"This alliance will enable Chrysler to move forward with significant advantages," says Chrysler CEO Bob Nardelli, "including access to fuel-efficient small and compact vehicles, as well as platforms, powertrain technologies and components"

Chrysler LLC announces that as a result of the comprehensive restructuring plan agreed to by many of its stakeholders, it has reached an agreement in principle to establish a global strategic alliance with Fiat SpA

Chrysler will be reborn this afternoon and begin a new era in alliance with Fiat, sources close to the Obama Administration have confirmed, the only sticking point will be whether the restructuring happens inside or outside a bankruptcy

Today is deadline day for Fiat and Chrysler to be in a position to convince the U.S. Treasury Department that they can form a viable alliance and with the option of Chapter 11 looming large as a number of key issues are still to be resolved

Fiat's Termini Imerese plant on Sicily has been reprieved from the threat of closure after the European Union (EU) granted the Italian carmaker 46 million euros of regional aid to invest in the development of the next generation Lancia Ypsilon

The race to take a stake in GM's European Vauxhall/Opel division appears to be turning into a two horse race at present between two very different bids being submitted by Fiat and Canadian components supplier Magna International

With the clock rapidly ticking down to Thursday's deadline for Fiat and Chrysler to forge a deal all parties are working round the clock to and Fiat has said it is still anxious to go ahead even if Chrysler is pushed into Chapter 11 bankruptcy

Fiat CEO Sergio Marchionne has blasted straight back at the comments made this morning by European Commissioner Guenter Verheugen who in a TV interview derided the idea that Fiat could successfully invest in GM's Opel division

German media reports this morning citing sources closely involved in the negotiations claim that Fiat is set to take a majority stake in General Motors' European businesses with a letter of intent to be signed next Tuesday

Fiat Group Q1: Despite difficult market conditions so far this year and with revenues down 25 percent year-on-year to 11.3 billion euros a break even trading performance has been achieved along with strong liquidity at 5.1 billion euros

All parties have moved swiftly to deny comments from an Italian labour union representative reported by ANSA that a deal between Chrysler and Fiat is almost done. Bruno Vitali's comments provoked a swift rebuttal from Fiat and the UAW

A new proposal submitted by Chrysler LLC's secured first-lien lenders to reduce their debt by 35 percent in exchange for up to 40 percent equity in the struggling carmaker has draw sharp criticism from the Obama Administration

Tough negotiations between Fiat and Chrysler and the latter's unions in the United States and Canada remain deadlocked as the deadline set down by the Obama administration to reach an alliance enters the final ten days

Fiat could form a new alliance with General Motors in the European and South American markets that would be in addition to its proposed relationship with Chrysler according to media reports that cite well placed sources

Fiat Group turned in a stunning sales performance across Europe during March as while the total market fell by 9 pct and all its big rivals lost ground, it gained 14.3 percent year-on-year and all its key brands showed positive performances

Fiat CEO Sergio Marchionne has talked tough this week with Chrysler's unions, telling them that Fiat will walk away from the deal unless they lower their wage costs to reflect those in North America by Japanese and German carmakers

Fiat will begin investing in new machinery for the Zastava car factory this year as part of initial preparations for the manufacturing of a new model in keeping with the strategic agreement said Serbian Economy Minister Mladjan Dinkic

Fiat CEO Sergio Marchionne is poised to become the CEO of Chrysler LLC when a revised board is installed and the positions of Chaiman and CEO are split following the completion of the alliance with Fiat according to informed sources

The consortium of banks that hold almost US$7 billion of secured debt on Chrysler are holding out against US Treasury Department proposals that would see them walk away with just US$1 billion if the planned alliance with Fiat goes ahead

Following the serious earthquake which has devastated Abruzzo, the Fiat Group and its divisions have responded immediately to provide technical, financial and humanitarian assistance to the population struck by the tragedy

Fiat hit the TV news across Europe at the end of last week as three executives were briefly held hostage at a Fiat, Alfa Romeo and Lancia dealership near Brussels by angry staff that were at the time trying to renegotiate job cuts

As Fiat CEO Sergio Marchionne flies to Detroit for more talks, Chrysler Vice-President Jim Press has said that the carmaker may struggle to wrap up the deal with Fiat within the 30-day time allocated by the Obama Administration

Chrysler LLC Vice-President Jim Press surprised the media during the opening of the New York Auto Show yesterday by driving onto the stand to kick off the Chrysler press conference at the wheel of a bright blue Fiat 500

Chrysler has announced the launch of a supplier support programme; however the endorsement of key creditor banks offers a first hint that they might be favouring supporting its alliance with Fiat over the option of bankruptcy

Fiat's potential partner Chrysler LLC is pushing forward with plans to introduce electric vehicles and has signed agreement with A123Systems to supply Lithium ion battery cells and jointly developed battery modules and battery packs

As Chrysler and Fiat race to put their alliance in place there has been some slight light at the end of the tunnel in Chrysler's collapsing car sales as last month they breached the 100,000 unit mark for the first time in six months