Jump to content
thegriffon

Fiat Auto and Chery Automobiles Engine Deal

Recommended Posts

Fiat Auto and Chery Automobiles today announced the signing of a Memorandum of Understanding (MoU). According to this agreement, Chery Automobile will supply 1.6 and 1.8 L gasoline engines for application in Fiat cars to be produced in China and outside China. The two companies expect an annual supply exceeding 100,000 engines and are engaged to sign the definitive supply agreement before year end.

In a statement, Mr. Sergio Marchionne, CEO of Fiat and Fiat Auto, said, “The agreement with Chery will give us the opportunity to further increase the competitiveness of our product range on the international markets. … more

Share this post


Link to post
Share on other sites

If they build the engines to FIAT specifications, there should be "few" problems :AH-HA_wink:

Same goes for the 'nox's engine. It's built to GM specifications, so it is reliable.

Now if they (FIAT) just ordered Chery's regular, run of the mill engines, there'd likely be reliability problems.

Share this post


Link to post
Share on other sites

They're getting Chery's new engines, because Chery has spent a lot of government money on brand-new state-of the art engines engineered in Europe, and Fiat doesn't have the time or money to do so. Having left gasoline engine development to GM for several years they now find themselves short. GM's new engines in this size bracket have been introduced since the partnership dissolved, so Fiat isn't getting them.

Share this post


Link to post
Share on other sites

So the Fiat Group has fallen this far off, eh?

And we say the British car industry is in the toilet.

Fiat IS Italy...more so than the exotics will ever be.

Share this post


Link to post
Share on other sites

These engines are primarily for developing markets such as India and China. Europe gets an unrelated new Fiat 1.8 DI Turbo, and the 1.4 Turbos.

Edited by thegriffon

Share this post


Link to post
Share on other sites

Hmm, it seems that Fiat has hit upon an easy way to make money. Didn't a Memorandum of Understanding cost GM $2 billion to get out of?

Share this post


Link to post
Share on other sites
Guest aatbloke
So the Fiat Group has fallen this far off, eh?

And we say the British car industry is in the toilet.

Fiat IS Italy...more so than the exotics will ever be.

The British car industry may be entirely under foreign parentage, but it isn't in the toilet. It employs a million people in this country and contributes significantly to the national economy.

Share this post


Link to post
Share on other sites
Guest aatbloke
Hmm, it seems that Fiat has hit upon an easy way to make money. Didn't a Memorandum of Understanding cost GM $2 billion to get out of?

GM knew the score in that deal. Fiat's return to profitability in the past couple of years is down to concentrating on what it's best at - small cars. This resurgence began with the latest Punto, and compounded upon by the new Panda, Bravo and most recently the brilliant new 500.

Share this post


Link to post
Share on other sites
And GM's Torrent and Equinox have Chinese engines.

Based on an American design, of course, but your point is well-taken.

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoticons maximum are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




About us

CheersandGears.com - Founded 2001

We  Cars

Get in touch

Follow us

Recent tweets

facebook

×