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Sweet timing for the joint FIAT-Chrysler announcement of a global strategic alliance, released on a historic Inauguration Day!

Initial details of the non-binding agreement are available from the WSJ and La Stampa, among others.

A toast to a bright - clean, fuel-efficient - automotive future, and productive US-Italian cooperation.

Tags: 500, alliance, auto, chrysler, fiat, marchionne, torino, toyota

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In the words of Mr. Marchionne: “We need to bring people round the table and say, ‘Look guys, the party is over. Someone called our bluff and we’re not all going to make it, so let’s fix it.’”

http://www.economist.com/PrinterFriendly.cfm?story_id=12926505

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so from now will be two companies that will ask for money to Italian Goverment no one anymore! it's good no?

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..."who the heck is FIAT?" ( by U.S. News Rankings & Reviews)
Loved it...

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" you may soon see 500s and Pandas hiding among the 300s and Rams at Chrysler dealerships."

Hilarious...

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With the right price point and a solid marketing investment the 500 could really grab a good share of the tiny-cutsy segment. Mini's are now in the 25k to 30k range and Smart is at 18k-20k. Price the 500 under 15k and you get a winner.

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Absolutely! And even slightly higher ... given it has way more style than most small cars, with the most compelling benefit, which is its emission-friendly fuel system.

More interesting news on Marchionne's "sfida globale" in Corriere della Sera.

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Colpo di scena! The US Supreme Court seems to have put the FIAT Chrysler deal "in panne"
http://www.lastampa.it/redazione/cmsSezioni/economia/200906articoli...

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Maybe it was just a short break to clean the spark plugs ... the business engine won't be idle for long http://www.businessweek.com/autos/autobeat/archives/2009/06/suprerm...

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First positive month since the beginning of the year, for the Italian auto sector. Good performance of FIAT - more from La Stampa.

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