Monday, October 26, 2009

WSJ: Fiat Models to Drive Chrysler

Over at the WSJ a slide-show of Chrysler's fate. The Fiats look like props from a Federico Fellini movie. So what happens when you merge a crappy American car company with an Italian one? Wasn't there a reason Fiat left the American market back in the 1970's?

The best comment from the WSJ:

"We would have been better off liquidating Chrysler and at then flying a fleet of B-52's to Italy in order to drop a few hundred billion USD out of their holds. That would have been cheaper and more effective."

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