Financial Times FT.com

Chrysler match would give Fiat coveted access to US market

By Julie MacIntosh in New York and Bernard Simon in,Toronto

Published: January 20 2009 02:00 | Last updated: January 20 2009 02:00

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.

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