|Fired exec Laura Soave with slow selling Fiat 500|
As part of Obama's plan to fundamentally restructure American society, bankrupt Detroit automaker Chrysler Corporation's remaining equity was confiscated and given to Italy's Fiat SpA. The Italian industrial giant was supposed to teach us to love European-style mini cars.
Fiat/Chrysler/Obama's plan to get the masses to embrace the adorable but tiny Fiat 500 is floundering. Sales are so bad that 29 of Fiat's 130 US dealerships did not sell a single car in October. As a result, Fiat has fired Laura Soave, head if its US team, and laid off production workers in its unionized Michigan engine plant.
If that's depressing, just wait until they take over our healthcare system..... oh, yeah, they already did.