May 26th, 2010 • by David Zatz
Joe in Harrisburg wrote the following: Chrysler Group is 75% owned by North American member shareholders [eventually going to 65%]. This North American dominated membership contracted with Fiat to manage Chrysler Group. Marchionne still has to go to this board for approval; thus, it is not wholly controlled by Fiat. During the BK process, I [...]
April 1st, 2010 • by David Zatz
Today, Toyota announced that it would be joining the Fiat-Chrysler partnership. In a new deal, Toyota will provide all four cylinder engines over 1.4 liters to the triumvirate, along with its hybrid-electric technology. Chrysler will provide V6 and V8 engines, and Fiat will provide car diesels and small four-cylinder engines. Transmissions will come from each [...]