Fiat-Chrysler in talks over a strategic partnership

Posted on 23 January 2009 under Fiat by john

Chrysler is gearing up for another round of government financing but with a different strategy this time. To acquire government financing, the failing Detroit major has agreed to give away 35% stake to Italian automaker Fiat SpA in return for the fiat technology and expertise in manufacturing small, non/less polluting cars. No cash. Nothing. Only [...]

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