Mercedes-Benz partnering with Fiat

Just recently, mobilemag.com reported that the Italian automaker, Fiat will be working with Daimler for the next-generation Mercedes-Benz A-Class and B-Class compact cars. According to the report this is just one of their projects aside from an agreement that Fiat would be producing truck engines for Daimler, a deal worth $3.49 billion.

The said plan is still being worked on according to Sergio Marchionne, chief executive at Fiat. He also said that it is possible that they extend the partnership with Daimler, saying, “We’re not just talking with Daimler about engines,” said Marchionne. “We’re talking about everything.”

The results are yet to be seen for both companies have not release any details regarding their plans.

Source: http://www.mobilemag.com/content/100/354/C13798/

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