Chrysler in serious talks with Fiat

According to a German newspaper, Chrysler LLC is in intense talks with Italian car manufacturer Fiat negotiating a possible cooperation between the auto giants for the production of Alfa Romeo models in Chrysler’s U.S. Factories. The talks are believed to be in the advanced stages. Fiat produces and sells automobiles, trucks, wheel loaders, excavators etc.

According to the German newspaper Handelsblatt, Handelsblatt has learned Chrysler could produce the cars for Fiat subsidiary Alfa Romeo. Industry sources say the talks are moving forward."

According to Reuters, on April 7th 2008, Fiat had announced  its intensions to sell the Alfa Romeo model in the United States.

Fiat has so far declined to comment on the ongoing negotiations with Chrysler LLC.

Behind these talks, Chrysler and Nissan Motors have also announced a production alliance that would provide America, its much needed small car. It would also enable the Japanese car manufacturer (Nissan) to stay in the competition with the American pick-up truck market.

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