Fiat Meets Final Condition For Takeover Of Chrysler

Fiat SpA today announced it has accomplished the last of three goals set for it by the U.S. government as a condition of its takeover of Chrysler Group LLC: commencing production of a vehicle with an unadjusted combined fuel economy rating of 40 miles per gallon.

That vehicle is the all-new 2013 Dodge Dart, which will be unveiled at the North American International Auto Show next week. Having "irrevocably committed" to producing the fuel-efficient compact, Fiat's ownership of once-bankrupt Chrysler has now been increased from 53.5 percent to 58.5 percent, in accordance with the 2009 bailout brokered by the Obama administration.



Read Article

chewy - 1/5/2012 9:49:47 PM

+1 Boost

The 9 speed auto? The Dart is also most likely "optimized"for the EPA test while the 500 is not. Even with all of that I think you are right, it should get 40 highway and not 40combined.

chewy - 1/5/2012 9:53:54 PM

+1 Boost

Reading the article it does sound like they are claiming something like 36 city and 45 highway, we'll see soon if that is true.

chewy - 1/6/2012 1:54:17 PM

+1 Boost

Figured it out, unadjusted means CAFE fuel economy which is quite a bit higer than what you see on the window sticker.

LexSucks - 1/5/2012 3:21:04 PM

+2 Boost

And there were retards here that said that Chrysler owned fiat.

mini22 - 1/8/2012 2:43:03 PM

+1 Boost

Blazinboy-Mercedes does not own anything of Chrysler today.When Chrysler reorganized out of Chapter 11 BK it was strictly Fiat, the US government and the UAW.