End is near? Fiat deal over?

[Yellow32]

Apparently the end is near, CAAP better do double time!

http://www.autonews.com/article/20090415/ANA02/904159997

Fiat Would Seek to Buy Chrysler Assets in Bankruptcy (Update2) - Bloomberg.com

Plans for a Fiat-Chrysler partnership will be abandoned if the U.S. carmaker’s unions don’t agree to cost reductions, Marchionne told the Toronto-based Globe and Mail newspaper in a story published today.


-J

 

[Black Adder]

Need login

 

[DodgeViper01]

I thought that 30 Days was a short period of time but I honestly do not have any major confidence in this deal. Getting unions to agree with eachother and corporate is always a task; let alone forging an International buyout deal!

 

[slaughterj]

Fiat's CEO is being smart, putting in a little extra pressure on the union to take cuts, else risk losing everything.