Fiat bite the hand that, once, fed them?
Is Fiat Group SpA CEO Sergio Marchionne's disapproval of a U.S. governmental "Big Three Bailout" a bit mean? Consider GM's $2 Billion exit from Fiat partially funded his brilliant company product revi...
Is Fiat Group SpA CEO Sergio Marchionne's disapproval of a U.S. governmental "Big Three Bailout" a bit mean? Consider GM's $2 Billion exit from Fiat partially funded his brilliant company & product revival which is credited with saving Fiat.
Then again, perhaps he has a point given the fact that GM paid a small fortune to exit a company which has the sort of small platform technology/capacity they currently need. Even worse, rival Ford are benefiting from it as it's seen in the new Ka. If that's a sign of GM management skill, perhaps throwing more money at the same team is not such a good idea.
Fiat CEO Speaks Out Against Big Three Bailout - The Car Connection
Fiat CEO Speaks Out Against Big Three Bailout - The Car Connection
