Showing posts with label FIAT. Show all posts
Showing posts with label FIAT. Show all posts

Friday, January 23, 2009

FIAT & Chrysler, Will There Be Such a Thing as An Italian American Car?

We are Italian American, and we refer to many things as Italian American, so given the latest news of Italian car maker, FIAT investing its stake in Chrysler..is this the beginning of a beautiful union of an Italian American car manufacturer? As Detroit braces for survival and the reputation of the car industry dwindling, the move from Italian automaker FIAT to join Chrysler signifies a history making decision that could influence American technology and engineering for the better in the green efficiency departments. FIAT hopes to gain much from Chrysler's plants, engineering and resources, along with Chrysler taking the best resources FIAT has to offer. I say, go for it. In these troubled times, going for a union that could possibly benefit future fuel economy cars is the way to go. We will keep on an eye on this newly formed relationship and report on it often. Italian American people, its the way to go! Hey, you never know you might be driving a Fiat 500 very soon!

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Tuesday, December 16, 2008

Can FIAT Out Live Chrysler & GM?

Interesting news this morning about the failing auto industry. Chrysler and GM are waiting patiently for news out Washington on how much or will the government help the cash strapped automakers. Its reported that that the American automakers are now coasting along on cash fumes. It will be any day now that the car giants will run out of money. Incredible. In comparing the car makers across the globe and the steep losses projected all around, one car company, FIAT, is plugging along on losses but still managing to stay afloat with some cash in their account. FIAT has been known to rise from the dead in past years and reinvent themselves. This is the same car company that is the mother to the Lancia, Alfa Romeo, Maerati and Ferrari. So, here it is once again..another financial crisis..will FIAT outlive the US automakers?

http://www.courant.com/news/opinion/editorials/hc-rennie1214.artdec14,0,4779797.column