Fiat Models Outlined in Chrysler Restructuring Plan

Fiat Models in Chrysler Restructuring Plan

By Zack Newmark
February 18, 2009 7:51 PM
Filed Under: American, Chrysler, Corporate/Financial, European, Fiat

Chrysler has placed extraordinary reliance on its partnership with Fiat to bring itself back to profitability. The company plans to use as many as nine models from Fiat's lineup, up from the previouly reported seven. Details of Chrysler's stateside introduction of the Italian company's brands were introduced in their viability plan.

The viability plan, a detailed outline of Chrysler's reorganization, was a required element of the bailout loan agreement between the company and the U.S. government. Chrysler LLC already received $4 billion in federal loans, and they have requested an additional $5 billion.

Chrysler desperately needs compact vehicles, and gas sippers in their lineup. To accomplish this. they plan to bring the Fiat 500, Fiat Punto, and Alfa Romeo MiTo across the Atlantic. Other all-new vehicles getting interest include the Alfa Romeo Milano and Alfa Romeo Giulia as possible replacements for the 147 and 159 models. Additionally, the company will source an Alfa crossover, possibly based on the Kamal concept. A production unit of the Kamal is due in 2010.

Chrysler also plans to bring out a compact five-passenger hatchback, mid- to full-size model based on Fiat's lengthy C-Evo platform, and a model based on the large D-Evo platform.

Also being sourced from Fiat is the FIRE petrol engine line, including a 1.1-liter naturally aspirated unit and a 1.4-liter turbocharged engine. The Italian company's FAMB petrol, a 1.8-liter direct-injection turbocharged model. A similar unit is planned for the new Alfa Romeo 159, which will get about 200 hp. A better-tuned unit may provide up to 240 hp to the MiTo GTA.

Fiat is rumored to get around 25% of Chrysler LLC, and access to the Chrysler World Gas Engine and Phoenix V6 petrol engine. While these plans look like they could help, Chrysler still has not sealed the deal with Fiat. Fiat may be waiting to see if Chrysler gets the additional government funding before agreeing to the plan.

Source: Chrysler

Comments

sub39h
February 18, 2009 8:24 PM
i can't believe chrysler is actually contemplating giving a V6 to Alfa, arguably one of the best V6 makers of all time

Targa_Florio
February 23, 2009 10:52 AM
You forgot Alfa has been using GM V6 (which was Alfish only by the exhaust sound) for at least 5 years.

The last Alfa V6 in production was the 3.2 from the 147/156 GTA (250hp) and from the GT V6 (240hp).

Maybe (I hope) they'll only use the basic block, and develop their own parts for all the rest.

trinity
February 18, 2009 9:55 PM
That deal seems a little bit one sided, with chrysler getting all the good stuff. How do they manage to exploit other companies like that (remember daimler and the e class)

joelynn
February 18, 2009 10:55 PM
what does FIAT really get from this?

Renegade
February 19, 2009 12:35 AM
Access to Chrysler's dealers and 25% of Chrysler.

BabyMilo
February 18, 2009 10:56 PM
Just abit unfair there it is abit more give me everything and we will give you something that you dont need...

arnold812
February 18, 2009 11:06 PM
Actually, Daimler got the best of Chrysler in that so called merger. FYI Daimler charged Chrysler for its use of the E-Class in the Chrysler LX model. Daimler actually charged per unit and kept the profit on their side of the books. I dare say they probably sold more chasis and transmission to Chrysler then Mercedes did in the entire run of that E-Class model. Don't be fooled Daimler got the better of that deal.

As for Fiat don't forget they will get access to sell Fiats in North America. And most likely they will recieve money for each Fiat under Chrysler.


Edited by user on February 18, 2009 at 11:28 PM
Renegade
February 19, 2009 2:49 AM
That kinda sucks, Chrysler will never make some good profits this way.


Edited by user on February 19, 2009 at 2:50 AM
lematt
February 19, 2009 9:59 AM
That's crap

The picture of the Alfa Mito shows an alfa 159 Sportwagon

Aticus
February 25, 2009 11:44 PM
Think positive. This could be good for both.

As a Chrysler dealer, I want everybody to benefit.

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