More Good Chrysler News!
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Is that good news? As I see it, a foreign auto company will now own the majority of Chrysler. Yet again, it will become foreign owned.
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It's better than the feds owning it...
Just wish the employees could come up with enough to buy controlling interest.
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Fiat has been looking for a way back into the states for years. I am hopeful they will be more respectful of their asset than Mercedes Benz was who basically used Chrysler for free cash then stripped it down and tossed it like a yard sale item. If Fiat does the same, maybe it'll be time to look at restrictions on foreign ownership of US assets.
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