Russia: Fiat, Sollers JV scrapped

Fiat Group and Russian vehicle manufacturing company Sollers have ended their multi-billion-euro joint venture. "Fiat SpA and Sollers Group have now determined to pursue independent strategies to further develop their respective presence in Russia. To this end, both parties have consequently agreed to end their current negotiations aimed at enlarging their Subscribe to Automotive World … Continued

• By Webmaster
• February 21, 2011