased their sales during 2008. The 500 seem to sell
40 Post contains links StasisLAX : If Fiat would buy into the refurbishment of Chrysler's Newark plant, that would be incredibly good. Delaware has been hit hard with the downsizing of
41 Post contains links StasisLAX : The U.S. Senate has already inserted itself into the potential deal between Fiat and Cerebus/Chrysler. One senator wants the $5.5 billion USD already
42 KiwiRob : That's why I think Fiat should look into purchasing Saab.
43 Tugger : Hmmm, I don't read that in the article. And the way I read it the senator wants a provision made that if and/or when Fiat does take a controlling int
44 Bahadir : I want a Grande Punto.. I looovvee that car..
45 Charles79 : This is exactly what I had in the back of my head regarding this deal. When Congress used taxpayer's money to provide loans to the domestic car compa
46 Cptkrell : Charles79, please re-read my post (Rep # 38); unless these suggested elements in the "deal" are substantially modified, it will be a great thing for F
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