Fiat-Chrysler Alliance

Check this link
http://news.bbc.co.uk/1/hi/business/7839542.stm
Chrysler have created an alliance with Fiat, in order to get mid-size
and small cars into the US.
This will surely be the best opening possible in the US for Alfa Romeo

On Thu, 22 Jan 2009 01:31:56 -0800 (PST), di9it8 >
wrote:

>Check this link
>http://news.bbc.co.uk/1/hi/business/7839542.stm
>Chrysler have created an alliance with Fiat, in order to get mid-size
>and small cars into the US.
>This will surely be the best opening possible in the US for Alfa Romeo

I wouldn't get *too* excited just yet!

Fiat appear to have picked up 35% of Chrysler (which is, currently
dependent on government loans for its very survival) for no money. It
may well give Fiat access to the US (history suggests this might be
with Chrysler-rebadged small Fiats) and it might even give Chrysler
access to Russian and Brazilian markets.

The fly in the ointment is that a "Viability Plan" needs to be
presented to the US Treasury Department by 17th Feb. If they don't
like it, they *could* ask for their 4 billion USD loan back and cancel
a further 3 billion USD loan. Chrysler would then, likely, become
bankrupt.

Why might the USTD not like it? Well..Chrysler is now 19.9% owned by
Daimler AG and 35% owned by Fiat with all(?) the rest in the hands of
Cerberus Capital Management. As, essentially, now a foreign owned
company, the US might be less willing to help it and expect it's
(foreign) owners to do that. A precedent for this is in the UK where
the government appears to have adopted a hands off approach to
Jaguar-Land Rover. Here the owners TATA (India) have had to provide
quite substantial funding for that company after the UK government
insisted it was only a "lender of last resort".

I don't know exactly what the Fiat deal is, in terms of liabilities,
but if it now genuinely owns 35% of Chrysler then my first thoughts
are that it now is responsible for 35% of that company's liabilities -
I wonder how good *that* hand is?

--
Z
Scotland
Alfa Romeo 156 2.4JTD Veloce Leather
'Oil' be seeing you..
(Email without 'Alfa' in subject will be auto-deleted..sorry!)

Maybe Alfa could end up with a big Hemi V8 instead of the V6.



"di9it8" > wrote in message
...
> Check this link
> http://news.bbc.co.uk/1/hi/business/7839542.stm
> Chrysler have created an alliance with Fiat, in order to get mid-size
> and small cars into the US.
> This will surely be the best opening possible in the US for Alfa Romeo

On Fri, 6 Feb 2009 15:56:13 +1100, "Russell" >
wrote:

>Maybe Alfa could end up with a big Hemi V8 instead of the V6.

<pedant>
Except it's not been a 'hemi' for years..
</pedant>

--
Z
Scotland
Alfa Romeo 156 2.4JTD Veloce Leather
'Oil' be seeing you..
(Email without 'Alfa' in subject will be auto-deleted..sorry!)

"Russell" > wrote in message
u...
> Maybe Alfa could end up with a big Hemi V8 instead of the V6.
>
>
>
> "di9it8" > wrote in message
> ...
>> Check this link
>> http://news.bbc.co.uk/1/hi/business/7839542.stm
>> Chrysler have created an alliance with Fiat, in order to get mid-size
>> and small cars into the US.
>> This will surely be the best opening possible in the US for Alfa Romeo
>
>

An Alfa with a ginormous (at least 7 litres) V8 - excellent idea !!!
Whooooooo !!

Dave Savage wrote:
> "Russell" > wrote in message
> u...
>> Maybe Alfa could end up with a big Hemi V8 instead of the V6.
>>
>>
>>
>> "di9it8" > wrote in message
>> ...
>>> Check this link
>>> http://news.bbc.co.uk/1/hi/business/7839542.stm
>>> Chrysler have created an alliance with Fiat, in order to get mid-size
>>> and small cars into the US.
>>> This will surely be the best opening possible in the US for Alfa Romeo
>>
>
> An Alfa with a ginormous (at least 7 litres) V8 - excellent idea !!!
> Whooooooo !!
>
>

Except it would be a yank V8

--
Catman MIB#14 SKoGA#6 TEAR#4 BOTAFOF#38 Apostle#21 COSOC#3
Tyger, Tyger Burning Bright (Remove rust to reply)
116 Giulietta 3.0l Sprint 1.7 145 2.0 Cloverleaf 156 V6 2.5 S2
Triumph Sprint ST 1050: It's blue, see.
www.cuore-sportivo.co.uk

Catman > wrote:

> Dave Savage wrote:
> > "Russell" > wrote in message
> > u...
> >> Maybe Alfa could end up with a big Hemi V8 instead of the V6.
> >>
> >>
> >>
> >> "di9it8" > wrote in message
> >> ...
> >>> Check this link
> >>> http://news.bbc.co.uk/1/hi/business/7839542.stm
> >>> Chrysler have created an alliance with Fiat, in order to get mid-size
> >>> and small cars into the US.
> >>> This will surely be the best opening possible in the US for Alfa Romeo
> >>
> >
> > An Alfa with a ginormous (at least 7 litres) V8 - excellent idea !!!
> > Whooooooo !!
> >
> >
>
> Except it would be a yank V8

Well, we already have an Australian V6....
--
SteveH 'You're not a real petrolhead unless you've owned an Alfa Romeo'
Alfa 156 TSpark Sportwagon Veloce Selespeed - Alfa 75 TSpark Lusso
Ducati 750SS - BMW R100RT - Company Hack Focus TDCI

On Sun, 15 Feb 2009 18:09:11 +0000, (SteveH)
wrote:

>> Except it would be a yank V8
>
>Well, we already have an Australian V6....

...is that good?

--
Z
Scotland
Alfa Romeo 156 2.4JTD Veloce Leather
'Oil' be seeing you..
(Email without 'Alfa' in subject will be auto-deleted..sorry!)

Zathras wrote:
> On Sun, 15 Feb 2009 18:09:11 +0000, (SteveH)
> wrote:
>
>>> Except it would be a yank V8
>> Well, we already have an Australian V6....
>
> ..is that good?
>

Well mine's OK, but no idea if it's Australian or not


--
Catman MIB#14 SKoGA#6 TEAR#4 BOTAFOF#38 Apostle#21 COSOC#3
Tyger, Tyger Burning Bright (Remove rust to reply)
116 Giulietta 3.0l Sprint 1.7 145 2.0 Cloverleaf 156 V6 2.5 S2
Triumph Sprint ST 1050: It's blue, see.
www.cuore-sportivo.co.uk

On 15 Feb, 09:52, "Dave Savage" > wrote:
> "Russell" > wrote in message
>
> u...
>
> > Maybe Alfa could end up with a big Hemi V8 instead of the V6.
>
> > "di9it8" > wrote in message
> ...
> >> Check this link
> >>http://news.bbc.co.uk/1/hi/business/7839542.stm
> >> Chrysler have created an alliance with Fiat, in order to get mid-size
> >> and small cars into the US.
> >> This will surely be the best opening possible in the US for Alfa Romeo
>
> An Alfa with a ginormous (at least 7 litres) V8 - excellent idea !!!
> Whooooooo !!

No, that's all wrong. It's like giving silicone implants to the Mona
Lisa...

--
Halmyre