Street Diaries

According to Peter Fong, Chrysler brand CEO and head of sales for all Chrysler Group brands, the Fiat 500 will be sold in the U.S. with Chrysler handling distribution.  However there is going to be a limited volume available to start with.

Fiat recently announced it has plans to produce vehicles at the old Bertone plant in Italy, according to Fiat and Chrysler CEO Sergio Marchionne.  However, he declined questions on which specific vehicles will be made there and when production will start at the Turin plant.

Chrysler and Nissan announced that they are canceling their 2008 deals to build vehicles for each other.  The automakers announced this on Wednesday afternoon.

Porsche has been on kind of unstable land lately with the market crunch worldwide.  Although they are not in serious trouble like General Motors or Chrysler, there has been some talk that the German automaker is having issues with low sales.  However, there are plans to turn the company into the right direction again and [...]