Chrysler’s decision to give Italian automaker Fiat a 35 percent stake in its operations in exchange for access to Fiat’s small cars and restructuring expertise may not sit well with the federal government. And that could scuttle the deal.
The Detroit Free Press notes, “As word of the deal leaked Monday, Rep. Barney Frank (D-Mass) told CNBC that a Fiat partnership might force Chrysler to pay back its $4 billion in Read more…
Chrysler dealers, battered even worse than their competition by slow car sales, could use a hot seller right now. Apparently, they may get one sooner than expected.
Motor Trend reports, “Hot on the heels of the Chrysler-Fiat alliance announcement comes word that Chrysler is considering a crash program to fast track the Fiat 500 for sale in the U.S. If Chrysler gives the project the green light, it would be here in Read more…
Alain Raymond always dreamed of owning a Fiat Abarth. He had owned its lowly cousin, a Fiat 600, while he was a student in Lebanon.
It was a basket case. But anyway, it was my car, he recalls.
Many years later, Raymond, an auto writer for La Presse, a French-language newspaper in Quebec, realized his Italian dream in Denver: a former racer driven by Umberto Toscano. You cant get any more Italian than that, Read more…
