Chrysler in talks with Fiat to produce Alfa Romeos in the U.S.

We just reported last night about Nissan and Chrysler expanding their product development alliance and today news comes out of Germany that Chrysler is in talks with Fiat on a possible cooperation agreement for production of Alfa Romeo cars in Chrysler’s U.S. factories.

Handelsblatt newspaper is saying that talks between the two companies have advanced. “Handelsblatt has learned Chrysler could produce the cars for Fiat subsidiary Alfa Romeo,” the newspaper wrote on Tuesday. “Industry sources say the talks are moving forward.”

Alfa Romeo has been looking for production partners in the U.S. as it prepares for its return to the U.S. market. Fiat CEO, Sergio Marchionne, said that he hopes to start North American production of Alfa cars in the U.S. by 2012.

Source: Automotive News (Subscription Required)

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