This is baffling to me, and I don’t know anything about the car industry. Take a weak car company in Europe and combine it with a really weak car company in the United States. What do you get? Success, according to the Obama Administration. I think not. Neither does the Telegraph, U.K. Neither does this guy from Slate magazine.
From the Telegraph:
“I think it’s madness,” says independent automotive analyst Rob Golding.
“Fiat is easily the weakest of all the major automotive companies. It does not even generate enough revenue to fund its own investment.”