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[fpb]

Half of Italy is stunned; the other half is cracking jokes or laughing at them. So Fiat, which has been at least four times in living memory close to bankruptcy, is now supposed to rescue Chrysler? A job, mind you, at which the Germans of Daimler failed. Well, well, we shall see what we shall see.

Comments

Re: Why Fiat?

[mentalguy.livejournal.com]

I wouldn't be surprised. Pretty much every other manufacturer has already left Detroit, to the extent that huge sections of the city and its outskirts are literally abandoned. This is due to more than just benefits packages, though.

I don't think it's entirely outside the realm of possibility that the city of Detroit might fail and be essentially wholly abandoned within the next decade.