Prediction #92
In Business, MonkeyMagic contemplates...
Italian job: could Fiat control Chrysler by the summer?
Source: The whole pizza - Wikimedia
I forecast it 59% likely. 35% now, another 16% later?
Italian auto giant Fiat now own 35% of Chrysler. Is this the start of a move to take full control of the ailing US company?
From the NY Times:
Negotiators discussed giving Fiat the option to eventually increase its stake in Chrysler to 55 percent, giving it majority control, a person with knowledge of the talks said Monday. That would return Chrysler to foreign ownership
So does this mean more Italian cars coming to the US? Maserati, Alfa Romeo anyone?
Fiat could bring many of its compact innovations like the Punto, 500 Minicar, etc to the US market which would probably welcome in these times of expensive fuel prices. On the other hand Chrysler's own recent experience with the Daimler merger should also serve as an example of the possible lack of synergies between U.S. and European carmakers.
So, will Fiat go for the whole pizza or be happy with just a big slice?
What do you think? Share your opinion and make a prediction!
This is prediction is closed. No further forecasts are permitted, but why not browse more predictions in Business.
Forecast
history (rollover individual forecasts to see details)
Worldwide forecast activity
14 current forecasts
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thegreatkevste forecast it as 0% likely, 8 months ago
Success rate: 22% | Status: Grasshopper
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martin82 forecast it as 81% likely, 9 months ago
Success rate: 18% | Status: Chump
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Fusedhead forecast it as 100% likely, 9 months ago
Success rate: 25% | Status: Chump
You bet they will own it!
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okamalo forecast it as 60% likely, 9 months ago
Success rate: 25% | Status: Grasshopper
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amild73 forecast it as 0% likely, 10 months ago
Success rate: 0% | Status: Newbie
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simpattyco forecast it as 60% likely, 11 months ago
Success rate: 13% | Status: Grasshopper
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ghathaway3 forecast it as 22% likely, about 1 year ago
Success rate: 20% | Status: Fortune Cookie
They may control later in the year
The US has always been Fiat's Achilles heel. It will be their downfall this time when they acquire Chrysler after it is too late to do anything about the company.
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kayla8 forecast it as 58% likely, about 1 year ago
Success rate: 11% | Status: Wonder Child
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hermox forecast it as 70% likely, about 1 year ago
Success rate: 25% | Status: Rookie With Moves
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matteo forecast it as 35% likely, about 1 year ago
Success rate: 20% | Status: Oracle
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TheFatController forecast it as 50% likely, about 1 year ago
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groupThink forecast it as 58% likely, about 1 year ago
Success rate: 17% | Status: Chump
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FunkyDrummer forecast it as 50% likely, about 1 year ago
Success rate: 9% | Status: Fortune Cookie | My site | My Twitter page | My FriendFeed
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MonkeyMagic forecast it as 59% likely, about 1 year ago
Success rate: 0% | Status: Newbie
35% now, another 16% later?
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