Wednesday, January 21, 2009

Something for nothing?

Auburn Hills, MichiganChrysler Headquarters,
Auburn Hills, MI,
Image via Wikimedia Commons
S0... Fiat (late of greenmailing GM not to merge with them after GM foolishly signed up, to the tune of 2B USD) gets 35% of Chrysler.

What did they give in exchange? Billions of dollars? Some factories? 35% of themselves? Nope. None of the above. They gave nothing except the promise of some future advice and access to technology.

Great work if you can get it...

Tell you what, Mr. Nardelli, give me .0035% of Chrysler and I'll give you some advice. Or maybe I'll just give it to you for free. You should have actually come out with the Durango Hybrid back when you first started talking about it. You know, in 2000? Then you'd have some technology experience by now. And stop giving away your company for nothing.

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