VW CEO denies it plans part in Fiat rescue -paper

Newswire

FRANKFURT, Dec 18 (Reuters) - Volkswagen Chief Executive Bernd Pischetsrieder denied on Wednesday VW wanted to take part in the restructuring of struggling rival Fiat , but confirmed VW's Audi unit was in cooperation talks with Fiat's Maserati. Asked by Germany's Sueddeutsche Zeitung in an interview if it was right to understand that VW was planning to get involved in Fiat's rescue, Pischetsrieder said: "You have understood that wrongly. There are talks between Audi and Maserati about ...

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