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Post Info TOPIC: The Big Two


DUNDAS, ONT

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The Big Two
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http://www.cbc.ca/news/canada/windsor/fiat-pays-3-65b-to-get-full-control-of-chrysler-1.2481487



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What a long strange trip its been


info@mancavestuff.ca

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We're losing an Icon I tell ya.

 

Ciao bambino



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GTA, ONT

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i think this can be a good thing. people started putting hemis in fiat topolinos many years ago. well now the factory can do it for you.

its best to always look for the silver lining.

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COBOURG, ONT

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ford is the only company that has never gotten a government bailout/handout, although they have bought up other companies and stuff.  ya maybe well see hemis in fiats again lol



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BROCKVILLE, ONT

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Won't be long and the penstar will be a thing of the past

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COBBLE HILL, BC

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Chrysler hasn't been Chrysler for years. Daimler had it for a while and paid to get rid of it.
In 1998, Daimler-Benz and Chrysler Corporation announced the world's largest cross-border deal ever, valued at US$38billion, and the resulting change in company name to "DaimlerChrysler AG".
In 2007, when the Chrysler group was sold off to Cerberus Capital Management the name of the parent company was changed to simply "Daimler AG".
The terms saw Daimler pay Cerberus US$650 million to take Chrysler and associated liabilities off its hands. Of the US$7.4 billion purchase price, Cerberus Capital Management will invest US$5 billion in Chrysler Holdings and US$1.05 billion in Chrysler's financial unit. The de-merged Daimler AG received US$1.35 billion directly from Cerberus but directly invested US$2 billion in Chrysler itself.
I still like Chrysler products.

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