Is FIAT Going To Build An Empire By Capitalizing On Everyone Elses Mistakes?

Fresh from his deal for Chrysler, Fiat’s chief executive was in Berlin on Monday to determine whether he might add to his kingdom by acquiring General Motors’ European operations.

Sergio Marchionne, who clinched a deal for a 20 percent stake in Chrysler with creditors and the United States government just before a deadline last Thursday, was meeting with German officials including the economics minister, Karl-Theodor zu Guttenberg, to discuss his vision of a new industry heavyweight.

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DinamoR - 5/4/2009 3:42:15 PM

+3 Boost

damn i'll need to buy some fiat stock. I bought Ford 3 months ago and since then Ford has gone up 400% !

Agent00R - 5/5/2009 3:44:43 AM

+1 Boost

Interesting perspective but this may be a bit ambitious.

Slow and steady wins the race. Gobbling up troubled firms may lead to a black hole, of sorts.

Agent63 - 5/5/2009 12:00:39 PM

+2 Boost

If FIAT is capitalizing on these companies to benefit FIAT themselves then yes it's a worthy investment. I'm not sure if they own Ferrari or Maserati but if that's the case it won't benefit these two super car brands but more or less FIAT themselves.