NationStates Jolt Archive


Fiat-Chrysler deal: whom will benefit?

Risottia
31-03-2009, 15:33
I assume you know about the Fiat-Chrysler deal (if you don't, you're able to google it yourself).

I'm interested in the general perception of the deal's eventual benefits, in the EU and in the US opinion. Will it benefit Fiat more than Chrysler? Both? None of them?

So, polly poll coming.
Tmutarakhan
31-03-2009, 15:35
It will probably drag Fiat down, like it did with Daimler.
greed and death
31-03-2009, 15:37
Basically, Chrysler will have Fiat pay off their debts then separate from them.
VirginiaCooper
31-03-2009, 15:38
How are the cars Fiat makes?
greed and death
31-03-2009, 15:41
How are the cars Fiat makes?

the nick name for them is Fix it again.
Risottia
31-03-2009, 15:44
How are the cars Fiat makes?

Fiat (main brand) is more about cheap, low liter-per-km-ratio cars and family cars.
Alfa Romeo is about sports cars, usually quite good.
Lancia is about mid-luxury cars, usually quite good and also quite expensive.
Everyone knows about Ferrari.
Also Fiat is strong with freight vehicles (with IVeCo) and operating machines and agricultural tractors (New Holland).
VirginiaCooper
31-03-2009, 15:44
the nick name for them is Fix it again.

Why couldn't our government have paired Chrysler with... I dunno, Lamborghini? Now that would be change I can believe in.

Given what Risotto says in the above, perhaps Fiat could institute a little change in the Chrysler brand to the benefit of all.
Londim
31-03-2009, 15:46
Why couldn't our government have paired Chrysler with... I dunno, Lamborghini? Now that would be change I can believe in.

Given what Risotto says in the above, perhaps Fiat could institute a little change in the Chrysler brand to the benefit of all.

Fiat has 56% ownership of Ferrari...

EDIT! You edited didn't you?!
greed and death
31-03-2009, 15:47
Why couldn't our government have paired Chrysler with... I dunno, Lamborghini? Now that would be change I can believe in.

Given what Risotto says in the above, perhaps Fiat could institute a little change in the Chrysler brand to the benefit of all.

Basically, the worst of the US paired with the worst of Europe.
Lacadaemon
31-03-2009, 15:51
Cerberus capital.

If you are living in North America, plan to buy a new car over the next few years. Because they are going to get a lot more expensive.
Tmutarakhan
31-03-2009, 15:54
the nick name for them is Fix it again, Tony!
Fixed
greed and death
31-03-2009, 15:58
Fixed

i forgot about the tony part. damn Itais.
Cabra West
31-03-2009, 16:01
I assume you know about the Fiat-Chrysler deal (if you don't, you're able to google it yourself).

I'm interested in the general perception of the deal's eventual benefits, in the EU and in the US opinion. Will it benefit Fiat more than Chrysler? Both? None of them?

So, polly poll coming.

I don't know.

My reaction when watching the news yesterday was "FIAT??? Why on earth FIAT???"
Intestinal fluids
31-03-2009, 16:08
It helps Fiat and Chrysler,and it screws the US taxpayer because we have to throw in an additional 6B if it goes thru. Its the truth and its not even an option.
greed and death
31-03-2009, 16:09
I don't know.

My reaction when watching the news yesterday was "FIAT??? Why on earth FIAT???"

I am sure they will be adding YUGOs to the partnership next.
Cabra West
31-03-2009, 16:16
I am sure they will be adding YUGOs to the partnership next.

Are those even still in business?
German Nightmare
31-03-2009, 16:55
Why couldn't our government have paired Chrysler with... I dunno, Lamborghini? Now that would be change I can believe in.
Because "In 1998, Lamborghini became a subsidiary of the German car manufacturer Audi AG, which is in turn a subsidiary of Volkswagen Group, which is in turn a subsidiary of Porsche."* and to be honest, nobody sane would want to pair with Chrysler after the Daimler-Chrysler debacle.

*Source (http://en.wikipedia.org/wiki/Lamborghini)

The only car manufacturer to profit from a recovering Chrysler company would be Opel. I fear it's already too late for Saab. [As CtoaN pointed out, that would've been a recovering GM, not Chrysler]
VirginiaCooper
31-03-2009, 18:23
Fiat has 56% ownership of Ferrari...

EDIT! You edited didn't you?!

:P Risotto set me straight.

Because "In 1998, Lamborghini became a subsidiary of the German car manufacturer Audi AG, which is in turn a subsidiary of Volkswagen Group, which is in turn a subsidiary of Porsche."

I wouldn't mind Chrysler being paired with Porsche.
Cannot think of a name
31-03-2009, 18:41
Why couldn't our government have paired Chrysler with... I dunno, Lamborghini? Now that would be change I can believe in.

Given what Risotto says in the above, perhaps Fiat could institute a little change in the Chrysler brand to the benefit of all.
Once upon a time Chrysler did own Lamborghini. Then, I believe, they sold it to two Japanese guys who thought it would be neat to own Lamborghini. It was rescued from the abyss by being bought by Audi who took the Italian engineers to their design facilities and said, "Go nuts." The Murcilago was born. I might be hazy on the details because I ain't lookin' shit up right now.
Because "In 1998, Lamborghini became a subsidiary of the German car manufacturer Audi AG, which is in turn a subsidiary of Volkswagen Group, which is in turn a subsidiary of Porsche."* and to be honest, nobody sane would want to pair with Chrysler after the Daimler-Chrysler debacle.

*Source (http://en.wikipedia.org/wiki/Lamborghini)

The only car manufacturer to profit from a recovering Chrysler company would be Opel. I fear it's already too late for Saab.
Isn't Opel a GM company? I know Saab is. At least 50% of it.

:P Risotto set me straight.



I wouldn't mind Chrysler being paired with Porsche.
I don't know how spectacular that would be. This is what came out of Chrysler pairing up with Maserati:
http://americaniron.narod.ru/album/chr/images/1990_Chrysler-Maserati_TC.jpg (http://www.allpar.com/model/tc.html)
VirginiaCooper
31-03-2009, 18:47
I don't know how spectacular that would be. This is what came out of Chrysler pairing up with Maserati:
http://americaniron.narod.ru/album/chr/images/1990_Chrysler-Maserati_TC.jpg (http://www.allpar.com/model/tc.html)

Ok, I've got an idea. Since we taxpayers are funding all this nonsense, let's provide a little democracy to the process. Every month or so, each of the Big Three has to provide a concept car or design to the government, and it goes on the internet/TV/DMV walls. Then people vote on it! If they like it, then the company gets to sell cars, and if they don't, they get to wallow in their self-induced misery for a while.
Cannot think of a name
31-03-2009, 18:51
Ok, I've got an idea. Since we taxpayers are funding all this nonsense, let's provide a little democracy to the process. Every month or so, each of the Big Three has to provide a concept car or design to the government, and it goes on the internet/TV/DMV walls. Then people vote on it! If they like it, then the company gets to sell cars, and if they don't, they get to wallow in their self-induced misery for a while.

Right now it's only GM and Chrysler. Ford decided that it was okay on its own, having done a lot of dumping early by getting rid of a lot of their 'prestige' brands. I don't know if that actually had anything to do with it, those might be two unrelated facts I remember about Ford right now.
Ashmoria
31-03-2009, 20:21
it will obviously benefit chrysler since without a partner they will go bankrupt. i assume that the fiat people see some benefit also or they wouldnt bother with making the deal at all. i hope fiat can do better with it than daimler did.
greed and death
31-03-2009, 20:40
Ok, I've got an idea. Since we taxpayers are funding all this nonsense, let's provide a little democracy to the process. Every month or so, each of the Big Three has to provide a concept car or design to the government, and it goes on the internet/TV/DMV walls. Then people vote on it! If they like it, then the company gets to sell cars, and if they don't, they get to wallow in their self-induced misery for a while.

No Internet voting. I do not want a dozen cars named the Colbert.
German Nightmare
31-03-2009, 20:55
I wouldn't mind Chrysler being paired with Porsche.
Porsche would definitely mind being paired with Chrysler!
Isn't Opel a GM company?
It is part of GM Europe, a subsidiary, yes.
it will obviously benefit chrysler since without a partner they will go bankrupt.
And that would be a bad thing why? Obviously, the cars they produce aren't selling too well.
i assume that the fiat people see some benefit also or they wouldnt bother with making the deal at all.
I wonder what the Fiat people are thinking!
i hope fiat can do better with it than daimler did.
I somehow sincerely doubt that. Next thing we'll hear is Fiat calling for help.
greed and death
31-03-2009, 20:58
I somehow sincerely doubt that. Next thing we'll hear is Fiat calling for help.

Dont worry if that happens we will just pair them with BMW.
German Nightmare
31-03-2009, 21:13
Dont worry if that happens we will just pair them with BMW.
Then why not pair GM with Chrysler and let the market sort it out?
greed and death
31-03-2009, 21:14
Then why not pair GM with Chrysler and let the market sort it out?

pair them with Audi and BMW maybe.
German Nightmare
31-03-2009, 21:29
pair them with Audi and BMW maybe.
Uhm, no.

Audi "has been an almost wholly-owned (99.7%) subsidiary of the Volkswagen Group (Volkswagen AG) since 1964."*

*Source (http://en.wikipedia.org/wiki/Audi)

And, if you'd remember, the "Audi AG [is] a subsidiary of Volkswagen Group, which is in turn a subsidiary of Porsche."

And Porsche ain't crazy to get into the whole mess of US manufacturers looking for gullible foreign partners.
Loria Aesir
01-04-2009, 00:25
I can't see Fiat doing well from the deal at all, why would a company join forces with a proven failure? Chrysler will benefit if anyone as the merge may help them break into europe a little more than they have already. Fiat would have been better off joining will a company like Volvo or BMW.
greed and death
01-04-2009, 00:35
Are those even still in business?

Yes they are, they just rolled back their market to Eastern Europe. I just looked it up they are owned by fiat already.
greed and death
01-04-2009, 00:37
Uhm, no.

Audi "has been an almost wholly-owned (99.7%) subsidiary of the Volkswagen Group (Volkswagen AG) since 1964."*

*Source (http://en.wikipedia.org/wiki/Audi)

And, if you'd remember, the "Audi AG [is] a subsidiary of Volkswagen Group, which is in turn a subsidiary of Porsche."

And Porsche ain't crazy to get into the whole mess of US manufacturers looking for gullible foreign partners.

Italians are all gullible I am afraid. GM just announced a merger with Porsche.
Cameroi
01-04-2009, 22:08
as long as we worship the automobile we're contributing to the collective suicide of the human species. so the question is of rally no pertinence to real benefit to real people, places and things. it's all owned by alstholm who owns dameler benz or was. or is it the other way around? does anyone even know what i'm talking about? does it matter? do fish need cars any more then they need bicycles?
VirginiaCooper
01-04-2009, 22:14
No Internet voting. I do not want a dozen cars named the Colbert.

The gauntlet has been throw. Pistols at dawn, sir!
Aston
01-04-2009, 22:22
I wonder what the Fiat people are thinking!

Taken from Paul Horrell, writing on TopGear.com: Fiat boss Sergio Marchionne doubts it. He has said that doing the Chrysler deal was like ‘buying a lottery ticket for Fiat shareholders’. In other words, it’s very unlikley that it will come up with a win. But if it does win, it could win big, as Fiat would then own 35 percent of a new, profitable Chrysler and suddenly have a North American footprint.

And hey, like a lottery ticket, the deal costs Fiat almost nothing - Fiat won’t be injecting any cash or shouldering any Chrysler debt.

Both sides can benefit, Fiat gets an American dealer network, Chrysler get to use Fiat's small car platforms and engines (which it needs)