fiat/chrysler

[hondasaurus]

kina old news now but i haven't been on the site for a few days.
http://www.allpar.com/news/index.php/2009/01/confirmed-fiat-to-get-35-pct-stake-in-chrysler/

fiat gets 35%
Chrysler will get access to Fiat’s platforms, powertrains and components that would be produced at a Chrysler facility in the U.S. Fiat would also provide distribution support in key foreign growth markets.

 

[get_nick]

Plan A:

1. Call up Federal government
2. Ask for money
3. Cash check
4. Profit!

Plan B:

1. Call up General Motors
2. Agree to joint venture
3. Get paid $2 billion to NOT be purchased by GM
4. Profit!

 

[TurboMirage]

i hope that someday all UAW are out of jobs and money.

 

[hondasaurus]

some speculate that US union membership in general will go up from low teens to high teens due to new administration. but generally and until now unions have been shrinking.