Chrysler considers tie-up with Tata

New Delhi: While Tata grapples to get Nano on the road, it is also reportedly in talks with US automaker Chrysler for a tie up.


Chrysler is looking to sell its Jeep Wrangler SUV in India.


Chrysler LLC is the No. 3 US automaker and is in talks with a range of overseas partners, including Tata Motors and Fiat to raise cash and open doors to markets outside the United States.


Representatives from the two companies had no immediate comment but analysts say the tie-up could potentially open a new market for the Wrangler, widely seen as Chrysler's strongest.


A spokesman for Chrysler, which is controlled by private equity firm Cerberus Capital Management LP, declined to confirm the talks.

A Tata representative had no immediate comment. Cerberus and Fiat representatives could not be reached immediately.

Fiat Chief Executive Sergio Marchionne, credited with steering a turnaround behind the Alfa Romeo, Lancia and Fiat brands, has said Fiat is looking for a partner for its return to the North American market.

source:ibnlive