Chrysler was saved earlier this year by both the US government and Fiat, a European car maker.  Fiat has recently released the Fiat 500 in Europe to rave reviews and wants to get this car in the US (branded as a Fiat).  It’s not much bigger than a smart car, but people say it is [...]

Chrysler’s ENVI electric vehicle program has spawned several possible vehicles that may one day reach showrooms.  However, the automaker has gone silent in regard to any upcoming EV projects leading speculators to believe that the program may be dead in the water. All is about to change though as Chrysler board member Alfredo Altavilla let [...]

Fiat, the maker of the Cinquecento car, will pay no cash for its stake or commit any funding in the future. Chrysler’s majority owner, private-equity group Cerberus Capital Management, will see its 80% stake in the group diluted. Chrysler Chairman and CEO Bob Nardelli called the deal a “great fit” and said it will give [...]