Man I would love to drive one of these little cars. I have a feeling Fiat will be well received in the US. I just hope they wont break down


Chrysler and Italian automaker Fiat on Wednesday officially signed a strategic alliance brokered by the U.S. government, one day after the Supreme Court cleared the path for the deal.

Fiat will initially take a 20% stake in the company; its share can go up to 35% if it reaches certain fuel-efficiency goals.



"This is a very significant day ... for the global automotive industry as a whole," said Sergio Marchionne, Fiat's chief executive who was named the CEO of Chrysler on Wednesday. "From the very beginning, we have been adamant that this alliance must be a constructive and important step towards solving the problems impacting our industry."