Volvo To Marchionne: "Call Me, Maybe"
Published: June 24th, 2012
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Volvo is looking to establish a North American manufacturing foothold, but rather than doing it themselves, they’re looking to collaborate with another automaker – and Fiat is high on their list.
According to Bloomberg, Volvo CEO Stefan Jacoby is looking to get something going in the next five years, and is already in talks with a “couple” automakers. Jacoby did admit that Fiat was a company that he’d be interested in doing business with.
More by Derek Kreindler
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I was wondering if maybe there wasn't a better North American connection for Volvo (and now that I think about it, Mazda). Maybe they should collaborate with...Ford?
Hahaha i love the title/video posted. Very fitting of the situation.
Abarth/SRT8/Polestar versions of everything they'd make?
Ironic if Volvo and Fiat were to cooperate - Fiat tried to buy Volvo Cars in the 90s and had all the financing lined up but were rebuked and Ford ended up buying it instead. Fiat used the M&A money they had raised to create Case New Holland, and now Sergio is trying to merge that company with the recently spun-out Fiat Industrial...