That’s amore: Fiat fuelled by Chrysler love

The full takeover of Chrysler makes complete sense for Fiat given how reliant the Italian carmaker is on Chrysler's profits. Unfortunately it means more capacity for an industry already suffering from oversupply.

For global carmakers, this week’s announcement that Italy’s Fiat group will acquire the 41.5 per cent of Chrysler that it didn’t already own, while not unexpected, isn’t a positive development. It also helps add some perspective to the gradual demise of the Australian car manufacturing sector.

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