According to Reuters News, the Fiat-Chrysler Group is seeking partners around the world to form alliances to share development and production costs in response to the downturn in the European auto market. On February 28th, Fiat Chrysler Group CEO Malchon said at the press conference: “We are in action. Fiat Chrysler can be a very active partner in any part of the world.†Prior to this, Malchow had repeatedly Said that must find partners to share the cost of car development and production.
When asked if he was looking for a European partner, Malchoney pointed out: "There are not too many car companies to choose from. I am looking at all the other car companies in Europe." When questioning Asian partners, especially when Suzuki and Mazda, Malchone said: "There are more opportunities to look at them, including the above car companies."
Regarding the news that GM might establish alliances with PSA Peugeot Citroën, Malchoney commented: “The response to the European status quo has become the key. If the GM and Peugeot deals can proceed, I hope they will solve the problem of overcapacity. It is a matter of urgency."
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