The Fiat-Chrysler deal has now got the support of the US Supreme Court in a move that will help the US auto-maker out of bankruptcy. Three small pension funds holding a minimal stake in Chrysler had applied to block the deal.

The deal now looks sealed and should bode well for both Chrysler and Fiat, with the latter looking to get its models in the US market on the back of its new American partner. The Fiat models set to go to the US include the Fiat 500, the Alfa MiTo and the Alfa Milano among others.

In the photo is the Fiat Grande Punto, also tipped to appear on US shores. The move is not simply a question of Fiat managing to export its models, but should involve the development of new engines and transmissions on American soil with Fiat having access to Chrysler facilities.

Source | LeftLane News

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