On Apr 15, 8:11*am, "Eisboch" wrote:
You know they are in trouble when Fiat is getting cold feet about a merger.

On Apr 15, 11:35*am, wrote:
On Apr 15, 8:11*am, "Eisboch" wrote:

You know they are in trouble when Fiat is getting cold feet about a merger.

Another one about to bite the dust.

Eisboch

"Reports have surfaced in London that Italian automaker Fiat is ready
to walk away from the Chrysler deal. The bone of contention is high
labor costs. The Italian firm has given the U.S. auto firm and
Canadian and American labor unions until the end of the month to
"significantly reduce labor costs." This revelation was made in an
interview of Fiat's CEO Sergio Marchionne in the Canadian newspaper
the Globe and Mail. Fiat wants Chrysler to lower the labor costs to
Japanese and German plants levels."

Sounds like Fiat doesn't want to fund the overpaid UAW workers at
Chysler. *They may have to come down to earth to keep their jobs.

Like the over-paid asshole Execs? Like they're going to take a pay
cut. You tell the Food Suppliers, Utility Companies, Gas Companies,
etc. to TAKE A CUT.
We DONT live in Germany, or Japan.
Tell Fiat to stick they're cars in their ass.Stay in Italy. All they
want out of the merger, is access to North American Markets.