Is Cold Fusion The answer for America's Car Industry? »
Posted By newsj9901 7 months, 3 weeks ago in NewsFor now Chrysler is idling in bankruptcy court. In a deal with Fiat, Fiat will get 35% of Chrysler in exchange for giving Chrysler access to its technology. This may help to jump-start Chrysler's innovation for the future. GM has until June 1 to put its restructuring plans on the table or go into bankruptcy protection. Ford, who is in much better shape financially, still has lacked vision in car line up for the future. In the midst of this very steep climb, out of a very deep pothole that Detroit finds itself in, is it the right time to talk about a renaissance? Yes.
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