 Fiat 500 (Source: AutoBlog)
 Fiat Panda (Source: AutoBlog)
 Fiat Grande Punto (Source: AutoBlog)
 Alfa Romeo MiTo (Source: AutoBlog)
New partnership with Chrysler will speed up Fiat's invasion of American streets
Amid tough financial times, Chrysler has turned to European automaker Fiat for a boost. Fiat is alternatively known for both its fuel-efficient compact cars and for its sports legacy, with Ferrari, Maserati, and Alfa Romeo being among its subsidiaries. In exchange for its help, Chrysler is giving away a 35 percent ownership stake to Fiat.
This is good news for the American consumer, as it means some great new vehicles will soon be coming to the States. Fiat leaked news to several outlets that it plans to bring seven models initially to the U.S. Four will be rebranded as Chrysler entries, while the other three will be sold as Fiat's or Alfa Romeos, likely through Chrysler dealerships and distribution networks.
Leading the way is the Fiat 500, a fuel-sipping compact car with cool looks. Next up is another A segment model based on the Fiat Panda, a 5-door hatchback compact which gets terrific fuel economy. This model will likely be branded as a Chrysler or Dodge. No word on if the sporty Abarth variant will be coming, but it seems likely.
The Fiat 500 will be produced primarily at Chrysler's Toluca, Mexico plant, which currently makes the Dodge Journey and the soon-to-be-gone PT Cruiser. Other Chrysler plants are also expected to be used by Fiat.
In the B segment, the Fiat Grande Punto and the Alfa Romeo MiTo will be coming. Both small vehicles should bring sporty performance to the table. Chrysler may also gain access to Fiat's 1.4- and 1.8-liter four-cylinder direct-injection engines. Sources indicate that Chrysler is interested chiefly in the 1.4-liter variant, which it could possibly produce at its Dundee, Michigan plant as a turbocharged model.
Chrysler may also be getting additional mid-size models from Fiat as replacements for the Caliber/Compass and Sebring/Avenger. These models may be built on Fiat's C-Evo platform which will be first utilized in the Alfa Romeo 147 replacement, currently codenamed project 940. This replacement may be brought directly to the states.
Some perks are coming Chrysler's way in addition to the possibly improved brand image. Chrysler's V6 Phoenix engine will be licensed for use in upcoming Fiat models. And Fiat will distribute Chrysler trucks in South America, where it has a stronger presence.
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