VIENNA ‚Äď Fiat Auto SpA is considering a future joint venture with OAO Severstal-Avto, the automotive division of Russian steel maker Severstal. Severstal-Avto plans to launch assembly of the Fiat Albea, Palio and Doblo this year at its OAO Zavod Mikrolitrazhnykh Avtomobiley (ZMA) car plant in Naberezhnye Chelny in Tatarstan, Russia, as part of a licensing agreement with Fiat. ‚ÄúWe have found the right partner in Severstal,‚ÄĚ Fiat Auto CEO Sergio Marchionne says, noting the current scheme ...
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