Chrysler in talks to ends replace Mitsubishi and Hyundai in engine building alliance with Fiat

September 30th, 2009 AP Source: Chrysler midsize car plant to stay opDETROIT — Chrysler will try to improve its slow-selling midsize cars and keep making them indefinitely at a Sterling Heights, Mich., assembly plant until it can design a replacement based on Fiat technology, a person briefed on the company's business plan said Monday. The Sterling Heights plant makes the Dodge Avenger and Chrysler Sebring and was scheduled to close by the end of next year.

September 25th, 2009 AP Source: Chrysler board to consider product planDETROIT — A person briefed on the agenda says the new Chrysler Group LLC board will discuss plans for a number of new models, some based on cars sold by Italy's Fiat Group SpA. The person says the board will meet Friday to consider a range of new vehicles including a midsize car based on Fiat underpinnings that are now being developed.

August 21st, 2009 Chrysler models that could be cut by FiatChrysler CEO Sergio Marchionne has ordered a review of the automaker's model lineup with the possibility if eliminating slower-selling models that are sold under more than one of the Chrysler, Dodge and Jeep brands. Some vehicles, especially small and midsize cars, could be replaced by Fiat models built in North America.

August 17th, 2009 Toluca, Mexico plant likely to get Fiat minicarChrysler Group LLC is planning to built the Fiat 500 minicar at a factory in Toluca, Mexico instead of a soon-to-be shuttered plant in the U.S. A comparison of the Toluca plant and the Sterling Heights, Mich., assembly plant, where workers had hoped to get the 500: TOLUCA Year built: 1968 Number of workers: 2,179 Square Footage: 1.57 million Vehicles made: Chrysler PT Cruiser sedan, Dodge Journey crossover STERLING HEIGHTS Year built: 1953 as jet engine plant.

August 17th, 2009 Report: Chrysler to build Fiat 500 in MexicoNEW YORK — Chrysler Group LLC is planning to build the Fiat 500 small car at a plant in Mexico, according to a report published Monday. The automaker could also build an engine for the 500 at a plant in Trenton, Mich., and is weighing building another compact car similar to the 500 in the U.S., according to The Wall Street Journal, which cited anonymous sources familiar with the matter.

July 24th, 2009 Fiat wins EU approval for Chrysler stakeBRUSSELS — Fiat SpA won EU regulatory approval Friday to take a 20-percent stake in struggling U.S. car maker Chrysler.

July 22nd, 2009 Marchionne: Chrysler integration under wayMILAN — Fiat and Chrysler CEO Sergio Marchionne said Wednesday that the Italian automaker has begun transferring small-car and fuel-efficient engine technology to Chrysler, which should show results by the end of next year. Marchionne, speaking in a conference call with Fiat analysts, declined to say when Chrysler would return to profitability or what its profit margins would be, deferring the discussion to a meeting with Chrysler's board next week.

June 12th, 2009 Iacocca to Marchionne: Welcome to ChryslerAUBURN HILLS, Mich. — The man who led the rescue of Chrysler in the 1980s has words of welcome for Fiat chief Sergio Marchionne after the Italian automaker's takeover of the U.S.

June 10th, 2009 Products planned by the new Fiat-led ChryslerNew products from Chrysler in 2010: — Redesigned, lighter and more fuel-efficient Jeep Grand Cherokee sport utility vehicle. — Reworked Chrysler 300C large sedan, which had been a top seller for the company until it was caught and passed by newer vehicles from other automakers.

June 1st, 2009 Obama applauds Chrysler-Fiat dealWASHINGTON — President Barack Obama says a court's decision to approve the sale of Chrysler's assets has given the automaker "a new lease on life." A judge approved the sale of most of Chrysler's assets to Italy's Fiat on Sunday. In a statement, the president said the deal will allow Chrysler to "successfully emerge from bankruptcy as a new, stronger, more competitive company for the future." Chrysler filed for bankruptcy in April.

April 30th, 2009 Chrysler to idle plants until Fiat deal doneNEW YORK — Chrysler says it will temporarily stop most of its vehicle production until its deal with Italy's Fiat is complete. The shutdown is effective Monday and could last up to two months.

April 30th, 2009 WASHINGTON - Talks aimed at saving the ailing US carmaker Chrysler LLC from bankruptcy failed late Wednesday, making the company filing for court protection 'all but certain', the Wall Street Journal said in its online edition. The US government now expects to get the company through its bankruptcy-filing process quickly to pave the way for a takeover by Italian carmaker Fiat SPA, the paper wrote, quoting administration sources.

April 30th, 2009 WASHINGTON - Talks aimed at saving the ailing US carmaker Chrysler LLC from bankruptcy failed late Wednesday, making the company filing for court protection 'all but certain', the Wall Street Journal said in its online edition. The US government now expects to get the company through its bankruptcy-filing process quickly to pave the way for a takeover by Italian carmaker Fiat SPA, the paper wrote, quoting administration sources.

April 27th, 2009 Source: Chapter 11 won't kill Fiat-Chrysler dealMILAN — Fiat still wants to pursue an alliance with Chrysler if the U.S. automaker is forced to file Chapter 11 bankruptcy protection from creditors, a source close to the Turin-based automaker said Monday.

January 19th, 2009 NEW YORK/ROME - Italian carmaker Fiat and US car concern Chrysler have signed an agreement to merge their companies, Chrysler disclosed Tuesday. Chrysler, at its Auburn Hills, Michigan headquarters, said that the agreement is still preliminary and not yet binding.