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Discussion in 'Cars and Transportation' started by TEG, Jan 20, 2009.
Chrysler is very lucky they found a new partner.
They gave Fiat 35% equity and 3 board seats and got no cash. And, it is contingent on another $4B in US taxpayer funds being loaned to Chrysler. I'm not sure I get it.
If the fundamental problem is overcapacity in the industry, bringing new capacity into the market will make things worse
Some comments that were posted in response to that story:
The Chrysler story continues here
REPORT: Fiat and Chrysler working together on electric car — Autoblog Green
Fiat/Chrysler plans electric car - Autocar.co.uk
The 500 has been a huge seller for Fiat, so if done right this could be a good introduction to EVs for a lot of people.
I am so there!