The Italian based automaker Fiat is interested in finding a new partner, and the Swedish manufacturer Volvo might be just “what the doctor ordered”.
In a recent interview with Autocar, during the 2012 Geneva Motor Show, the head of Fiat-Chrysler, Sergio Marchionne, has announced that the company is interested in a new partnership, while the Volvo side has also said that it’s opened for partners.
“I’m interested in talking to everyone that wants to talk to me”, as Sergio Marchionne told Autocar when asked about a possible Volvo partnership.
“We are opened for partners. We are open for collaboration in a win-win situation for sharing platforms, for sharing engines and for a general higher scale of economics”, said the Volvo chief executive Stefan Jacoby several months ago.
Rumors say that the Swedish based automaker is looking for a small car platform which could allow the company to compete with subcompact cars in the market like the Honda Fit or Toyota Yaris, and even with the new V40, Volvo can’t think for now on developing a new and smaller model. Besides this, Fiat might also gain a new platform from its future possible partner.
Besides Volvo, Fiat is also interested in buying Opel, but the offer has been recently turned down by General Motors, who formed an alliance with PSA Peugeot-Citroen to help the brand in Europe.