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user-inactivated · 2660 days ago · link · · parent · post: Report: A Chinese Automaker Offered to Buy FCA
Ha! I was originally gonna title the post "Report: A Chinese Automaker Offered to Buy a Giant Turd" but I didn't want to editorialize.
Chrysler under Daimler - bought for $36 billion, sold for $7.2. Chrysler under Fiat - up 38% this year alone, Jeep all by itself valued at 14.7 euros a share. I'm one of the first to slag on the Italians but they wiped the floor with the krauts on this one.
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