Chrysler chief denies alliance talks with Fiat

0 Comments | AFP, April, 2008

DETROIT, Michigan (AFP) — Chrysler LLC chief executive Robert Nardelli denied reports Thursday that the US carmaker was in talks with Italy's Fiat about a possible alliance.

"There are no talks," Nardelli said after a speech in Detroit, Michigan, rejecting reports in Europe that Chrysler was in talks with Fiat. "I don't know where that came from."

Nardelli, however, said he was continuing to develop a strong working relationship with Nissan-Renault chairman Carlos Ghosn.

"We're very pleased to have the special arrangements on products with him," he said.

"What I appreciate is the quid pro quo -- the ability to purchase and to sell and to try to balance manufacturing capacity and engineering technology between our two companies," Nardelli said....