Fiat currently owns a 58.5 percent stake in Chrysler, but they're apparently cooking up a scheme that they hope will net them some quick cash: buy up the remainder of the company and then launch a share offering in the U.S. Mopar guys may have to get ready to become Fiat guys.

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Famed modern day philosopher Jeremy Clarkson once noted that "You can't be a true petrolhead until you've owned an Alfa Romeo." That's probably true, but it's a bit of a tall order for us Americans, since Alfa Romeos haven't been sold here since the mid 1990s (save for a few 8Cs here and there.)

In a stunning display of cultural sensitivity at the Detroit Auto Show today, Fiat-Chrysler CEO Sergio Marchionne told reporters that if an Alfa Romeo comes to the U.S., it must have a "wop engine." In other words, no Chrysler engines for American Alfas, but you'd think the CEO of a major automaker could have found a…

Judging by his perennially rumpled look, it's difficult to peg what sort personal car Chrysler-Fiat CEO Sergio Marchionne would go for. But SRT president and designer Ralph Gilles leaked via Twitter that Il Commendatore di Chrysler opts for a snarling SRT Challenger on weekends. We approve.

Italy's Prime Minister Silvio Berlusconi paused his game of "bunga bunga" with underage prostitutes long enough to notice that Chrysler-Fiat CEO Sergio Marchionne had said Friday the two companies could merge into a U.S.-based corporation. After demanding a sit-down with Marchionne, Berlusconi returned to mulling what…

Sergio Marchionne, chief executive of Chrysler and Fiat, said today that the rescue of Chrysler by the U.S. government included "shyster" loans with tough interest rates. Do you really want to go there, Sergio? UPDATED

CEO Sergio Marchionne told Automotive News last week at the Detroit Auto Show that Chrysler plans to offer a gasoline-electric hybrid version of the 300 sedan in 2013. Now for the question of where they'll get said powertrain. [AutoNews]

Chrysler's finally confirmed they're building the Jeep pickup, or something like it, with Chrysler CEO Sergio Marchionne just telling reporters "I said [yes] to a multipurpose vehicle out of Jeep with something that they call a truck bed." [PickupTrucks.com]

Chrysler-Fiat maestro Sergio Marchionne admitted to dealers this week that the company had "historically ignored" quality complaints, but vowed that the new Chrysler would banish its ghosts with better technology, such as 9-speed automatic transmissions.