Nanjing Auto silent on reported strain with Fiat


SHANGHAI, May 24 (Reuters) - China's Nanjing Automobile (Group) Corp. declined comment on a media report saying its partner Fiat might pull out of their car venture in eastern China. The Financial Times on Thursday cited Fiat chief executive Sergio Marchionne as saying that Nanjing Auto had been "distracted" by its efforts to relaunch the MG brand, and that he was considering scrapping the alliance with the Chinese auto maker. Fiat wants to sell 300,000 cars in China by 2010, but its ...

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