Fiat seeks JV

Fiat S.p.A. (Fiat), an Italian-based automaker, has submitted its request to China’s top economic planning body to set up a joint venture (JV) in China. Fiat has submitted two joint venture projects with Chery Automobile Co. and Guangzhou Automobile Group Co. (GAIG), respectively. The automaker is also seeking permission to produce the Sedici crossover model at Chongqing Changan Suzuki Co., a JV between Changan Motors and Suzuki Motors. (December 1, 2008)