Quote:
Originally Posted by 65Elco
When that occurs, the Auburn Hills, Michigan-based automaker would end up owned by the United Auto Workers union, the U.S. government and Fiat. The Canadian and Ontario governments, which are also contributing financing, would have small stakes.
But Fiat, which the Obama administration hopes can jump start Chrysler with its fuel-efficient and lower-emission technology, could end up the majority stakeholder.
|
Can anyone else read between the line? WHEN the government takes overs we can all say bye bye to Muscle cars.