Chrysler and Fiat
I see that Chrysler is now in the hands of Fiat. I can’t see anything good coming out of that marriage. According to CBS news, Fiat gets all the good assets of Chrysler. Doesn’t that mean that Chrysler gets stuck with all the junk?
In my lifetime, I have owned both Fiat and Chrysler products. Admittedly, its been a long time since I owned a Fiat, but the best word I could describe my Fiat with is ‘crap’. I have owned several Chrysler products, and compared to the GM and Ford products I have owned, I have to say that they were also pretty much crap, but better than the Fiat. So I guess its a wait and see to determine if crap plus crap can equal anything good.
They will probably produce POS Pelosimobiles and then wonder why no one buys them.
On the good side, there are rumors floating around about Libya owning a chunk of Fiat, but I believe these rumors to be false. President Reagan forced a buyout of the Libyan shares in exchange for contracts with the US Government circa 1986.