[D]espite Obama's protestations that he has no interest in running auto companies, it's clear that —with huge sums of federal tax money sunk into Chrysler and GM — he will be very hands-on.
The U.S. government will appoint four of the nine board members of the new Chrysler, with alliance partner Fiat naming only three and the UAW and Canadian government getting one spot each.
And one condition of Fiat boosting its stake in Chrysler from 20% to 35% is that Fiat-Chrysler build a 40-miles-per-gallon car in the United States.
Yes, the U.S. government, as a quid pro quo for surrendering more control of Chrysler to Fiat, is dictating what kind of cars must be built.
A community activist is now in charge of what cars are made. At least this is good news for Toyota —
Have anyone you ever driven a Fiat?
I drove one once in '68 or 69 in Viet Nam I really don't remember much but it was a real tin can.
What kinda cars do ya recon they will build?
Several Colors available... Polar bares will be happy too not too much co2 LOL
This guy write a tad better