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VW, FCA in early-stage talks about light-utility vehicle JV, report says

HAMBURG — Volkswagen and Fiat Chrysler Automobiles have held discussions on joining up to produce some light-utility vehicles, a source close to the matter said on Thursday.

“It’s still very vague, we have to see if this will be pursued,” the source said, without giving any details.

Fiat Chrysler declined to comment.

The news of the talks was first reported by The Wall Street Journal. The paper said such cooperation could include future versions of VW’s Caddy panel van and VW’s Amarok midsize pickup truck, but added there was still no clarity on the extent of any potential agreement.

The report comes after Great Wall Motor Co. told Automotive News this week that it would be interested in acquiring Jeep from FCA. Great Wall also conceded that major obstacles would need to be overcome for such a deal to take place.

The Journal story quoted sources saying Volkswagen “isn’t currently eyeing the Jeep unit itself, or considering a takeover bid for Fiat Chrysler.”

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