Financial Results Show Fiat Profit Dives, Forecasts Too. Cash Flow Shows Alarming Outflow. First reaction to Fiat’s plan to take a 35 per cent stake in Chrysler was positive, but the second wave of reaction, with the benefit of the Italian company’s financial results for 2008, was more downbeat as analysts crunched a few more […]
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Fiat-Chrysler Passes Initial Scrutiny, But Will Obama Like It?
Deal Could Be Expanded To Include Peugeot. Critics Say Combining Two Strugglers Unlikely To Work. “Bottom line, this strikes us as a deal born of weakness on both sides. Both companies are in a similar position on several fronts: too much reliance on one type of product, too much reliance on home markets, not enough […]