The key to Chrysler
LLC remaining as one of the Detroit automakers could turn out to be the rest of the world. Reuters reports that Chrysler has been chatting up both Tata
Motors and Fiat
as a means of survival. A deal with Tata might see the evergreen Jeep Wrangler
being proffered in India
by Tata, as well as the possibility of an electric vehicle
partnership. The EV
deal might be centered around an electron-motivated version of Tata's Ace, and those talks are running concurrently with whatever possible Jeep
discussions are underway.
A little further west of Tata, in Italy, Fiat is reportedly considering leasing
some of Chrysler's manufacturing capacity. A deal that puts business in Chrysler plants would certainly help rustle up some cash, while it would be mutually beneficial for Fiat as it contemplates a return to the North American market. Nobody is commenting officially, but we're likely to continue to see creative deals abound as everyone tries to keep their heads above water.
[Source: The Guardian