Fiat Ready to Buy 35% of Chrysler

If this transpires, it will be just another turning point for Chrysler, which seems to have one crisis after another every decade or so, and yet survives. Continue reading after the jump.

Think of the possibilities. Fiat currently owns Ferrari, Maserati, Lancia, and Alfa Romeo. In Europe, the cars that Fiat and it’s subsidiaries are stylish, economical, and out of reach to the American Public. Fiat sold roughly 2.5 million units last year, mainly in Europe. Chrysler, on the other hand, sold 2 million units, mostly in North America. Chrysler needs help in producing smaller vehicles, and obtaining smaller, fuel efficient engines.

The first image is the Fiat 500. The second is the Fiat Grand Punto, and both are top sellers in Italy. Read more here: WSJ