Fiat boss Sergio Marchionne is keen to talk to Volvo as the Swedish firm’s hunt for a partner in developing small cars continues. “I’m interested in talking to everyone that wants to talk to me,” said Marchionne at the Geneva motor show.
Volvo has no long-term tie-up with Ford anymore after it was sold to Chinese firm Geely. The firm has developed a new range of four-cylinder engines and a scalable platform for mid-large sized cars, but a small car platform is absent from its armoury.
“We are open for partners,” Volvo’s chief executive Stefan Jacoby said in January. “We are open for collaboration in a win-win situation for sharing platforms, for sharing engines and for a general higher scale of economics.”
Marchionne also revealed he’d had talks with several Japanese companies, believed to include Mazda and Suzuki, regarding future alternative drivetrains, but he planned to persist with improving internal combustion engine technology due to the high costs of new alternative technology.
“There’s still lots of unexplored technology with combustion,” he said. “Future drivetrains need to be cheaper and more cost effective. You just won’t sell any cars at that price in the B-segment.”