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[Automotive News Breaking News Feed] Fiat CEO to meet U.S. authorities - Automotive News Europe: Chrysler has filed a viability plan with the U.S. government and has requested $5 billion in loans to support its turnaround. The alliance would give Chrysler access to smaller vehicles and foreign markets, while opening the North American market .

[eGMCarTech] Fiat’s CEO Marchionne visits Chrysler’s HQ, meeting called ...: Fiat CEO Sergio Marchionne and his team of executives visited Chrysler LLC headquarters in Auburn Hills, Mich., on Saturday in order to hammer out the proposed details face-to-face. According to a letter from Bob Nardelli the Fiat team met with him, co-president Tom LaSorda, executive vice president of product development Frank Klegon and executive vice president of manufacturing Frank Ewasyshyn.

[Automotive News Breaking News Feed] Marchionne says Chrysler's in charge - Automotive News: Nardelli and LaSorda will lead Chrysler's drive to obtain a $3 billion government loan after getting a $4 billion U.S. loan this month. Marchionne said he doesn't plan to accompany Chrysler management when it presents its viability .

[eGMCarTech] Marchionne says he will not run Chrysler - eGMCarTech: “I have not made yet a specific time commitment to Chrysler, but turning Chrysler around is part of the process of strengthening Fiat Group automotive operations. Thus it is simply part of my job,”

[DoshDosh] Marchionne talking about Chrysler: Sergio Marchionne, revered chief executive of Italian carmaker Fiat, affirmed that struggling Chrysler LLC - Michigan automaker, has some options contributing to the long-term viability something different from entering in the proposed agreement with his firm.

[David Leggett's automotive industry blog - from just-auto.com] ITALY: Fiat CEO details Chrysler plan: Automotive News & Comment: Summary: Fiat plans to finish its scrutiny of Chrysler ahead of the intended alliance ahead of the 17 February US government viability plan deadline but it would be at least two years after a deal was signed before its cars were built in the US, its CEO has said.

[All Cars Review] Marchionne: We can help Chrysler: SHARETHIS.addEntry({ title: "Marchionne: We can help Chrysler", url: "http://www.leftlanenews.com/marchionne-we-can-help-chrysler.html" }); Print This Post Source: www.leftlanenews.com.

[Chrysler Blog] Chrysler Blog - Fiat Group, Chrysler and Cerberus Announce Plans ...: The agreement will offer both companiesopportunities to gain access to most relevant automotive marketswith innovative and environmentally friendly product offering, afield in which Fiat is a recognized world leader while benefittingfrom additional cost synergies. The deal follows a number oftargeted alliances and partnerships signed by the Fiat Group withleading carmakers and automotive suppliers over the last five yearsaimed at supporting the growth and volume aspirations of thepartners involved," the CEO of Fiat Group, Sergio Marchionnesaid.

[Reed Brothers Dodge Weblog] Fiat and Chrysler Deal May be Completed by Mid-February « Reed ...: Fiat and Chrysler first released a joint statement announcing they had signed a non-binding term sheet to establish a global strategic alliance just over two weeks ago but according to Fiat’s CEO the deal could be signed and completed by as early as the middle of this month. The alliance, to be a key element of Chrysler’s viability plan, would provide the American carmaker with access to competitive, fuel-efficient vehicle platforms, new powertrains, and components to be produced at Chrysler manufacturing sites.

[David Leggett's automotive industry blog - from just-auto.com] Chrysler's not quite out of the woods...: Sergio Marchionne's cavalry will have arrived too late if those who sit in judgement on Chrysler's viability plan conclude that it simply cannot continue in its current state with a US light vehicle market that this year could sink as low as 10.5m units.

[become a car dealer blog] chrysler deal may add up to seven new models: he also noted that Chrysler must work harder to cut costs and provide the federal government with a plan to ensure Chrysler’s long-term viability.

[The Auto Monster Cars Blog] Fiat takes 35 per cent stake in Chrysler: Nardelli said the partnership would provide a return for taxpayers on the loan, “securing long-term viability of Chrysler brands,” boosting consumer confidence and “preserving American jobs.” Click Here for the Original Article.

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