What does the Chrysler-Fiat deal mean for us?
Chrysler LLC and Fiat S.p.A. recently announced that they've entered into a strategic alliance that Chrysler believes "provides significant strategic benefits that support our viability and long-term competitiveness." Translation: When the ink dries in April, Fiat will have bought a 35-percent stake in Chrysler.
The partnership will benefit both companies through platform and technology sharing. Fiat gets a boost from Chrysler in gaining a foothold in North America, and Chrysler gets a healthy infusion of cash. But the actual ramifications of the deal are unclear and subject to speculation.
Here's a taste of what … Read more
