Four years ago, GM paid Fiat $2 billion for the privilege of not buying it. Two years ago, Fiat became profitable. Now, it wants to buy GM’s European Opel subsidiary, after taking over Chrysler.
Meet Sergio Marchionne, the man who turned Fiat around. Can he do it?
I’d say a qualified “yes.”
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
May 24, 2009
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