Chrysler – Watching The Death Spiral…

So, FIAT agreed to buy a 35% stake of Chrysler with the option of going up to 55% today… WOW! Deja Vu! It was only a few decades ago that AMC did the same thing with Renault with the disastrous results that ended up killing the company.

FIAT builds shitty cars. They have always built shitty cars. If the Italian government didn’t constantly prop them up, they would have been gone 50 years ago! They have entered and left the American market place many times over their history and each time, they had to leave because they build shitty cars. (Just like Renault).

So now Chrysler is allowing itself to be bought up so they can build shitty FIATs in America!?!?! BRILLIANT!

I spit on Bob Eaton for taking Chrysler when they were in good shape and selling them out to Daimler and starting this whole mess! May you burn in hell Bob.

I’m no longer a MOPAR man…

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