Fiat appears poised to make its debut in the US market with the Fiat 500, which it plans to build in Mexico, The Wall Street Journal reported on Sunday, quoting unnamed sources.
The Italian carmaker has taken over management of the bankrupt Chrysler, a move that will give it its first foothold in the North American market.
The newspaper quoted people familiar with the matter as the source for its information.
Chrysler is also considering making a small Fiat engine for the 500 and developing a compact car larger than the 500 in the US, the story said.
In the Mexican deal, the cars would be made in Toluca. It was not clear how the United Auto Workers (UAW) union would accept such a project at a time of huge job losses for American workers.
Chrysler emerged from bankruptcy earlier this year with two main owners: the US government, which provided US$15 billion (Bt512 billion) in emergency loans; and the UAW.
Fiat was given a 20-per-cent stake and management control of the new Chrysler in exchange for its small-car technology and fuel-efficient engines. If did not bring money into the deal.
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