[alfa] Re: Fiat is in Deep Trouble....

[C2slayman@xxxxxxx]

I noticed an interesting line in the article: "That could pave the way for an 
Italian state-owned holding company to participate in a capital increase in 
2005."

Well, well, well, well, well...... Sounds like the chickens have come home to 
roost!  ;-)  Been there, done that!

It does warm my heart to see a former BMW exec take over the reigns at Alfa.  
In my mind, both companies are kindred spirits - one Teutonic, the other 
Romance.  I got a chuckle out of Jeremy Walton's book on the 3-series bimmers.  In 
one chapter, he mentioned that the BMW engineers "lusted" (well, maybe 
"admired" is a better word to use in the Teutonic jargon) after Alfa's DOHC design.

Karl-Heinz Kalbfell probably knows what it takes to sell cars to Americans 
(being one, I'm not sure that's a compliment or not.... kind of a Groucho Marx 
philosophy!  Apologies to our non-Yankee digesti.)  When we were in Italy this 
summer with our niece and nephew, I noted how many new Alfas were on the road 
and how relatively few new Fiats I saw.  I took this to mean that Alfa was a 
healthy and growing concern.  Good news indeed!

Maybe things are looking up after all.

Charlie

PS  By the way.... What happened to the former head of Ferrari?  I thought he 
took over Fiat Auto.  Or was it Fiat Group that he now heads up?

In a message dated 12/7/2004 4:53:18 PM Pacific Standard Time, 
owner-alfa-digest@domain.elided writes:
Date: Tue, 7 Dec 2004 01:24:49 -0800 (PST)
From: Jerry in Houston <glewis4457@domain.elided>
Subject: [alfa] Fiat is in Deep Trouble....

and a new head at Alfa Romeo...

http://www.businessweek.com/magazine/content/04_50/b3912079_mz054.htm
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