Fiat has denied claims by Chrysler that it will shoulder some of the struggling US manufacturer's debt if the two companies link up.
Chrysler, which is planning a tie-up with Fiat, told the US government on Thursday that Fiat would take on more than a third of the struggling US car manufacturer’s debt.
Read more about Fiat’s planned partnership with Chrysler
A statement from Fiat, however, dismissed Chrysler’s claims: “Fiat Group intends to make it absolutely clear that the proposed alliance will not entail the assumption of any current or future indebtedness of Chrysler.”
Add your comment