Fiat and Suzuki may expand their cooperation

Article by Christian A., on June 1, 2011

Japan-based Suzuki Motor Corp. and Fiat S.p.A. are in discussions about expanding their partnership even if Fiat’s competitor Volkswagen AG owns 19.9 percent of Suzuki, two insiders told Automotive News Europe.

The two companies have industrial partnerships since 2001 wherein Suzuki manufactures the Sedici compact SUV for Fiat in Hungary as well as produces Fiat diesel engines under license in India.

According to the two insiders, Suzuki Chairman Osamu Suzuki offered to produce the next generation Sedici for Fiat in a meeting with Sergio Marchionne, Fiat’s head, in Turin on May 25.

Also present in the meeting was Fiat chairman and controlling shareholder John Elkann. The production of the existing Sedici, which was launched in 2005, will end in 2013. The production plan of Fiat that extends until 2014 does not include a replacement for the model.

This model is a rebadged variant of the Suzuki SX4, which is Europe's top-selling small SUV. Fiat is planning to replace the Sedici with a small SUV by 2013 by Chrysler's Jeep unit and code-named B-Jeep. However, no decision has been made, according to a Fiat source.

In addition, Fiat has a contract with Suzuki to purchase 20,000 vehicles annually of the Sedici. In 2007, the sales of Sedici peaked to 31,855 units. However, the sales have been steadily declining, down to 16,505 units last year based on Jato Dynamics market researchers. Sales for Suzuki SX4 peaked at 50,354 units in 2008 but dropped to 37,517 last year.

Topics: fiat, suzuki, partnership

If you liked the article, share on:

Comments

Recommended

The BMW 7 Series is already highly sought after but nonetheless, the German marque is giving it a more exclusive variant for the Russian market, and they are calling it...
by - October 20, 2017
Several automakers including Porsche, Volkswagen, Smart and even Land Rover have all been victimized by cheap Chinese copycats. And if you haven’t seen it yet, the most recent one would...
by - October 20, 2017
The Mercedes-Benz G-Class has been around for quite some time now but to bid it farewell, the company has launched the Mercedes-AMG G65 Final Edition. Mercedes will only build a...
by - October 20, 2017
Have you ever wondered what you can you buy with $9,365 in your pocket? Well, you have quite a lot of options. In fact, you can even purchase a used...
by - October 20, 2017
The Audi A7 Sportback, whether you would like to call it a sportback or a four-door coupe, has always been a beautiful car. And this week, the 2019 model year...
by - October 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries