
Well, Foreman called it wrong. I thought Fiat would get control of Vauxhall and Opel, but the giant Canadian car-components-maker Magna won. I was looking at it from an automotive point of view, and the result was skewed by politics.

Well, Foreman called it wrong. I thought Fiat would get control of Vauxhall and Opel, but the giant Canadian car-components-maker Magna won. I was looking at it from an automotive point of view, and the result was skewed by politics.

Here’s an ominous observation we stumbled across on the New York Times website – want to have a stab at what all those map points are for?

Chrysler is bankrupt. To a British ear that sounds pretty stark, but in the US it means something rather different – ‘chapter 11 bankruptcy‘. It will keep operating, but it will be able to fend off its creditors and try to renegotiate its debts.
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