Chrysler LLC chief executive Robert Nardelli denied reports on Thursday that the US carmaker was in talks with Italy's Fiat about a possible alliance.

"There are no talks," Nardelli said after a speech in Detroit, Michigan, rejecting reports in Europe that Chrysler was in talks with Fiat. "I don't know where that came from."

Nardelli, however, said he was continuing to develop a strong working relationship with Nissan-Renault chairman Carlos Ghosn.

"We're very pleased to have the special arrangements on products with him," he said.

"What I appreciate is the quid pro quo — the ability to purchase and to sell and to try to balance manufacturing capacity and engineering technology between our two companies," Nardelli said.

Chrysler and Japan's Nissan Motor Co. said on Monday they will expand their current partnership to include the production of vehicles to be sold in North America, Europe and other global markets.

Ghosn has spoken of the need to find a US partner for the company, in which French automaker Renault holds a controlling stake.

AFP

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