Chrysler considers producing Fiat cars
US automaker Chrysler, which has partnered with Italian Fiat as part of its bankruptcy plan, is considering producing Fiat 500 subcompact cars at its plant in Mexico, according to reportson Monday.
Fiat, the Italian carmaker, says it is speeding up its planned takeover of Chrysler by paying back government loans to the US and Canada by the end of June and exercising its option to buy an additional 16 per cent stake in the US company for $1.27bn.