Fiat Takes 35% Stake In Chrysler

Author Topic: Fiat Takes 35% Stake In Chrysler  (Read 1584 times)

Offline Ponch ®

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Re: Fiat Takes 35% Stake In Chrysler
« Reply #15 on: January 21, 2009 - 01:49:57 PM »


How about a 6.1 Hemi Ferrari!


I'm thinking more along the lines of a Ferrari-based, "halo" car to succeed the Viper?  :stirpot:


"I spend most of my money on cars, women and booze. The rest I squander"

-1974 Dodge Charger
-2008 Dodge Charger R/T
-2001 Razor Scooter




Offline tumbob

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Re: Fiat Takes 35% Stake In Chrysler
« Reply #16 on: January 21, 2009 - 10:32:55 PM »
Just wondering... how do you get a 35% stake with no cash involved????? Daimler still has ~19% they are not telling something about this deal.
09 Challenger SE
68 Charger 383
70 Challenger Convertible 340
72 Cuda 340

Offline NoMope Greg

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Re: Fiat Takes 35% Stake In Chrysler
« Reply #17 on: January 22, 2009 - 12:34:45 AM »
The paragraph above the percentage figure tells the story.  Cerberus will give up a partial stake in return for access to engineering work to make Chrysler more competitive in small cars:

The two companies said in a joint statement they would share technologies and vehicle platforms. Under the proposed alliance, Fiat would not invest cash in Chrysler but would provide access to its successful small-car platforms, as well as to its more environmentally friendly and fuel-efficient engines.
Greg
2003 Ford Escape XLS
Currently Mopar-less :(

Offline 426HEMI

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Re: Fiat Takes 35% Stake In Chrysler
« Reply #18 on: January 22, 2009 - 01:15:56 AM »
I just hope it all works out.  Guess we will see in time.  I got news that chrysler will be around so I hope it is true!!!!
Got a pretty good start on my M46 optioned Barracuda restoration but now it is on hold till I can gather more funds.  Still need a few parts for it.  SIU Graduate 75 AAS Automotive Tech, 94 BS Advanced Tech Studies, 1997 MSED Workforce Education and Development

1970 M46 Barracuda
1998 Dodge Darango

Gordon

Offline Jacksboys

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Re: Fiat Takes 35% Stake In Chrysler
« Reply #19 on: January 22, 2009 - 03:14:16 PM »
So, do I say,

Fee-at    or
F-eye-at?

I never have known.    :lol:


I have always heard it pronounced Fee-aht ....  a hard "E" and a soft "A"   :2thumbs:
1971 Dodge Challenger:  360/904/3.23
   
Success is the maximum utilization of the ability that you have. - Zig Ziglar