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Re: DaimlerChrysler AG to buy Fiat?
From: "Joe" <lag@domain.elided>
> Emmo wrote:
>
> :Can anyone pour a little gas on that rumor and strike a match? I heard it's
> :a done deal soon to be made public.
>
> How about some water instead. Recent rumors were that DC had been talking to
> Fiat and Peugeot about teaming up in building the next generation small cars
> (A-class and Neon). There was no talk of DC buying either one of these firms
> (perhaps an investment or joint venture). However, an a more recent rumor
> has DC making an offer to buy Honda (which really isn't that large of a car
> company). This would give DC the expertise in small cars as well as more
> exposure in Asian markets, something DC, Fiat and Peugeot all lack.
Either move is also an expensive way for Daimler Chrysler to thin out
the ranks of Formula 1 competitors.
I find it hard to imagine DC being ready to step in the snake pit that
FIAT represents.
chrisp
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