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Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
05-29-2012, 01:41 PM (This post was last modified: 05-29-2012 01:42 PM by car fanatics.)
Post: #1
Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
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Photo credit: Fiat
May 29, 2012
By: CF staff

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"We have no plan to buy a stake in Mazda," Fiat Chairman John Elkann said on the sidelines of the annual shareholder meeting of Exor, the Agnelli family's investment company through which it controls Fiat and Chrysler.

Alliances allow carmakers to share the costs of developing new vehicles and keep pricing competitive as well as helping them gain a foothold in new regions, although they can be fraught with difficulties.

Mazda and Fiat announced last week they would join forces to make new versions of their most famous sports cars, the MX-5 and the Alfa Romeo Spider.

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05-29-2012, 02:35 PM
Post: #2
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
It was a strong hope but understandable.

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05-29-2012, 02:42 PM
Post: #3
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
That sucks.

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05-29-2012, 03:37 PM
Post: #4
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
Next week: Sergio Marchionne announces that Fiat will, in fact, buy 11% of Mazda stock.

"Don't be jealous, be inspired"-CTS-Vluvr
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05-29-2012, 04:59 PM
Post: #5
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
nell_z;208668 Wrote:Next week: Sergio Marchionne announces that Fiat will, in fact, buy 11% of Mazda stock.

that would not shock anyone laugh

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05-29-2012, 05:39 PM
Post: #6
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
No shitrofl

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NOT THE GOAL BUT THE GAME, NOT THE VICTORY BUT THE ACTION, IN THE DEED THE GLORY
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05-29-2012, 05:46 PM
Post: #7
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
Dang. Well by the looks of things it will be an Italian owning both American and Japanese companies. Wouldn't you love to go back to the 40's and 50's and show them this,their minds would be blown.

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05-29-2012, 06:24 PM
Post: #8
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
nell_z;208668 Wrote:Next week: Sergio Marchionne announces that Fiat will, in fact, buy 11% of Mazda stock.

So, if that did happen, Mazda would also be Italian?

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05-29-2012, 06:33 PM
Post: #9
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
wtf Mazda Romeo?

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05-29-2012, 06:35 PM
Post: #10
RE: Fiat will not buy a stake in Mazda, plans to up its stake in Chrysler to over 60%
Nah... Alfazdaroflrofl

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NOT THE GOAL BUT THE GAME, NOT THE VICTORY BUT THE ACTION, IN THE DEED THE GLORY
99 Grand Cherokee-04 Neon SXT
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