Italian car producer Fiat negotiated in the last few weeks possible forms of cooperation with the U.S. Chrysler Group, said the general director of Alfa Romeo brand, Luca de Meo, German magazine WirtschaftsWoche.

At the end of March, the general director of Fiat, Sergio Marchionne, said the Financial Times that the group is ready to discuss with the big American manufacturers to automobile manufacturing Alfa Romeo in the United States.

Such collaboration would reduce costs Fiat, in the conditions in which European exporters are affected by the high cotatia euro, and would mark the return of Alfa Romeo brand on the American market, where it was withdrawn in 1995.

To be honest I was expecting something like that to happen sooner or later. Financial Times Deutschland announced today that BMW is in talks with General Motors and Fiat to sell them engines and transmissions, but none of the three cared to give an official comment.

The main reason why I was expecting it to happen was because for over 10 years GM sold automatic transmissions to BMW or 3 and 5 series models.

They want to return the “favor”. Anyway, about the engines, BMW is rumored to either provide a 4.4l V8 engines for the Cadillac line or twin turbo. Read more »