Fiat is talking with Chrysler LLC about giving it access to its technology in exchange for a stake in the US car maker, a source close to the Italian group said on Monday. "Between the two groups there is talk about Chrysler possibly using Fiat technology in exchange for a stake," the source told Reuters, confirming a report by industry publication Automotive News Europe. The source spoke on condition of anonymity.
Citing people familiar with the matter, Automotive News said in a report posted on its website earlier in the day that Fiat could give Chrysler access to platforms, engines and transmissions.
The source told Reuters a deal with Fiat would help Chrysler make vehicles that produce fewer harmful emissions.
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