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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (66287)9/21/2010 2:27:26 AM
From: TobagoJack1 Recommendation  Read Replies (1) | Respond to of 218882
 
it is interesting you find corpses in new orleans "LOL"
but not surprising



To: Hawkmoon who wrote (66287)9/21/2010 7:26:26 AM
From: elmatador  Respond to of 218882
 
Fiat is saving a badly struggling Chrysler, in which Fiat has management control and a 20 percent stake. But I wonder if, after the spinoff, the opposite might happen: Could Chrysler save Fiat?

There are three reasons for this view.

1. Chrysler's product pipeline for the next couple of years is broader than Fiat's in terms of the number of new models coming and their scope.

2. Chrysler is generating cash even in a still very weak U.S. market where it sells an aging product range. Fiat Auto is burning through roughly 150 million euros in cash a month.

3. Chrysler has a strong relationship with the United Auto Workers union and the possibility to quickly increase production if there is a surge in demand. Fiat wants to increase output in Italy to 1.4 million units in 2014 from 650,000 last year. But the company is making little progress in tackling poor productivity and labor conflicts in its domestic plants.

Marchionne has dreamed of spinning off Fiat's auto business since he was appointed CEO in 2004. Time will tell whether the dream turns into a nightmare.

Read more: autonews.com