Chrysler has not even seen a doctor to cure the disease of poor quality infesting the company.

just a little aside, gas in canada is still $3.20 a gallon, which is better than the +$6.00 a gallon we saw in the summer, but its still high, so we wouldnt mind seeing some of these more fuel efficient cars up here where its -50 degrees outside

And, I think this 35% stock transfer really is just the precursor to an all-out purchase of Chrysler, because a foothold in the U.S. market is EXACTLY what Fiat needs. Alfa Romeo wants to tap into U.S. market, but they’ll need more than a few extra square feet at Ferrari and Maserati dealerships to do it. And once the economy rebounds and OPEC does its typical tinkering, oil prices will spike and everyone will want the little cars that the Continent knows oh so well. Fiat may well find a solid market here to, especially if the set up manufacturing here.

So, Fiat is definitely thinking ahead, and Cerberus probably is too. I’ve never thought Cerberus was in it for the long haul, and when they decide to cut and run, now it’ll be easier. When you’ve already cleaved off a third of your hide, it won’t take much effort to let vultures take the rest.