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Chrysler, Fiat Mulling Over Partnership

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Chrysler, Fiat Mulling Over Partnership

Business

Chrysler, Fiat Mulling Over Partnership

Chrysler, Fiat Mulling Over Partnership

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Chrysler reportedly is in talks with Italian carmaker Fiat about a possible alliance. Neither company has announced details. Industry publications report Fiat could take a stake in Chrysler. A deal might involve Fiat retooling Chrysler factories and helping Chrysler produce more fuel efficient vehicles. Fiat would also sell cars in the U.S. through Chrysler.

RENEE MONTAGNE, host:

NPR's business news starts with Chrysler's Italian option.

(Soundbite of music)

MONTAGNE: Chrysler is still struggling to find a path to survival. One road may lead to Italy. Chrysler is in talks with Italian carmaker Fiat about a possible alliance. Neither company has announced details, but industry publications and news reports say that Fiat could take a stake in Chrysler. The deal could involve Fiat's retooling Chrysler factories and helping Chrysler produce more fuel-efficient vehicles. Fiat could also sell cars in the U.S. through Chrysler.

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