I just read that Lancia will cease to exist outside of the Italian market, and that the Italian market Lancia will only consist of the Ypsilon supermini.

I wonder what this will mean for Chrysler in Europe. Not too long ago Lancia became the badge under which the Chrysler 300, 200 convertible and Town and Country were sold in continental Europe (Chrysler in the UK). Will this mean that after the discontinuation of Chevrolet in Europe in 2015 Chrysler will be gone too? And is this something we as Europeans should feel bad about?