"Why Fiat Works-Revised"

This video features comments from Bob Nardelli, Chairman and CEO Chrysler LLC, explaining why the proposed alliance between Chrysler and Fiat is good for the companies as well as the country.

THIS VIDEO HAS BEEN REVISED SINCE ORIGINALLY POSTED. PLEASE SEE CHRYSLER LLC STATEMENT BELOW:As a potential result of the ongoing discussions taking place related to the Fiat alliance, Fiat would become an equity holder with the same rights and responsibilities as all other equity holders in a newly restructured company. To clarify, this does not mean Fiat would assume responsibility for any of Chrysler LLC's debt.