Fiat hopes for another alliance in 2006-CEO

Newswire

TURIN, Jan 30 (Reuters) - Fiat hopes to strike another alliance in 2006, Chief Executive Sergio Marchionne told a news conference on Monday. Fiat has been striking various alliances with other car makers to cut development and production costs, including a cooperation deal with India's Tata Motors signed earlier this month. Last December, its truck unit Iveco forged an alliance with China's Shanghai Automotive Industrial Cooperation and Fiat also has cooperation deals with France's PSA ...

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