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Re: Why does everyone say that Fiat is "buying" Chrysler???
Chrysler Dodge, Plymouth, Jeep, Eagle, etc info/talk (rec.autos.makers.chrysler)
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Re: Why does everyone say that Fiat is "buying" Chrysler??? -
06-09-2009
, 06:49 PM
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So Fiat gets 3 seats on the board, the UAW gets one (and it can't vote). How many voting seats in total does the new board have, and who gets them? BTW, I heard this morning that Fiat does not plan to walk away on June 15 if this deal isin't done by then. |
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News Alert
7:24 PM EDT Tuesday, June 9, 2009
Supreme Court Clears Way for Sale of Chrysler to Fiat
High Court rejects delay sought by Indiana pension funds.
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Guess you can tear up those briefs...
Enter "Fiasco" -- Fiat/Chrysco
#2
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News Alert 7:24 PM EDT Tuesday, June 9, 2009 Supreme Court Clears Way for Sale of Chrysler to Fiat High Court rejects delay sought by Indiana pension funds. |
What is the price?
And how many voting seats in total will the Chrysler board have?
#3
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| MoPar Man wrote: News wrote: |
something entirely different than a day earlier. Yesterday a report on
CNN stated Fiat will start out with a 25% stake and could increase it to
35%. Today a report says up to 51%. I've also seen many other figures
stating how much the UAW has.
Doesn't really matter. The US Government seems to hold the power to
tell them what cars to make, which dealerships to close etc. The WH
should stay out of it. Sad day when the WH controls private industry.
#4
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June 9 (Bloomberg) -- A group led by Fiat SpA will probably complete its purchase of most Chrysler LLC assets tomorrow, |
When you buy something, you usually have to give the seller some money.
There is something called a "price". It is a numerical quantity,
measured in terms of a local currency, usually preceeded with a
character such as "$".
I see no reference to a price in these stories regarding Fiat
"purchasing" Chrysler.
And how is all this sitting with Daimer? Not a peep out of them. ?
#5
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News wrote: June 9 (Bloomberg) -- A group led by Fiat SpA will probably complete its purchase of most Chrysler LLC assets tomorrow, What is the price? When you buy something, you usually have to give the seller some money. There is something called a "price". It is a numerical quantity, measured in terms of a local currency, usually preceeded with a character such as "$". I see no reference to a price in these stories regarding Fiat "purchasing" Chrysler. |
FIAT is willing to invest management's scarce time and attention.
Priceless.
And they may invest further over time to achieve a 51% stake.
Quote:
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And how is all this sitting with Daimer? Not a peep out of them. ? |
Screw Dr. Z, and Cerberus, too.
#6
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News wrote: MoPar Man wrote: News wrote: This is getting absurd! Every day a new report comes out and states something entirely different than a day earlier. Yesterday a report on CNN stated Fiat will start out with a 25% stake and could increase it to 35%. Today a report says up to 51%. I've also seen many other figures stating how much the UAW has. Doesn't really matter. The US Government seems to hold the power to tell them what cars to make, which dealerships to close etc. The WH should stay out of it. Sad day when the WH controls private industry. |
Worse days, most of the past eight years.
#7
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News wrote: June 9 (Bloomberg) -- A group led by Fiat SpA will probably complete its purchase of most Chrysler LLC assets tomorrow, What is the price? When you buy something, you usually have to give the seller some money. There is something called a "price". It is a numerical quantity, measured in terms of a local currency, usually preceeded with a character such as "$". I see no reference to a price in these stories regarding Fiat "purchasing" Chrysler. And how is all this sitting with Daimer? Not a peep out of them. ? |
to make puclic any info including what they are being sold for. But if
we the taxpayers are footing the bill, we should get some sort of info.
#8
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Worse days, most of the past eight years. |
destroy capitalism. Government is a huge source of our problems and yet
people are willing to have them take even greater control. Government
is the problem, not the solution. The WH should not be calling the
shots and basically running auto manufactures. They have no clue how to
do so. Let the people decide what cars they wish manufactures to
produce rather than the WH dictate it.
#9
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News wrote: Worse days, most of the past eight years. Just wait. |
Fine. Please wait with Cheney in your undisclosed, secure location.
#10
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News wrote: June 9 (Bloomberg) -- A group led by Fiat SpA will probably complete its purchase of most Chrysler LLC assets tomorrow, What is the price? When you buy something, you usually have to give the seller some money. There is something called a "price". It is a numerical quantity, measured in terms of a local currency, usually preceeded with a character such as "$". I see no reference to a price in these stories regarding Fiat "purchasing" Chrysler. And how is all this sitting with Daimer? Not a peep out of them. ? |
technologies, particularly their MultiAir engine technology, with the
New Chrysler.
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MultiAir system production announced June 15th, 2009 by DaveAdmin Fiat will be fitting the Alfa Romeo MiTo with MultiAir engines and a start-stop system to increase gas mileage by shutting the fuel supply to the engine when the car is stopped, and seamlessly restarting the engine when needed. The 1.4 liter engine will be available in 105, 135, and 170 horsepower versions. MultiAir engines have 10% more horsepower and 15% more torque than standard gasoline engines of the same design; they also reduce particulates and nitrides of oxygen dramatically. MultiAir is a trademark for an electro-hydraulic valve control system currently used on gasoline engines, and planned for Fiat diesel engines. Fiat is planning to share key technologies with Chrysler in the near term, and MultiAir is very likely to make it to mid-sized Chrysler Group vehicles as well as Fiats sold in the US (regardless of branding). |
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