online.wsj.com - 1/20/2009
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The Panda could be one of the vehicles that Fiat sells in the U.S.
online.wsj.com - 1/19/2009
google.com - 1/14/2009
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google.com —
2 days ago WASHINGTON (AP) The Army on
Monday received the first of 4,000 electric vehicles that...
it plans to lease for use on bases, a deal the military says is the largest acquisition of such vehicles in the U.S. and comes as automakers are touting ...
(more)
The Associated Press: Army goes electric with new ...
usatoday.com - 1/26/2009
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usatoday.com —
New Chrysler small cars expected from a deal
with Italy's Fiat hatched last week won't arrive for...
up to two years, says Chrysler President Jim Press, but even if they were showing up now, it wouldn't matter much. Press says the company's full-size ...
(more)
Lower gas prices send buyers after big cars again
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Blog Reactions
Sykuta on Bailing Out the Italians
TRUTH ON THE MARKET —
... : Today’s Wall Street Journal reports that Fiat is expected to announce a new partnership with Chrysler LLC that will, in the end, result in Fiat taking control of Chrysler. So, what about that bailout of the US auto industry? This announcement exemplifies the fallacy of protectionist subsidies in a global economy. The Big Three auto makers pled with Washington and made their case to the US taxpayers about the need to protect and support the US auto industry with financial bailouts (never mind that the Big Three represent less than 2/3 of the US auto industry production). But ...
Fiat Takes 35% Stake In Chrysler
Daily Markets —
... In other words, Fiat’s contribution is in the form of technology and management resources, as opposed to putting real skin in the game. All that being said this move seems largely symbolic to me as it won’t matter much if Chrysler isn’t able to survive past the fall let alone 2010, so at this juncture it’s best to wait and see if Chrysler is able to survive in general before handicapping the outcome of this tie-up. You can read more here (WSJ), and ...
Note to Fiat: Treasury may want some cash for Chrysler deal
BloggingStocks —
Filed under: Deals, Industry Fiat probably hoped to get a 35% share of Chrysler without putting any skin in the game. Why would the Italian auto company expect that? May it is just naive. The US government is unlikely to let a foreign company get a piece of a US company for free, especially if the Treasury is writing the checks to keep the American company afloat.
According to The Wall Street Journal, "Chrysler LLC has found an international partner in Fiat SpA but the auto maker isn't out of the woods, mainly because ...
In Fiat, Chrysler Gets a Partner and Lifeline
DealBook —
... In the short term, Chrysler still needs additional financing from the government to stay in business. During interviews at the recent Detroit auto show, Mr. Nardelli said Chrysler was counting on an additional $3 billion in loans to get through the year. The Wall Street Journal, citing people familiar with the terms of the agreement, reported that Tuesday’s deal will only become binding if Chrysler gets that $3 billion in government aid. Go to Article from The New York Times » Go to Article from The Wall Street Journal »
Chutzpah, thy name is Chrysler
Rolfe Winkler —
... Two days ago, Chrysler worked out a venture with Italy’s Fiat SpA to make itself “viable” and thus worthy of the second, $3 billion tranche of government loans offered last month. It’s an odd deal. WSJ (emphasis mine): ...
Note to Fiat: Treasury may want some cash for Chrysler deal
BloggingStocks —
Filed under: Deals, Industry Fiat probably hoped to get a 35% share of Chrysler without putting any skin in the game. Why would the Italian auto company expect that? May it is just naive. The US government is unlikely to let a foreign company get a piece of a US company for free, especially if the Treasury is writing the checks to keep the American company afloat.
According to The Wall Street Journal, "Chrysler LLC has found an international partner in Fiat SpA but the auto maker isn't out of the woods, mainly because ...
Related Content
Fiat, Chrysler, wait to close deal
ftalphaville.ft.com 3/30/2009 — The boards of Chrysler and Fiat have given executives approval to complete an alliance deal that now hinges on the terms of extra aid for the struggling US automaker, reports Reuters. The news comes ahead of a Monday announcement by US President Barack Obama on auto industry aid, and more than ...
Nice Surprise For Chrysler: S&P Cuts Fiat To “Junk”
247wallst.com 4/1/2009 — The Administration seems to be counting on a partnership between Chrysler and Fiat before providing federal funds to the No.3 US car company. Most observers would agree that Chrysler is the weaker of the two firms, but maybe not.
The car czar patrol ...
Now Introducing Fiat/Chrysler??
blog.robertsalomon.com 4/29/2009 — And there you have it.
According to the Associated Press, Fiat will sign a pact with Chrysler to officially extend its existence as a going concern (see Fiat to Sign Partnership Deal ).
Italian automaker Fiat Group SpA will sign paperwork to become a partner with Chrysler LLC by Thursday, ...
Video:The Fiat factor
marketnewslive.blogspot.com 5/5/2009 — With a big investment in Chrysler, and plans to takeover GM's European assets, Fiat is on the rise.
Plan to Sell Chrysler to Fiat Clears Bar
nytimes.com 5/6/2009 — The judge overseeing the bankruptcy of Chrysler on Tuesday took a significant step toward allowing the sale of most of the automaker to Fiat , approving the bidding procedures advocated by the company and backed by the Obama administration. The ...
Why Would Fiat Want Chrysler? (TM)(HMC)(GM)(F)
247wallst.com 1/19/2009 — Fiat may be talking to Chrysler about taking a piece of the No.3 US car company. The question is why would the European auto firm bother? Fiat is taking a...
Fiat Completes Takeover of Chrysler
nytimes.com 6/10/2009 — With the touch of pen to paper and a simple wire transfer, Chrysler completed its alliance with Fiat on Wednesday morning, largely ending its quick trip through bankruptcy. The reorganization was completed in 42 days. The last obstacle to an exit a ...
Fix It Again, Fiat? —
The Big Money 1/20/2009
A potential white knight has emerged for the precarious Chrysler: Italy's Fiat, the business pages across the U.S. and Europe are proclaiming this morning. According to t he Wall Street Journal , the two automakers could announce a deal as soon as ...
Obama Oratory Fails to Woo Wall Street —
The Big Money 1/21/2009
Inauguration Day usually makes for a lackluster trading session, but yesterday's was historically bad as the Dow sank four percent, dipping below 8,000 and erasing the early rally of 2009. Financial stocks again lead the way down. The New York ...
Apple Astounds —
The Big Money 1/22/2009
What recession? That was the defiant message Apple sent to the markets following the close of trade on Wednesday, posting better-than-expected profits on record sales last quarter, thanks to unsinkable demand for the iPod and iPhone . Consumers ...
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