UPDATE 1-Fiat in deal to get Chery engines for cars

Newswire

(Adds quotes, details, background) MILAN, Oct 31 (Reuters) - Italy's Fiat has agreed with Chery Automobiles to have the Chinese manufacturer supply it with engines for some of its cars in the latest alliance aimed at keeping Fiat competitive in a tough market. Fiat said on Tuesday its automotive division, Fiat Auto, had signed a memorandum of understanding with Chery to have it supply 1.6- and 1.8-litre gasoline engines for cars made in China as well as outside the country. "The two ...

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