Bertone will begin production in late 2011, the two models for Fiat-Chrysler alliance.
The first model will be based on an American with Italian technology platform and the second volume will be a model adaptable to many brands. The announcement was made by Alfredo Altavilla, CEO of Fiat Powertrain in timul a meeting of the Industrial Union of Turin.
Altavilla also stated that the factory in Grugliasco (village near Turin - no) will have an annual capacity of 50,000 units.
Italian official said that aa Fiat-Chrysler to develop an electrical model.
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European Commission (EC) announced Friday that they authorized the acquisition of American automobile manufacturer Chrysler by the Italian company Fiat, arguing that the operation will not significantly influence the manner of the competitive market of the European Union, according to AFP.
At the end of this year will begin the merger of Chrysler and Lancia intgre. Chrysler will suffer major changes in coming years, restructuring and reorganization of the U.S. company owned by Fiat will begin at the end of 2010.
Sergio Marchionne (photo), CEO of Fiat and Chrylser, announced the merger between Chrysler and Lancia will begin at the end of this year.
Sergio Marchionne's words have stirred waves, both in the automotive world and in the press. It looks like the Fiat group, could be to sell the company Alfa Romeo. The statement was given by Sergio Marchionne, the International Auto Show in Detroit.
From next autumn will stop production of the Pininfarina Alfa Romeo Brera and Spider, designed so the board after five years of business careers. It shall inform the same company in Turin.
Fiat has announced that 2010 will be released the new 0.9 liter turbo engine of two cylinders. The new engine will be available initially on the Fiat 500.
The new engine will have the same performance as the four cylinders, but consumption and lower CO2 emissions.
Fiat present at Sao Paulo buggy concept based on the KTM X-Bow.
Further rumors suggest that the Hyundai-Kia has worked with South Korea to develop a battery that provides electrical energy for future models.
National Power Company of South Korea working with Hyundai to develop an electric battery, while Asian producers develop along with subsidiary Kia future electric models.
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