Tuesday, 09 March 2010

Achieve business alliance Chrysler and Fiat

I found this note in Terra.com.mx and seemed quite good news. With this all they have in Mexico FIAT parts may be easier and cheaper. Check the note: MEXICO CITY, June. 10 .- Chrysler Group and Fiat Group LLC today announced they have completed their previously announced global strategic alliance, forming a "new" Chrysler has the resources, technology and global distribution network needed to compete effectively on a global scale. The new Chrysler will begin operations immediately. As part of the alliance, Fiat help Chrysler with world-class technology, platforms and powertrains for midsize and small, allowing the company to offer an extensive product line including environmentally friendly vehicles, which have increased their demand. Chrysler also will benefit from the experience in line of business executives from Fiat and have access to the international network of distributors with a particular focus on Latin America and Russia. "This is a very significant day not only for Chrysler and its dedicated employees, who have persevered through the great uncertainty that was experienced last year, but for the global automotive industry in general," said Sergio Marchionne, who was named today CEO of Chrysler Group LLC. "From the beginning, we were adamant that this alliance should be both constructive and important step in solving the problems that impact our industry. We now look forward to establish a new paradigm for how they must operate profitable auto company focused the future, "he said. Marchionne said that the intention is to build on Chrysler's innovative culture and technology from Fiat and complementary expertise to expand its product line of Chrysler in both North America and other countries. These operations were taken over by Chrysler that the new company and who were suspended during this process, said the manager, will be resumed promptly, and work is underway to develop new environmentally friendly vehicles, efficient and high quality, we try to convert Chrysler's hallmark for the future. "The same attributes that attracted us to this alliance - a global automotive company with world-class technology, a dedicated global workforce, improved efficiency, a strong dealer network and a relentless passion for building great cars that consumers want - more true today, "he said. While not resolve individual problems facing the auto industry today, he said, this alliance established with the full support of the Administration of President Obama is very important as a significant step towards positioning Fiat and Chrysler as leaders of the global automotive next litter.

Mar 9, 2010 1:05:25 AM

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