The infiltration of Fiat design will be a mainstay in the Chrysler lineup after the Italian company forked over more than $4 billion Wednesday to gain full control of Chrysler Group LLC.
The two companies’ partnership has already produced Fiat-inspired Ram commercial vans, and when the merger is complete, that working relationship with be cemented.
Chief Executive Sergio Marchionne says he plans to merge the two companies to become the world’s seventh-largest auto group.
“The unified ownership structure will now allow us to fully execute our vision of creating a global automaker that is
truly unique in terms of mix of experience, perspective and know-how, a solid and open organization that will ensure all employees a challenging and rewarding environment,” he says.
“I have been looking forward to this day from the very moment that we were chosen to assist in the rebuilding of a vibrant Chrysler back in 2009” says John Elkann, Chairman of Fiat. “The work, commitment and achievement I have witnessed from Chrysler over the past four and a half years is nothing short of exceptional, and I take this opportunity to officially welcome each and every one of the people in the Chrysler organization to the integrated Fiat-Chrysler world.”