ROME (AP) -- Fiat and Chrysler said Tuesday they have agreed to form a strategic alliance that would give the Italian auto empire a 35-percent stake in the troubled U.S. carmaker and could eventually bring it full control.
The deal means Chrysler, which is fighting off bankruptcy and struggling to sell less fuel efficient larger models, would have access to new markets and cheaper, more environmentally friendly technologies.
It is quite possibly the world's most perfect automotive merger:
My
Old
Plymouth
Ain't
Running
Fix
It
Again
Tony.
A match made in heaven!
That is all.
8 comments:
Sorry Jay, you got it wrong.
Failure
In
Automotive
Technology
... more than my share of time working on 'em :)
And of course:
Mostly
Old
Parts
Assembled
Randomly
:)
Mopar:
More Old Parts And Rust
Dodge:
Dead Or Dying Generally Everyday
Swedish
Automobile
Always
Broken
Jay,
as the owner of one, it's really
Fling
It
Around
Turns
My 87 still starts up every day, with no maintenance. Granted, they can be high maintenance, but wait til they come back in '10. Then we're really in trouble
You'd think that Fiat would have learned from Diamler's experience, but NOOOOOOOOO, they just have to try this. Does this mean Chrysler won't be taking any bail out money?
Who's next Peugot?
Who is "Anon" with the 87 ?
I have an 87 bert as a daily , and an 86 turbo bert for special occasions :)
You guys are overlooking the Curse of Jeep: Every company that acquires Jeep is doomed.
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