Financial Times FT.com

Chrysler tie-up would give Fiat access to US

By Julie MacIntosh in New York and Bernard Simon in Toronto

Published: January 19 2009 23:19 | Last updated: January 19 2009 23:19

An alliance between Chrysler and Fiat could solve key problems for both carmakers, giving the cash-strapped US company a chance to boost its manufacturing prowess and handing the Italian group the opportunity to build and sell cars in North America.

The automotive industry is suffering on a global scale, and carmakers are trying to resurrect themselves by finding partners to share the heavy costs of manufacturing, technology and research and development.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this