The deal between FCA and Renault could take more than a year to finalize however.
Renault is worth $17 billion and FCA is worth $20 billion, meaning a tie-up could be huge.
Fiat was once the highest-selling automaker in Brazil but now sits in third place.
Fiat’s latest addition to the Tipo family isn’t the perfomance version it looks to be.
Powering this Fiat Uno is a 1.6-liter four-cylinder turbocharged engine with 600 hp.
Fiat’s new 500 Star and Rockstar start from £15,395 and £15,565 respectively in the UK.
Magneti Marelli has been sold to Japan’s CK Holdings, and a supplier juggernaut has been created.
Unlike other Fiat Professional vehicles, the Mitsubishi L200-based truck wasn’t popular with customers.
Abarth has also updated other 595 models, adding more extra kit along the way.
The South America-only Argo Trekking is a subcompact all-rounder that starts at just under $15,000.
FCA’s new Heritage facility is a treasure cove for fans of Alfa Romeo, Fiat and Lancia cars.
The Fiat 124 Spider Urbana Edition is priced from $26,095 and is available for order now.