Contents of Fiat-Chrysler partnership

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Chrysler was finally taken over by Fiat after the US Supreme Court decided not to allow the case filed against its sale by the pension funds to be heard. This paved the way for the sale to go through. Chrysler also received the go-ahead to get rid of 25 percent of its dealers which was good news for the company.

Chrysler got what it wanted by signing the deal with Fiat and exiting bankruptcy proceedings within the 30-60 days window. This bodes well for the partnership. Cars like the Alfa 169, Dodge Charger ’11, Fiat 500, Jeep Panda, Dodge Journey, Chrysler mid sedan, Alfa Romeo GTX, Dodge Caliber, Jeep Compass and Jeep Patriot, Dodge Hornet, Alfa Romeo MiTo. Jeep Liberty and Alfa SUV-C will go into production and sale as scheduled from various plants.

The Chrysler Group LLC announced a new organizational structure that focuses on the Chrysler, Jeep, Dodge, and Mopar brands. This new organization is based on a global brand-focused structure made up of Chrysler’s four brands (mentioned above), each with full profit and loss accountability, but separately.

Though the Fiat Chrysler partnership has gone through a rocky road and a turbulent start, the companies together hope to come through this bad patch. The challenges Sergio Marchionne faces are tough, the global auto market is going through extremely sluggish sales and there are many competitors flooding the roads with their new offerings. It remains to be seen how the Fiat Chrysler fares till the new vehicles hit the roads in 2011.