"I'm interested in talking to everyone that wants to talk to me,"¯ Marchionne said of a possible tie-up with Volvo.
Volvo - now under the leadership of China's Geely - has recently developed a new range of four-cylinder engines and a scalable mid-size vehicle platform, but still lacks in the small vehicle segments. A Volvo-Fiat partnership could fill that void, while Fiat could benefit from Volvo's drivetrain technology.
"We are open for partners,"¯ Volvo CEO Stefan Jacoby told Autocar. "We are open for collaboration in a win-win situation for sharing platforms, for sharing engines and for a general higher scale of economics."¯
Fiat has also reportedly held talks with Mazda and Suzuki about possible powertrain tie-ups.