Joint Press Release - Fiat Group, Chrysler LLC and Cerberus Capital Management L.P. announce plans for a global strategic alliance.

Official anouncement on the official Fiats Group website. Read it here:

http://www.fiatgroupautomobilespress.com/index.php?l=2&group=1&method=news&action=zoom&id=20090120135835c142d2043edd2223a31c0cde3ae246ce

Fiat having merger talks with Chrysler...

TURIN, Italy (Reuters) - Fiat SpA is in talks with Chrysler LLC over a possible stake in the struggling U.S. automaker, a source close to the Italian group said on Monday... read more here:

http://www.reuters.com/article/ousiv/idUSTRE50I3QQ20090119?sp=true