Fiat, Chrysler mulling an alliance with Peugeot January 10, 2012 - 16:27 AMT PanARMENIAN.Net - Italian auto giant Fiat and its U.S. partner Chrysler are mulling an alliance with France's PSA Peugeot-Citroen, the Corriere della Sera daily reported on Tuesday, Jan 10, citing informed sources. According to AFP, the report came after Fiat-Chrysler boss Sergio Marchionne on Monday said he would be interested "in principle" in merging with another firm in the future. The newspaper said that Fiat's strategy "leads to Paris: the French from PSA Peugeot-Citroen are ready to negotiate an alliance." AFP says, when contacted, Fiat and PSA declined to comment on the report. The possibility of a tie-up between Fiat and PSA was raised in the Italian press in 2009 after the alliance between Fiat and Chrysler was announced. Fiat then tried and failed to take control of Germany's Opel, owned by General Motors. Fiat and Chrysler, whose full merger is expected by 2015, aim to become an auto giant with joint production of six million vehicles a year by 2014.   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Concept to complete Yerevan Cascade discussed at city hall  A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte.Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province.€3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms.Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |
