The new Chrysler Group will be born

The United States Bankruptcy Court in the Southern District of New York has approved the sale of the assets to Chrysler Group LLC, a new company formed in alliance with Fiat, the company announced this morning (reporter Meng). It is reported that the alliance with Fiat Group will enable the Chrysler Group to provide new products, improve the company's existing product line, technical cooperation, and build a stronger global distribution network. Work with Fiat to develop the next generation of greener, more energy-efficient, high-quality cars is already in order. "We are committed to the production of Jeep, Dodge and Chrysler brand automotive products and Mopar brand components, and ensure its high quality."　　Said Nardelli, chairman and chief Executive officer of Chrysler LLC.　　At the same time, Chrysler's Mexico, Canada and other international business institutions will be included in the Chrysler Group. Upon approval, a new Chrysler group will be born and ready to build a new company with Fiat. The new Chrysler Group will soon start operating.