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Chrysler Allies With Fiat

412 messages, Last post on Nov 09, 2009 at 7:02 PM
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Replying to: kernick (Feb 03, 2009 10:06 am) |
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" Or Chrysler has to drop models, close factories and get rid of more U.S. workers then before the Fiats are sold." I'm virtually certain this would happen. Chrysler would drop its intermediates (Dodge Stratus and Chrysler Sebring), which have never sold well. Also, it's already been announced that '09 is the last model year for the PT Cruiser and, at a minimum, the Compass will be dropped from the Jeep lineup. The Caliber is iffy, in my estimation. The Chrysler Corp. models that would probably survive have no Fiat equivalents, and include the Jeep Wrangler and Jeep SUVS, the Dodge and/or Chrysler minivans, the Dodge Charger and/or Chrysler 300 rear-wheel-drive cars, and the Dodge Challenger. The government loans may give GM and Chrysler an opportunity to weather this storm, but will by no means guarantee their long-term survival. If there are too many models sold in the U.S., and I agree with you that there are, the marketplace will ultimately weed out the least competitive ones. |
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Replying to: hpmctorque (Feb 03, 2009 9:02 am) That is a great idea. Let all the auto makers offer the small trucks and cars that are high mileage into the country for 5 years. As long as the meet the current Euro4 emissions standards. It would give GM and Ford a chance to compete against the Asian imports in the smaller car segments. Face it the Big 3 has never done a good job building small cars in the USA. |
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"In an interview with the Detroit Free Press, Fiat CEO, Sergio Marchionne said that Chrysler must meet the terms of federal loans and, "stand up on its own two legs." "If it doesn't, we won't play," Marchionne added." Fiat Boss: Chrysler "needs to stand up on its own two legs"
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Replying to: steve_ (Feb 03, 2009 8:53 pm)
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Replying to: fezo (Feb 04, 2009 8:06 am) |
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"Didn't Fiat cost GM about $4B in a deal gone sour?" That's correct, but this historical fact doesn't serve as an analogy for Chrysler's partnership with Fiat, if that's what you're implying. The situations between the Chrysler-fiat deal and the earlier GM-Fiat one are very different, and shouldn't be compared. |
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"The deal for Italian automaker Fiat SpA to take a 35 percent stake in Chrysler LLC will not be finished until after Chrysler submits a restructuring plan to the federal government, a Chrysler official said Friday." Chrysler official: No Fiat deal closing by Tuesday (AP) |
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Replying to: lokki (Jan 21, 2009 6:51 am) |
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Is this like a man and woman falling in love while waiting outside of bankruptcy court? http://www.marketwatch.com/news/story/Moodys-cuts-Fiats-long-term/story.aspx?gui- d=%7B6868272C%2DD5CE%2D44DA%2DA321%2DFD1F889BEEC5%7D |
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