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Regarded as a white knight for Chrysler, Italian automaker is likely to be a shark on the other hand.
Even though the CEO of Fiat SpA is still in talk with partner of Chrysler LLC, the trend would be that Fiat would try efforts in buying parts of the Chrysler shares provided the Auburn Hills-based automaker faced with bankruptcy.
US President Barack Obama said that “do-or-die” alliance with Fiat must be completed by May 1st, but the bankruptcy, if happened, would make the proposal more complicated.
However, Marchionne softened his tune Read the rest of this entry »












