Fiat Automobiles SpA is late to China’s sales party, but CEO Sergio Marchionne promises the Italian auto maker will be the life of the party. Fiat’s partnership with Guangzhou Automobile Group Corp. (GAC) addresses a “weak point” in its global strategy, Marchionne says today in a conference call with industry analysts. “We’ve had a number of unfortunate wrong starts in China up to now,” he says, referring to failed tie-ups with the former Nanjing Automobile Group in 2007 and Chery ...
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