This entry was posted on Monday, May 4th, 2009 at 11:36 pm and is filed under Manufacturers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

| Will you buy foreign owned American made cars? |
4 May |
Chances are pretty good that you may already own an American made, foreign owned vehicle if you drive a Toyota. With 13 manufacturing plants across the U.S., Toyota proudly makes use of “Made in America” while still being ultimately owned by its Japanese company.
With the slew of restructuring the Federal Government is requiring before U.S. Automakers receive bailout money, there is one deal that may have caught your attention, but perhaps, not the entire story.
Chrysler Motors has tentatively accepted a partnership plan that would bring Fiat into the American landscape; literally as it helps to manufacture Chrysler cars. The second part of the story which you may not have heard about deals with Fiat’s desire to also join with General Motors Europe.
If such a deal were to take place, not only would Fiat have its core car division working directly with two American auto manufacturers, it would also be closely combined with German Opel and a few smaller European manufacturers.
Fiat’s CEO, Sergio Marchionne has stated publicly his desire to grow the company to the number two auto manufacturer in the world, just behind Toyota. Currently that position is held by Volkswagen, which makes massive numbers of automobiles for the European market place.
If Fiat’s plans solidify, we may very well be purchasing more foreign owned (and maybe) American made vehicles. Are you willing to make these kinds of buying decisions?
Leave a Reply

