The Brazilian government stated it will gradually roll back tax breaks on cars 2014, amid worries from producers that higher duties could hit sales in the South American country.
The 2015 Ram ProMaster City, which will be available for order in late 2014, will compete with the Ford Transit Connect and the Nissan NV200.
Chrysler's Fiat 500 joined the U.S. market last year. For 2013, the Italian carmaker made some refinements and added a 135-horsepower turbo to split the difference between the base engine and the Abarth performance models.
Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., Ltd. (GAC Group) have signed a framework agreement to expand their cooperation on passenger car manufacturing and sales in China.
In addition to the alliance with Fiat, Chrysler Group LLC names Sergio Marchionne as CEO.
TURIN, ITALY – In a joint statement, Fiat, Chrysler, and Chrysler's majority shareholder Cerberus Capital Management L.P, said they have signed "a non-binding term sheet to establish a global strategic alliance."
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