Fiat to Take Stake in Chrysler

VRM · #1 (**permalink**) 01-20-2009, 10:48 AM

Abarth Vipers anyone?

http://online.wsj.com/article/SB123245224622497573.html

I think after these guys about the only one who will not have owned part of Chrysler recently is me...

Steve

Joe Wicked · #2 (**permalink**) 01-20-2009, 11:10 AM

Wow, I would have never imagined a smaller car company taking ownership of a large conglomerate like Chrysler. Looking at the graph though the,so called, smaller car company has larger world wide sales. Sign of the times I guess.

bomelia · #3 (**permalink**) 01-20-2009, 12:22 PM

Wasn't Fiat on the skids many moons ago?

Mike

VRM · #4 (**permalink**) 01-20-2009, 01:19 PM

Quote:

Originally Posted by bomelia

Wasn't Fiat on the skids many moons ago?

Mike

Yep, and not all that many moons...
I like the vintage stuff more, but I try to keep up on the modern stuff as well...I really didn't think that they were going to make it without a big injection from the Italian government. They have a new guy running the ship and he seems to have done a pretty good job. I would not mind renting a 500 next time I get to Europe..