The global alliance that have been the topic of much discussion lately has already been officially signed last week by Fiat Group, Chrysler and its parent company Cerberus Capital Management. This alliance, which is an important element to the viability plan of Chrysler, would enable Chrysler to access Fiat’s competitive, fuel-economical vehicle platforms, the latest powertrains, and parts to be manufactured at Chrysler’s facilities. On the other hand, Fiat will be providing Chrysler its distribution capabilities in important growth markets, including considerable cost-cutting opportunities and management expertise besides the aforementioned acces to its technology and parts.
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