Fiat Partnership Doesn't Guarantee Chrysler Saving From Bankruptcy

This opinion was voiced by several U.S. experts in the auto industry.

The Obama administration believes that Chrysler will be able to overcome the deep economic crisis only through association with Fiat. Chrysler is given 30 days to reach an agreement with the Italians. Only after that the American carmaker can count on funding from the federal treasury loan of $ 6 billion.

Without Fiat Chrysler is doomed to bankruptcy. The sale of the assets with the Italian company still have a chance, said Jean Jennings, editor of a specialized magazine Automobile. "This is a good deal, primarily because it is the only transaction on Chrysler's table", - he stressed.

Analyst Aaron Bregmen from IHS company is confident that in the case of a transaction the weak link in this partnership will be the Chrysler, as the Italian company is not going to assume the debt of Americans. Fiat seeks to help Chrysler get the opportunity to gather and sell their products in the United States. The Americans also have access to Italian technology malolitrazhek assembly. According to Chrysler CEO Bob Nardelli, the value of these technologies reach $ 8-10 billion. If the transaction is not held, the Chrysler will inevitably go bankrupt. Fiat does not lose anything, in fact, it is advantageous to him to allow the Americans to fail, so that it can buy assets in USA cheapers, said a specialist in mergers Sheldon Stone.

In February, Chrysler and GM appealed to the U.S. authorities with a request for the additional assistance of $ 14 billion. In the first two months of this year, the case of these companies were significantly worse than expected in late 2008 and on, when the two carmakers were given a government bailout credit of $ 5 and $ 18 billion, respectively, said Itar-Tass.

Translated from Izvestia.ru