CHRYSLER ANNOUNCES DEAL WITH FIAT
Chrysler LLC said today it was striking an alliance with Fiat S.p.A. that will give the Italian carmaker 35% of Chrysler in return for sharing technology, manufacturing and management.
35% today, 100% in another year or two (at the most).
Aw, geez. My father is whirling in his grave. :(
Posted by: pam at January 20, 2009 11:59 AM