CASE A ? FIAT CHRYSLER (From Alliance to Acquisition)
This case discusses the joint venture between U.S. automaker, Chrysler, and Italian automotive major, Fiat. When Chrysler went bankrupt in 2009, only Fiat answered its call for help with $5 billion. The U.S. government had spent $8 billion to bail out Chrysler. The Fiat-Chrysler alliance consisted of two similar mass-market operations. Both offered each other a set of complementary skills and capabilities. In addition to cash, Chrysler needed attractive small cars that Fiat supplied. Fiat, on its part, needed novel models from Chrysler and made them in Italy. SergioMarchionne, who served as chairman and CEO of both Fiat and Chrysler practiced a more decentralized management style. He also hired third-country (non-US and non-Italian) executives to help reduce the?binational?cultural barriers. By 2011, Chrysler repaid $7.6 billion loans to the US and Canadian governments and bought out the shares both governments held. In 2014, Fiat acquired the remaining shares and owned 100% of Chrysler.
What has been done to avoid the ending of the relationship between the two companies and what lessons might be obtained by other companies that seek to expand globally through the use of joint ventures??? Note:? you may have to do some additional research!
- Give 3 to 5 valid and well-explained?reasons for your response. You may cite sources, but it is not required.
CASE A ? FIAT CHRYSLER
Many firms have entered into mergers in order to gain the market power and share in an
event that would bring the firm?s operated together. Different firms may use...
This question was answered on: Oct 07, 2020
Buy this answer for only: $15
This attachment is locked
We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy (Deadline assured. Flexible pricing. TurnItIn Report provided)
Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
About this QuestionSTATUS
Oct 07, 2020EXPERT
GET INSTANT HELP/h4>
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
- As a reference for in-depth understanding of the subject.
- As a source of ideas / reasoning for your own research (if properly referenced)
- For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
NEW ASSIGNMENT HELP?
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.
WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.