So far, unlike Fiat, it has not been held back by such rigidities.
Fiat boasts that it has not lost an hour to strikes in 14 years.
With a fiat dollar, it is impossible for A and B to know exactly what, in terms of real value, will be repaid.
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Unlike a fiat currency where it can be produced out of thin air, gold takes 1 ton of rock for each ounce and is becoming harder to find.
Hugely ambitious, he modelled the firm on two Italian giants: Fiat, because it was a family firm that had grown huge from a strong domestic base, and Olivetti, for its technological innovation.
Sceptics believe that Chrysler has lost most of its product-development talent and question whether a small-car specialist like Fiat can give it the kind of vehicles it needs to win back market share in America, which accounts for 80% of its sales.
The longer the term of a transaction, the greater the risk associated with doing it with fiat dollars.
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Mr Marchionne wants to align it with Fiat's other premium brands, such as Alfa Romeo, Ferrari and Maserati.
The resulting reading for h will be fixed by fiat and, with it, the Planck-related definition of the kilogram.
Secondly, its role as an alternative to fiat currencies will keep it underpinned, particularly if there is any bearish news on that front.
GM, with its partner Fiat (in which it owns a one-fifth stake), was originally favourite to snap up Daewoo, though its bid is understood to have been much lower than Ford's.
Without it, Fiat would be in dire straits.
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Chrysler was close to liquidation in 2009 when the U.S. government guided it through bankruptcy and turned it over to Fiat.
While Chrysler sold 43, 000 tiny Fiat 500s in 2012, it sold over 470, 000 Jeeps, vaulting the iconic brand to No. 1 in the SUV market.
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Investors piled into Fiat shares in the belief it would be easier for the group to sell its loss-making car manufacturer once the founder's grandson was no longer at the helm.
So if the best rationale for fiat currency is the flexibility it affords government in times of peril, then their prescription should be that we should only unhinge the dollar from gold in rough waters.
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Plus, to his credit, he seems to understand that the battle with the bottle is not something that can be decreed by autocratic fiat, but rather that it is going to have to be a long, drawn-out (boring) campaign if it is ever to be effective.
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Chrysler has entered bankruptcy, from which it may emerge under Fiat's control (see article).
Fiat needs to make sure that it does not repeat the mistakes that were made in DaimlerChrysler's so-called merger of equals, though.
It led eventually to Fiat, where his first job was sorting out the sale of a machine-tool subsidiary in the early 1960s.
Balrik Singh Dhesi was driving the car towards Kettering when it collided with the Fiat Punto, which was travelling in the opposite direction.
Imagine that I take a picture of a new Fiat 500 through Instagram and posted it to my Facebook timeline along with my text.
So, you know, the American public, I think, doesn't understand that Toyota, Honda, Ford are the domestic ones, and it appears as though Fiat, Chrysler and - which is now Chrysler...
Fiat has warned in the past it may have to shut one its five Italian plants and that sales in its home country - one of the worst affected by the eurozone's economic crisis - were down to levels seen 40 years ago.
If Fiat fails to honour this debt, it is unlikely to get any more money from its exasperated lenders or any others.
It was the willingness of Fiat CEO Sergio Marchionne to accept the carcass of Chrysler that actually pulled the company up off the mat.
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The diesel engines it gets from Isuzu and Fiat, for example, have quickly strengthened GM's position in heavy-duty pickups in the U.S. and passenger cars in Europe.
Starting in 2012, Chrysler will begin to introduce new models based on platforms developed by its Italian partner, Fiat SPA, which controls Chrysler since it emerged from bankruptcy in June 2009.
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