Share

Fiat-Mitsubishi, agreement signed for a new pick up

Sergio Marchionne has signed a non-binding memorandum of understanding with Mitsubishi for the production of a medium pick up based on the next generation of the L 200 – This is the third agreement reached with Japanese manufacturers in recent times, after those with Suzuki and Mazda.

Fiat-Mitsubishi, agreement signed for a new pick up

Fiat found an agreement with Mitsubishi for the production of a medium pick up “based on the next generation of the L 200”. This was communicated in a note issued by Lingotto this morning.

The news closely follows that of two other collaborations announced with Japanese manufacturers: Fiat, in fact, has reached similar agreements with Suzuki and Madza.

The memorandum of understanding between the two groups is not binding, but in any case it represents a logical element within the strategy of Marchionne, who is very active in Asia. In fact, the Asian area has now become the biggest dossier on FCA's table.

Meanwhile, in mid-morning, the Fiat share advanced by more than 1%, in the wake of the positive trend maintained by the Italian stock market in the same minutes. 

comments