It was announced this week that Fiat would be acquiring a 35% stake in Chrysler. This will allow Chrysler to use Fiat’s technology to build more fuel-efficient mid sized cars and sell them in North America.
But is this a good move for Chrysler? Let’s not forget that in 2000, General Motors paid $2.4 billion for a 20% stake in Fiat, only to pay an additional $2 billion to get out of the deal…
File that under “Things that make you go hmmmm…”