Fiat Group Chairman
Luca di Montezemolo issued a statement today to comment on
the approval given yesterday by US President Obama for the
proposed alliance between Fiat and Chrysler.
"President Obama’s
comments in relation to Fiat yesterday represent an
important recognition of all the men and women who have
worked hard in recent years to restore the strength and
credibility of our Group in the eyes of the world," said
Montezemolo in the statement issued in Turin today. "I
believe that the choice of Fiat to help in the relaunch of
the U.S. auto industry should be a source of great pride not
only for Italian industry but for the entire nation.
"For Fiat,
recognition that our products, engines and components are at
the leading edge of technology, respectful of the
environment and highly competitive is an enormous
satisfaction," continued Montezemolo. "In most major
international markets, demand today is for cars with these
characteristics, as it will also be in the U.S. market in
future.
"If an agreement is
concluded, as we hope, in the next few weeks, it will
present an extraordinary opportunity. Having access to a
major network such as Chrysler’s, we will be able to enter
the U.S. market with automobiles, which we are sure will be
appreciated for their innovative content, style and advanced
technology. Despite the difficult period it is currently
experiencing, the U.S. market still remains the greatest
opportunity and challenge," the Fiat Group Chairman
concluded.
