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never knew Fiat owns 20% of Chrysler. And the potential of owning more for each milestone leaves me wondering if Fiat will end up owning Chrysler.


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"""Fiat currently owns 20 percent of Chrysler and can raise its stake to 35 percent once it satisfies three criteria: builds a plant in the U.S. to assemble fuel efficient engines; builds a 40 mpg car in the U.S. and expands Chrysler's international reach. For each milestone achieved, Fiat gets another five percent of Chrysler. The first hurdle looks like it will be cleared next year, with Fiat committing to building the 500's 1.4-liter, 92-horsepower engine in Dundee, Michigan at what was once the Global Engine Manufacturing Alliance plant.

According to Automotive News, Fiat is putting $179 million into the location. Yet while the powerplants will be built in Michigan, they'll be shipped immediately to Mexico to be placed in the waiting engine bays of the cutest car in the world. That's because 500 production will happen at Fiat's Toluca, Mexico factory. Half of those finished cars will come to America, half will go to Brazil, with sales predicted to begin at the end of next year.

As for what to make of the alliance so far, and recent news like Chrysler's speak-no-evil plans for Detroit Auto Show, Fiat CEO Marchionne said that it is going to take two years "to show some real results. We'll try and do it faster," he said, "but by the end of 2011 and in early 2012, you should be able to tell how our plan is working."""
 

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Technically, Mexico is part of North America. Texas and California used to be overrun with Mexicans (even more so than today), but they got really viscious in their opposition to the Manifest Destiny of the U.S., so these land areas had to be removed from them.

The other point, Chrysler is not really owned by one identifiable entity anymore, since their bankruptcy sale and other problems. No telling where it will end up.

This does not worry me, because there will always be plenty of parts available for my 500, due to its already established popularity. Ownership by Fiat would be a good thing in my opinion, I bought stock in them early this year, and it's already up 44 %.
 

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Technically, Mexico is part of North America. Texas and California used to be overrun with Mexicans (even more so than today), but they got really viscious in their opposition to the Manifest Destiny of the U.S., so these land areas had to be removed from them.
WTF? Is there a moderator in the room?
 

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Andy,

I do not know if I am above the fray, nor am I concerned about the automotive straight and narrow; please, deviate at your leisure. We all do.

It is this phrase that stands out:
Texas and California used to be overrun with Mexicans (even more so than today), but they got really viscious in their opposition to the Manifest Destiny of the U.S., so these land areas had to be removed from them.
Does this idea not seem absurd to you? Sentence structure notwithstanding, you can't be serious.

Texas and California weren't 'overrun with Mexican's'; there were, and are, Mexicans there because Texas and California were part of Mexico. 'They' were here first, long before the United States pushed west. Regarding my taking offence, I am not Hispanic, and I no longer live in California, so I'm not offended personally. However, I suspect I am not the only person who would react to your comment.

The concept that god has ordained the territorial expansion of the US is absurd in every way. The countries on both of your borders take offence to that laughable idea.
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Andy, I really do appreciate your enthusiasm for the new 500, and I envy you for having ordered one. And I hope you love it and have a great experience with it. The Elantra
Touring and Chevy Cruze (another thread) are not the same type of car.


To deviate:

The location of the Fiat assembly plant is an interesting issue. The Euro 500 is assembled in Poland, as far as I know, to keep the price down. Unless Americans are prepared to pay more for cars, new production will go to countries where environmental laws are lax and labour is cheap. I have a 1999.5 Jetta (mk 4) assembled in Mexico, and it has been a wonderful car; I have no concerns about the quality of Mexican assembled cars. Strange that I can buy a new golf for the same price, or a new Jetta for much less, now, 11 years later.
 

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Ubrianissimo,

Thanks for accepting my apology. You can check out the wikipedia article on the Mexican-American war. Mexico lost 900,000 SQUARE MILES of land after that war. It do take a little twisting of the sentence construction to make that humorous, is all I'm saying.
 
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