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Mercedes wanted to kill Chrysler and never did. But now we have Fiat wanting to do the very same. A company from another country trying to kill an American icon.
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Hey! I resemble that remark.
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2003 GT 5 speed 162,000 miles |
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George H. McDowell Wichita, Kansas mailto:carnut@carnut.com http://www.carnut.com/ FB https://www.facebook.com/george.c.mcdowell My 2005 PT Cruiser GT Convertible Project ![]() ![]() ![]() ![]() ![]() |
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Just heard this news on the radio on a car talk show:
FCA paints grim picture of Marchionne's health Sergio Marchionne has not been seen in public since a June 26 appearance in Rome. Mike Manley, head of Jeep and Ram, replaces ailing Marchionne as FCA CEO. Fiat Chrysler revealed no specific details about Sergio Marchionne's health Saturday when its board abruptly replaced him as CEO, but comments by the company and its chairman suggest that the 66-year-old has become gravely ill weeks after undergoing shoulder surgery. ![]() http://www.autonews.com/article/2018...t-chrysler-fca Last edited by rckstein; 21 Jul 2018 at 03:52 pm. |
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"Fiat Chrysler is selling its auto parts business for $7 billion
"Fiat Chrysler's new CEO has struck a deal to sell the company's auto parts business for more than $7 billion. The carmaker announced Monday that its Magneti Marelli division is being bought by Japan's Calsonic Kansei for €6.2 billion ($7.2 billion) in a deal that will create one of the world's largest auto parts suppliers. Fiat Chrysler (FCA) CEO Mike Manley, who took over in July following the death of Sergio Marchionne, said the automaker looked at "a range of options" for Magneti Marelli before deciding to sell it to the Japanese company, which is owned by private equity firm KKR." From this source: https://www.cnn.com/2018/10/22/busin...rts/index.html |
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I was just thinking about how the GM cutbacks might afford the other automakers an opportunity!
https://www.foxbusiness.com/technolo...rRBeZRN8f8aiyc
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Frank, aka SOONERCRUISER, 2003 PT Cruiser GT Panel Van Conversion as new day driver. Have now owned 6 PT Cruisers = Me PT Crazy! |
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