Goodbye Chrysler:

April 29 (Bloomberg) — President Barack Obama plans to announce tomorrow that Chrysler LLC will be placed into Chapter 11 bankruptcy, leading to an alliance with Italian automaker Fiat SpA, people involved in the matter said.

An alliance with Fiat is a literal death-knell for Chrysler or, as I quantify it, the Euro blind leading the American blind.

BZ
If you enjoyed this post, make sure you subscribe to my RSS feed!

12 thoughts on “Goodbye Chrysler:

  1. Screw any American Auto Maker that can’t pull it’s own weight. Send them all down the tube if that’s what it takes.

    Fuck em!

  2. Fiat controlling Jeep. Kind brings a new probability to being stuck further out. Now not only the ability for you to get all 4 stuck but the probability the thing will just quit on you even if you arent stuck in the mud.

    Maybe some Chrysler “quality” will pervade Fiat.

  3. I wonder what the labor negotiations are going to be like with the UAW sitting on both sides of the table.

Comments are closed.