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Soup · 20 Jan 2009, 10:05 am

Auto Loan Daily - Rumors are True - Chrysler and Fiat Form Strategic Alliance

Quote:

Rumors are True - Chrysler and Fiat Form Strategic Alliance
By Liz Opsitnik
Tuesday, 20 January 2009 05:27

Chrysler and Fiat announced Tuesday that they have signed a non-binding term sheet to establish a global strategic alliance that would give Fiat an initial 35 percent stake in Chrysler.

What does this mean? Basically, Fiat and Chrysler have signed an agreement to share technologies and vehicle platforms. Either company can get out of the agreement, but they’d have to pay any penalties involved. Also, no other companies can join into an agreement with Chrysler or Fiat right now.
Both automakers released a combined statement saying that Fiat would not invest any cash in Chrysler but would provide access to its successful small-car platforms, as well as to its more environmentally friendly and fuel-efficient engines.
More.

Nortad · 21 Jan 2009, 01:46 am

introducing the 2010 chrysler 500 srt

Soup · 22 Jan 2009, 01:09 pm

If they put the SRT-4 engine in it, it would be sweet.

Nortad · 23 Jan 2009, 03:12 am

thats a 1.4l turbo than puts out 200hp. i think it would beat the srt4 on a mountain road

Soup · 23 Jan 2009, 10:30 am

That's not bad, what sort of times does it run?

Nortad · 24 Jan 2009, 02:18 am

no idea

hull · 26 Jan 2009, 11:46 am

merging chrysler and fiat is like mixing a rat with a possum

21 Jan 2009, 01:46 am	#2 (permalink)
Nortad Veteran Tremekian Join Date: Aug 2004 Location: right over there... Posts: 4,645 Nortad's Gallery	Re: Rumors are True - Chrysler and Fiat Form Strategic Alliance introducing the 2010 chrysler 500 srt

22 Jan 2009, 01:09 pm	#3 (permalink)
Soup Veteran Tremekian Join Date: May 2005 Posts: 4,190 Soup's Gallery	Re: Rumors are True - Chrysler and Fiat Form Strategic Alliance If they put the SRT-4 engine in it, it would be sweet.

23 Jan 2009, 03:12 am	#4 (permalink)
Nortad Veteran Tremekian Join Date: Aug 2004 Location: right over there... Posts: 4,645 Nortad's Gallery	Re: Rumors are True - Chrysler and Fiat Form Strategic Alliance thats a 1.4l turbo than puts out 200hp. i think it would beat the srt4 on a mountain road

23 Jan 2009, 10:30 am	#5 (permalink)
Soup Veteran Tremekian Join Date: May 2005 Posts: 4,190 Soup's Gallery	Re: Rumors are True - Chrysler and Fiat Form Strategic Alliance That's not bad, what sort of times does it run?

24 Jan 2009, 02:18 am	#6 (permalink)
Nortad Veteran Tremekian Join Date: Aug 2004 Location: right over there... Posts: 4,645 Nortad's Gallery	Re: Rumors are True - Chrysler and Fiat Form Strategic Alliance no idea

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