Fiat May Take 35% Interest in Chrysler

[javacontour]

http://www.iht.com/articles/2009/01/20/business/20auto.php

Quote:

DETROIT: The Italian carmaker Fiat is nearing a deal to take a large stake in Chrysler, the most financially troubled of the Detroit automakers, and begin selling small cars in the United States through Chrysler, a person with knowledge of the talks said Monday.


I'm not sure if I'd buy a Fiat/Chrysler, but it certainly adds something to the Chrysler stable which needs more fuel efficient vehicles.

It gives Fiat a large, existing distribution network inside the US.

It's an interesting play for both parties. Of course, it's just talks right now. But on the surface, it looks like there are benefits for both parties.

 

[Quattro Pete]

The deal actually just got confirmed today:
http://online.wsj.com/article/SB123245224622497573.html

 

[Pablo]

Fiat is back!!

Is that a good thing?

 

[javacontour]

No, but maybe if we see Alfa Romeo's in the dealerships that will be nice for enthusiasts.

 

[tom slick]

maybe we can get that awesome Maserati/La baron again!!! A joint Ferrari-Chryler platform, like they did with Mercedes, would be cool. Chralfa Romesler?

 

[Benzadmiral]

Maybe a Dodge Topolino?

 

[XS650]

There goes Fiat's quality.

 

[Steve S]

Fiat, Perfect.

 

[Samilcar]

If they sold a modern version of the X1/9, I might be interested.

 

[moribundman]

Originally Posted By: Samilcar
If they sold a modern version of the X1/9, I might be interested.


That would be the Barchetta, which is one of the cars I drove as a rental. It was discontinued a few years ago.

 

[ViragoBry]

I'm liking the Bravo 2.0.

 

[mpvue]

Fix It Again Tony!

 

[addyguy]

I'll take a nice, sturdy 124 any day......

 

[ATS-V]

Originally Posted By: addyguy
I'll take a nice, sturdy 124 any day......


I don't think sturdy and 124 belong in the same sentence.

 

[Gary Allan]

Originally Posted By: XS650
There goes Fiat's quality.

The place I bought my Peugeot from was also a Fiat dealer.. That was a marriage made in ....

 

[bcossa2001]

I don't know who to feel sorrier for--Chrysler or Fiat.

Fix it again tomorrow.

 

[Reginald]

I'm imagining a Topolino with a 440 hemi. Could be interesting.

Now if Renault would take a big stake in GM, we'd be all set.

 

[tdi-rick]

Fiat 500 Abarth.

The first car I've heard Jeremy Clarkson rave about and not say one negative thing,

 

[Samilcar]

Originally Posted By: moribundman
Originally Posted By: Samilcar
If they sold a modern version of the X1/9, I might be interested.


That would be the Barchetta, which is one of the cars I drove as a rental. It was discontinued a few years ago.


For grins and giggles, I looked up the Barchetta on Wikipedia:

"Its 131 PS / 96 kW engine is the 1.8 L petrol engine, with twin-cam and variable camshaft timing, which is notorious for its diesel-like clattering noise when failing."

That sounds more like a "classic" Fiat.

 

[rszappa1]

Just what Chrysler needs.....Fix It Again Tony