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TURIN, ITALY – In a joint statement, Fiat, Chrysler, and Chrysler's majority shareholder Cerberus Capital Management L.P, said they have signed "a non-binding term sheet to establish a global strategic alliance."
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Distinction between domestic and imports fading as world class cars emerge.
Read More →Top stories: AMC beings production of 4-wheel passenger cars; and Hertz, Avis and National reach settlement with Budget
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