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Posts Tagged ‘corporate’

Posted by admin at 13 March 2010

Category: American Cars, Chrysler, Fiat, Italian Cars

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why fiat wants chrysler

It is simple. This is a sweet deal for both Fiat and Chrysler Corporation. Chrysler had an option to file for the bankruptcy or to confirm the deal with Italian automaker Fiat.
From this deal Chrysler Corporation will get Fiat models, Fiat technology and Fiat platforms. From the other side Fiat will get 20% share in Chrysler.

One of the automakers which show a best performance in the troubled times and the last big recession is Fiat. This was easy for Fiat because Fiat, just before the crises launch more than a fifteen new car models and most of them in the low segment. Simply the clients and customers which were planning a big car, hit by recession choose to buy a smaller but yet new Fiat car.

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