AM Online

Fiat and Chrysler confirm partnership

Speculation over Fiat and Chrysler teaming up has ended after the carmakers confirmed they will be working together.

Both have entered into a "mutually beneficial" partnership to roll our over the next five years, reports the Mopar Muscle website.

For Chrysler, Fiat brings the experience of fuel efficient cars and will supply the US maker with compacts, sub-compacts and city vehicles, while benefiting from a pre-establised dealer network as the trade-off.

The deal comes with no cash investments from either party, but does tap into the established networks each currently own.



If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Comment as guest


Login  /  Register

Comments

No comments have been made yet.