.comment-link {margin-left:.6em;}

Bloviating Zeppelin

Thursday, April 30, 2009

Goodbye Chrysler:



April 29 (Bloomberg) -- President Barack Obama plans to announce tomorrow that Chrysler LLC will be placed into Chapter 11 bankruptcy, leading to an alliance with Italian automaker Fiat SpA, people involved in the matter said.

An alliance with Fiat is a literal death-knell for Chrysler or, as I quantify it, the Euro blind leading the American blind.

BZ

12 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home