Featured Articles

UPDATE: Fiat’s Marchionne Won’t “Walk Away” From Chrysler Deal

Posted in auto industry, Chrysler, Detroit, Fiat, Newsworthy by Alex Kierstein | June 9th, 2009 | Leave a Reply |


Fiat’s chief, Sergio Marchionne, said yesterday that he would “never walk away” from the impending Chrysler merger. This comes on yesterday’s news of the Supreme Court issuing a hold on the sale as they considered hearing arguments by several Indiana stakeholders who are challenging the terms of the sale. These Indiana funds have been arguing that there’s no rush, and Marchionne’s words may give them ammo to delay the sale further. We’ll keep you posted if there’s any word on what the Supreme Court will do with this.

[Source: Freep]

Our Best Articles

Leave a Reply

Your email address will not be published. Required fields are marked *