Fiat to buy full control of Chrysler
Fiat to buy full control of Chrysler Very impressive turnaround in the past few years; up 18% over last year and up 70% compared to 2010.
Forum Discussion
FishOnOne wrote:
Not too impressed once you know the real reason! "Fiat also needs Chrysler's cash to help revive its lineup in Europe and other overseas markets."
BTW... GM recently purchased the remaining stocks from the U.S. Government for a song, so they can shed the "Government Motors" description that has plagued them.
Following the Daimler-Chrysler model, merger driven by Chrysler's excessive cash reserve and Daimler's need for cash.
