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Thread: Italian-owned Fiat now runs Chrysler

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    Italian-owned Fiat now runs Chrysler

    Well, it's official.

    GM filed for bankruptcy, China's now making Hummers, and Chrysler is now an Italian-owned company.

    And Obama's been abroad through most of it.

    Chrysler-Fiat Deal Signed, Company Exits Chap. 11 - FOXBusiness.com
    Last edited by Erod; 06-10-09 at 12:18 PM.

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    Re: Italian-owned Fiat now runs Chrysler

    Quote Originally Posted by Erod View Post
    Well, it's official.

    GM filed for bankruptcy, China's now making Hummers, and Chrysler is now an Italian-owned company.

    And Obama's gone abroad through most of it.

    Chrysler-Fiat Deal Signed, Company Exits Chap. 11 - FOXBusiness.com
    GM and Chrysler should have went into bankruptcy last year, and the parts suppliers should have received government guarantees.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Italian-owned Fiat now runs Chrysler

    Cheers for Fiat. Hope they can do better than the last owners.

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    Re: Italian-owned Fiat now runs Chrysler

    Quote Originally Posted by CrusaderRabbit08 View Post
    Cheers for Fiat. Hope they can do better than the last owners.
    Maybe they can do better than the German ownership of Chrysler.

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    Re: Italian-owned Fiat now runs Chrysler

    The worst was when anheuser busch became Dutch.

    This is just the cards following the wealth. Even if Obama didn't do a damn thing with GM then you would see bits and pieces of the company being bought like it is now.

    Now, at least, GM will stay in America.
    "I do not underestimate the ability of fanatical groups of terrorists to kill and destroy, but they do not threaten the life of the nation. Whether we would survive Hitler hung in the balance, but there is no doubt that we shall survive al-Qa'ida." -- Lord Hoffmann

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    Re: Italian-owned Fiat now runs Chrysler

    Affordable Maserati and Ferrari's under a Chrysler name?
    "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
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