Re: Fiat buys Gov's share of Chrysler
Minivan bodies designed by Pininfarina?
When your prized bull, needs viagra, he might only get $200 at the sale barn, instead of the $10,000 you paid for him.
Two hundred bucks is better than nothing.
Maybe we should be thankful, at least somewhat for the amount of money, they were able to pay back, keeping 64K people working.
Well, this is kind of the point, mscher, and a lot of folks don't, or refuse to, recognise it. And the number of people working was way, way mre than 64k.
I'm retired now, but in fall 2008 I was working for a Chrysler supplier. We also supplied GM, Ford, Toyota, Honda and others. If Chrysler had been allowed to fail, we would have failed, along with several thousand other automotive suppliers. That would have resulted in the failure of GM, Ford, Toyota, Honda and others. The industry really is THAT interconnected and interdependent. The Chrysler result not only exceeds the most optimistic expectations but the wildest hopes.
The Fiat takeover of Chrysler seems to be very positive so far. Hope that holds up. Contrast that with the Daimler takeover, excuse me "merger of equals", which to those in the industry showed itself to be poison within a couple of years.
