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Fiat Chrysler CEO Sees Samsung as Potential Strategic Partner

  • Marchionne says Magneti Marelli unit has several suitors
  • Fiat CEO doesn’t confirms talks with Samsung on parts unit

Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne said he sees Samsung Electronics Co. as a potential partner amid interest from several potential buyers of its Magneti Marelli auto-parts unit. He didn’t confirm talks with the Korean company.

“We have a very good relationship with Samsung, both as a supplier and as a potential strategic partner,” Marchionne said late Saturday in an interview with Bloomberg Television in Rome. “I happen to have a good relationship” with Samsung Electronics Vice Chairman Lee Jae Yong because both serve on the board of Exor SpA, he said. Marchionne declined to comment on whether Samsung would eventually make a bid for the...


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