Chrysler expected to sell assets to Fiat

NEW YORK – Chrysler LLC is expected to file a motion Saturday to sell substantially all of its assets to Italian automaker Fiat Group SpA, but the ailing automaker must still deal with creditors who refused to come to a deal to erase the company's debt.

http://news.yahoo.com/s/ap/20090502/ap_on_bi_ge/us_chrysler

 

Hopefully they start making better automobiles!!

 

More like better fuel-efficient automobiles using green energy so we can become independent from foreign oil.

 

The french arent exactly known for their automobile skills. LOL (their airplanes are even worse)

 

So I hear.

I just hope Chrysler gets their act together and starts making desirable models. The company is not run very well and they need some new ideas to keep up with the rest of the industry.

 

The sooner they can pay back the taxpayers and stand on their own, the better

 

Not sure that Fiat has the marketing muscle necessary here in the States, and they are still negotiating Chrysler's debt load, stay tuned this should be interesting....

 

Every U.S. automaker needs to follow the Japanese model and start making smaller and more fuel efficient alternatives.

 

Poor Chrysler... FIAT sucks... oh well, I have one just because I couldn't buy better lol

 

Co-sicily!!!:smt045

 

Well if they want this to work, they had better get the muscle lol

 

hoping this doesn't become a long protracted process.. though chances are, it just might.. the city of detroit needs to be aggressive in attracting alternative industries.. too much dependency was placed on the automotive groups..

 

Wow, this recession is really a beast isn't it?:smt045

 

Something tells me Fiat will be selling their Chrysler assets in the near future. :???:

 

Is that bad or good? :smt017

 

When and if it happens, it won't be good.

 

See what I mean..



Today's morning news reads:

http://www.worldcarfans.com/9090515.006/chrysler-announces-789-dealers-to-be-closed