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Fiat Inks Roadster Deal With Mazda

Fiat SpA and Mazda Motor Corp. are collaborating on a roadster based on the Mazda MX-5 Miata. The move is the beginning of a deeper tie-up between Japan's fifth-largest automaker and Chrysler Group LLC's parent company. The cooperation could also lead to a jointly produced next-generation Miata, an Alfa Romeo successor to the Spider. Both would be manufactured by Mazda in Hiroshima. But the deal also calls for continued negotiations on "further opportunities for cooperation in Europe."

Read the whole story at Detroit News »

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