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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: 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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From Today's Detroit Free Press... BY MARK PHELAN • FREE PRESS AUTO CRITIC • March 4, 2009 "GENEVA — On the eve of Fiat CEO Sergio Marchionne’s meeting with the presidential automotive task force to discuss his company’s proposed alliance with Chrysler, the Italian automaker unveiled a new engine technology it says can reduce fuel consumption as much as 25%. The system is expected to be available to all Fiat’s current and future partners, including Chrysler, Fiat powertrain chief Alfredo Altavilla said at Geneva's annual auto show. The first engine using the system goes on sale in the Alfa Romeo MiTo sporty compact in Europe later this year. The MiTo is among the cars Fiat’s Alfa Romeo brand hopes to sell in the Untied States if its alliance with Chrysler comes to pass. Called Multiair, the system uses electronic controls and hydraulics to vary an engine’s valve timing over a wider range than the mechanical systems automakers use today. Many automakers have turned to variable valve timing to improve fuel economy and boost performance in recent years. Development of Multiair began with Fiat’s Ferrari Formula 1 racing team. The system will initially be fitted to Fiat’s family of 1.0-liter to 1.4-liter four-cylinder engines. It will also be used on an upcoming line of 900cc two-cylinder engines the automaker has developed for use in small cars. Fiat will eventually use it on all its automotive engines. Multiair reduces an engine’s fuel consumption 10%, but its high power output will allow automakers to replace big engines with smaller ones, leading to the potential 25% decreased in overall fuel consumption, Altavilla said. It also reduces exhaust emissions by 40% to 60% he said. Fiat has proposed taking a 35% stake in Chrysler in exchange for providing the struggling automaker with a variety of vehicle platforms and engine and transmission technologies to produce the small, fuel-efficient vehicles Chrysler needs. If the alliance goes through, Chrysler would build vehicles, engines and transmissions based on Fiat technology, in addition to assembling Fiat and Alfa Romeo models at some of its North American assembly plants. Fiat could eventually raise its stake in Chrysler to a controlling 55%. Multiair can be used on both gasoline and diesel engines. Fiat thinks it will allow diesels to meet strict 2014 European emissions limits without the costly exhaust treatment systems other automakers have said they will use." Is this a ruse by Fiat to get the Chrysler deal done, or is this new technology for real?
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Replying to: hpmctorque (Mar 04, 2009 4:50 am) Will result in an actual mpg improvement of maybe 10% (if that), as they will end up choosing to boost power at the same time as increasing fuel economy, I'm sure. |
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