Fiat Group, Italy and Chrysler LLC are forming a strategic partnership that includes Fiat taking 35 per cent stake in Chrysler. The partnership gives Chrysler Fiat's technical expertise on low emission front-wheel drive cars. This will help Chrysler to jump start work on its own small car by using Fiat's technical platforms as its base, which will save time and money. In return, Fiat will sell its cars through Chrysler's existing dealer network in America.
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