Ailing Chrysler yesterday agreed to give Fiat a 35 percent stake in the company in return for access to the Italian automaker's line of small cars and international sales network.It is as if the Italians had marched up the boot of America and CRUSHED our Liberty and were forcing us to adopt their godless heathen Kultur!!!
The alliance of the two companies provides no cash to Chrysler, but the company's chief executive Robert L. Nardelli told stakeholders in a letter that he hoped the deal would bolster the automaker's case for additional federal loans by strengthing its offerings. The nonbinding agreement is subject to approval by the Treasury and Chrysler said it hoped it would be complete by April.
[ cf Chrysler Signs Deal That Gives Fiat a 35 Percent Stake ]
I mean what Next on The Godless Obamanite Death March Of Doom!!! Sell off other Automakers to the Germans and Japanese...