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Italian carmaker Fiat has clinched a $4.35 billion deal to buy the rest of Chrysler it doesn’t already own, avoiding a planned IPO of the third-biggest American carmaker.
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Now, FIAT needs an Asian leg as it already can boast a long term presence in Europe (including Russia), Latin America and North America.
Probably, for an Asian partner they will follow the example of Renault, which controls 44% of Nissan but keeps both brands autonomous.
Suzuki, which alliance with VW failed, could be a good partner, even if FIAT perhaps prefers a Chinese partner as could be Geely, given the fact the Chinese market is bigger.
I own a Chrysler 300 AWD and never have had any problems with it! I purchased it for near 50,000.00 dollars and enjoy it every day!
[quote name='Vlada' time='02.01.2014 19:40']German cars are the best, be it BMW, Mercedes, or the WW group. Add to that Opel because it is mainly developed in Germany, so it complies with the standards there. German cars are the most reliable, with very good steering gears, and very solid motor sections. Chassis are also very good and do not get rusty.
I found that BMW cars have wiring problems and many other problems with double clutch mechanisms. Are you sure about your statement?
Does anybody ever get this right? Fiat bought control of the rest of their own company from Chrysler. Chrysler used to own part of Fiat.
Amazing that there are People who Believe that the Conspiracy/Decisions that Emerge from Bilderberg/Bohemian Grove actually Determine World Events
Fact s Show that these Idiots haven't Picked a Winner for Several Years Running or China Russia and India would never have Risen to such Prominence as they have
It's like the InterNet Myth that there is an International Jewish Banking Cabal
So Chrysler was Iacocca's Company for awhile - what happened? All-Italian Motors Unlimited I Guess
Still I'd rather see a Tiny Fiat coming down the Road than those Idiot Smart Cars (the 4 wheeled version of the Segway)
Fiat bought out their own side, not like they own any Chrysler side! Go figure!!!
Maybe Chryslers will now become quality vehicles?
Marchionne is Chrysler-Dodge-Jeep' s death sentence in a suit. People like him are one reason I will never want to work in this industry.
Most FIAT models should be manufactured in low wage countries from Eastern Europe, Latin America and China, leaving Italy just for the better models.
Just to add: My friend is an automechanic, who lives from it for more than 30 years. He says that steering gears and chassis of Italian cars are like toys when compared with German cars. French cars are generally better than Italian, but are surely not as good as those produced by German manufacturers.
I guess he is an unbiased and a competent authority in the field.
German cars are the best, be it BMW, Mercedes, or the WW group. Add to that Opel because it is mainly developed in Germany, so it complies with the standards there. German cars are the most reliable, with very good steering gears, and very solid motor sections. Chassis are also very good and do not get rusty.
FIAT has the technology and the knowledge, but their philosophy of making light cars that will not endure for a long time is the main problem. Also, in the past they frequently used to be quick rusty models. It is not always about the external design. FIAT should turn to be making some more solid models.
History tells us that Italy is rich in Architecture and Design but also that FIAT generally stood for Fix It Again Tony ( An Acronym from the 70's) and as far as I can discern,not much improved since then. I may be wrong and if so apologize,but my brother had a 1972 FIAT Spyder and that car had spent more time in the Kleinburg Garage than on the streets. Have not met a more recent owner,so I cannot say if this still holds true.
Hmmm....Fix It Again Tony ( An Acronym from the 70's) is buying out Chrysler. Can anyone spell disaster? Sure,I bet you can. ;-)
Anyone who still doubts that Italians are nothing but super intelligent businessmen and engineers should review their prejudices...
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